Journal du Club des Cordeliers - Toshifumi Suzuki, 'father' of Japan convenience stores, dies at 93

NYSE - LSE
RBGPF 2.81% 69.99 $
AZN 2.2% 163.78 $
CMSC -0.15% 20.42 $
GSK 3.84% 50.05 $
NGG -2.53% 74.96 $
RIO -2.38% 97.64 $
BTI 3.58% 57.29 $
BCE 0.34% 23.47 $
RYCEF -2.63% 19.04 $
CMSD -0.4% 20.24 $
RELX 5.38% 35.72 $
BP -0.37% 45.93 $
BCC -0.25% 75.25 $
JRI -0.42% 11.96 $
VOD 0.74% 17.53 $
Toshifumi Suzuki, 'father' of Japan convenience stores, dies at 93
Toshifumi Suzuki, 'father' of Japan convenience stores, dies at 93 / Photo: © JIJI PRESS/AFP/File

Toshifumi Suzuki, 'father' of Japan convenience stores, dies at 93

Former chairman of Seven & i Holdings Toshifumi Suzuki, credited for the global success of 7-Eleven convenience stores, has died at the age of 93, the company said Monday.

Text size:

Suzuki "passed away due to heart failure on May 18," the company said in a statement, adding: "We would like to express our deepest gratitude for the kindness shown to him during his lifetime and respectfully inform you of his passing."

Suzuki is known for opening the first 7-Eleven store in Japan in 1974 and growing the business into the world's largest convenience store chain, including through turning the struggling US headquarters into a subsidiary of the Japanese company and rebuilding it.

He is known as the "father of the convenience store" in Japan.

D.Dufour--JdCdC