Courier de l'Égypte - Toshifumi Suzuki, 'father' of Japan convenience stores, dies at 93

NYSE - LSE
CMSC -0.3% 21.725 $
BTI 1.84% 60.96 $
RELX 4.5% 34.41 $
BCE 0.42% 21.3 $
RBGPF -1.11% 66 $
CMSD -0.09% 21.98 $
RIO -0.32% 91.22 $
GSK 1.19% 51.35 $
BP -0.25% 43.82 $
NGG -0.09% 82.3 $
BCC 1.77% 77.84 $
JRI 1.23% 13.06 $
VOD -0.66% 15.15 $
AZN 0.58% 169.26 $
RYCEF -1.05% 18.17 $
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.

Y.Fady--CdE