While major convenience stores in Japan, LAWSON and FamilyMart, saw profits rise, only Couche-Tard’s acquisition target, 7-Eleven, saw a significant drop in profits, making it clear that not only their North American business, but their Japanese business, was in serious trouble.
This is because of their monstrous shrinkflation strategy, which has been detected by consumers, who have grown increasingly averse to 7-Eleven’s pricey and fraudulent offerings. It’s all their fault.
The game is clearly tilted in Couche-Tard’s favor.
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[Lawson and FamilyMart post higher first-half profits – The Japan Times](https://www.japantimes.co.jp/business/2024/10/12/companies/lawson-familymart-profits/)
While major convenience stores in Japan, LAWSON and FamilyMart, saw profits rise, only Couche-Tard’s acquisition target, 7-Eleven, saw a significant drop in profits, making it clear that not only their North American business, but their Japanese business, was in serious trouble.
This is because of their monstrous shrinkflation strategy, which has been detected by consumers, who have grown increasingly averse to 7-Eleven’s pricey and fraudulent offerings. It’s all their fault.
The game is clearly tilted in Couche-Tard’s favor.