Nottingham Guardian - Toshifumi Suzuki, 'father' of Japan convenience stores, dies at 93

NYSE - LSE
RBGPF -1.94% 67 $
CMSC -0.29% 20.61 $
BCC 4.23% 79 $
NGG 0.23% 76.86 $
RIO 0.46% 97.49 $
GSK -0.71% 50.72 $
BP -0.14% 43.1 $
BTI 0% 55.75 $
BCE -1.34% 21.7 $
RELX -1.3% 32.98 $
RYCEF -0.55% 19.88 $
JRI -0.3% 11.485 $
AZN 0.16% 168.37 $
CMSD -0.59% 20.42 $
VOD -2.41% 16.62 $
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.

W.Prendergast--NG