Jinjoo Lee

Hmm. I don't know if magical is quite the word. Exciting, maybe?

Hmm. I don't know if magical is quite the word. Exciting, maybe?

Hmm. I don't know if magical is quite the word. Exciting, maybe?

It's a brand that people really trust, and it's a place that people regularly frequent. you know, for lunch, dinner, breakfast. If you go on YouTube and if you search for 7-Eleven Japan, you'll see so many raving reviews.

It's a brand that people really trust, and it's a place that people regularly frequent. you know, for lunch, dinner, breakfast. If you go on YouTube and if you search for 7-Eleven Japan, you'll see so many raving reviews.

It's a brand that people really trust, and it's a place that people regularly frequent. you know, for lunch, dinner, breakfast. If you go on YouTube and if you search for 7-Eleven Japan, you'll see so many raving reviews.

You can tell there's a lot of care taken in the quality of things. Like, they work with this, like, rice master in Kyoto to select the best varietal of rice for their rice balls, for instance. For potato salads, they designed a... specific peeler that removes like the thinnest layer of potato skin possible so that they could really enhance the flavor.

You can tell there's a lot of care taken in the quality of things. Like, they work with this, like, rice master in Kyoto to select the best varietal of rice for their rice balls, for instance. For potato salads, they designed a... specific peeler that removes like the thinnest layer of potato skin possible so that they could really enhance the flavor.

You can tell there's a lot of care taken in the quality of things. Like, they work with this, like, rice master in Kyoto to select the best varietal of rice for their rice balls, for instance. For potato salads, they designed a... specific peeler that removes like the thinnest layer of potato skin possible so that they could really enhance the flavor.

So yeah, 7-Eleven is a brand that's really loved by Japanese people. They really trust the quality of what 7-Eleven sells.

So yeah, 7-Eleven is a brand that's really loved by Japanese people. They really trust the quality of what 7-Eleven sells.

So yeah, 7-Eleven is a brand that's really loved by Japanese people. They really trust the quality of what 7-Eleven sells.

So if you think about convenience stores in the U.S., They sell fuel, they sell cigarettes, they sell food. And fuel is a category that's sort of going to decline over time. Cigarettes, that's already a declining business. Food is where the profits are at.

So if you think about convenience stores in the U.S., They sell fuel, they sell cigarettes, they sell food. And fuel is a category that's sort of going to decline over time. Cigarettes, that's already a declining business. Food is where the profits are at.

So if you think about convenience stores in the U.S., They sell fuel, they sell cigarettes, they sell food. And fuel is a category that's sort of going to decline over time. Cigarettes, that's already a declining business. Food is where the profits are at.

So Couchetard wants to improve their food offerings. 7-Eleven has the expertise from Japan, and that would be very valuable. Just because they have a track record of running a very successful fresh foods business.

So Couchetard wants to improve their food offerings. 7-Eleven has the expertise from Japan, and that would be very valuable. Just because they have a track record of running a very successful fresh foods business.

So Couchetard wants to improve their food offerings. 7-Eleven has the expertise from Japan, and that would be very valuable. Just because they have a track record of running a very successful fresh foods business.

CouchTard approaches 7-11 first in August, and they offer about $39 billion. And Seven and I rejected that offer and basically said, and this is in their words, they said the price was grossly undervaluing the company. And they also said there would be multiple regulatory barriers, particularly in the U.S.

CouchTard approaches 7-11 first in August, and they offer about $39 billion. And Seven and I rejected that offer and basically said, and this is in their words, they said the price was grossly undervaluing the company. And they also said there would be multiple regulatory barriers, particularly in the U.S.