Quebec's Alimentation Couche-Tard, founded by Alain Bouchard in 1980, is eyeing a potential $38.5 billion acquisition of 7-Eleven, which has over 84,000 global locations.
After rejecting Couche-Tard's initial offer, Seven & i Holdings opens the door for future negotiations, leading to speculation on how the Canadian company might upgrade their local stores.
Concerns arise from both Japanese and American customers regarding potential cultural changes and impacts on existing offerings at 7-Eleven under Canadian ownership.
Alain Bouchard's vision has scaled Couche-Tard from a single store to a major player in the global retail market through strategic acquisitions and business innovation.
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