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

NYSE - LSE
RBGPF 0% 75.17 $
NGG 1.32% 84.26 $
CMSC 2% 20.46 $
BCE -0.6% 21.49 $
RIO 3.08% 86.39 $
CMSD 1.61% 20.48 $
GSK 2.35% 51.54 $
BTI -1.33% 60.09 $
BP 0.13% 44.59 $
AZN 1.56% 189.39 $
RYCEF 8.01% 17.86 $
JRI 2.51% 11.93 $
BCC 3.21% 72.57 $
RELX -0.37% 40.02 $
VOD 0.7% 15.69 $
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