7-Eleven Inc. appoints new CEO amid supply chain restructuring
What happened
Mauricio Leyva was appointed as the new chief executive of 7-Eleven Inc., the North American arm of Seven & i Holdings Co. The company is currently exploring measures to bring parts of its supply chain in-house to reduce costs.
From 933thedrive.com
Why it matters
7-Eleven Inc. has faced sluggish growth as rising inflation reduces US consumer spending. The company is reshaping its sourcing and distribution network to cut costs further, a move supported by Seven & i Holdings Co.
Morgan Stanley is advising Seven & i Holdings Co. following the abandonment of a bid for the company by Couche-Tard.
From 933thedrive.com
Who's involved
- 7-ElevenAmerican convenience store chain undergoing operational restructuring
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- 7-ElevenSpeculative
The company might see changes in operating costs and supply chain contracts as it shifts sourcing and distribution to in-house capabilities.