USA/CHINA: 7-Eleven seeks expansion opportunities in China
US convenience store chain 7-Eleven is seeking expressions of interest from companies who might operate branded outlets in China.
Following China's admission into the World Trade Organisation, the chain is hoping to extend its business in the country and revealed that it may consider licensing the rights to a group of businesses.
Market watchers expect that the companies already operating 7-Eleven stores in China will be most likely to win the licenses for the chain's expansion. These include Hong-Kong-based Dairy Farm International and 7-Eleven Japan.
- Unilever 2016 investor day - the top takeaways
- The key questions for digital strategists in 2017
- Wessanen's move for Spain's Biogran - analysis
- Burger King, Jollibee: foodservice focus, Nov 2016
- Have food promotions reached tipping point?
- General Mills jobs to go in business revamp
- Verlinvest, China Resources invest in Oatly
- B&G acquires pasta sauce group Victoria Fine Foods
- Japan's Nagatanien buys Chaucer Food Group
- Tyson sets up US$150m investment fund