AcquiredSeven Eleven became so successful in Japan that in the nineties, Seven Eleven Japan bought out the Seven Eleven parent and now own the company. Seven Eleven today is a publicly traded Japanese company on the Tokyo Stock Exchange founded in Dallas, Texas that operates the largest global retail chain in the world.
“Seven Eleven today is a publicly traded Japanese company on the Tokyo Stock Exchange founded in Dallas, Texas that operates the largest global retail chain in the world.”
It became so successful in Japan, and seven Elevens in Japan are, like, so deeply part of the Japanese culture, that in the nineties, seven Eleven Japan bought out the seven Eleven parent and now own the company. Seven Eleven today is a publicly traded Japanese company on the Tokyo Stock Exchange founded in Dallas, Texas that operates the largest global retail chain in the world. Of course. Of course. Incredible.
Why this clip
This is a perfect example of the student becoming the master - a counterintuitive business outcome that sounds almost impossible. The irony of a Japanese subsidiary buying its American parent creates natural viral potential with a clear, mind-bending narrative arc.
What they said next
Aldi does not own Trader Joe's. The Aldi that exists in The United States is Aldi Sud, the other half of the Aldi empire that split. The relationship that owns Trader Joe's is the founder of Aldi Nord, the other half. Theo bought it himself personally, and Trader Joe's is now owned by the three German foundations that he set up.
1:55:29 - 22s · Business Mechanics
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