Seven-Eleven Merchant to reduce expenses paid to headquarters October 10 23:24

Convenience store major “Seven-Eleven” is trying to reduce the burden by lowering the cost paid to the headquarters by member store owners because the number of member stores whose profitability deteriorates due to rising labor costs due to labor shortage etc. I decided.

This was clarified at an interim financial result meeting held in Tokyo on the 10th of “Seven & i Holdings”.

Convenience store owners pay a cost called “royalty” to the headquarters as consideration for using the brand, but the number of member stores whose profitability deteriorates due to an increase in labor costs associated with labor shortages.

For this reason, Seven-Eleven decided to reduce this cost from March next year. The amount of reduction varies depending on the scale of sales and whether or not it is open 24 hours a day. For example, if a store with monthly sales of 5.5 million yen or more is open 24 hours a day, it will be reduced by 35,000 yen a month. This measure means that the average profit per store will increase by 500,000 yen per year.

On the other hand, the profit of headquarters will decrease by about 10 billion yen, but we will respond by closing or moving about 1000 stores that are not profitable over the next fiscal year.