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

NYSE - LSE
CMSD 0.27% 22.32 $
CMSC 0.04% 22.34 $
RBGPF 0% 60.72 $
NGG -0.33% 81.57 $
BCC 0.63% 71.59 $
GSK -1.55% 52.23 $
BTI -2.06% 61.06 $
RIO 0.51% 105.89 $
BP -2.86% 41.59 $
BCE -0.99% 24.04 $
AZN -0.83% 177.27 $
RYCEF 2.63% 17.5 $
JRI 0.89% 12.78 $
RELX -2.74% 32.84 $
VOD -3.53% 15 $
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.

V.Grabner--SbgTB