Toshifumi Suzuki, founder of Seven-Eleven Japan, has died

Toshifumi Suzuki, founder of Seven-Eleven Japan, revolutionized the Japanese retail sector by introducing the convenience store franchise model in 1974, building the chain to over 10,000 stores by 2003. A pioneering business leader who championed economic liberalization and advanced data systems technology, Suzuki transformed Japan's inefficient distribution networks and consumer-driven business practices throughout his 40+ year career with the Ito-Yokado Group.