7-Eleven chief executive Angus McKay reveals huge changes are coming to the ... trends now
The head of 7-Eleven's Australian operations has signalled major changes to how its 750 stores look, the products it offers and the number of outlets.
Speaking at a KPMG retail seminar, 7-Eleven chief executive Angus McKay also spoke about how cost of living pressures affect consumer spending.
The entire Australian branch of the global convenience giant was sold to its Japan-based parent company late last year for $1.7billion.
And the Aussie stores are now looking to Japan for inspiration, where 7-Elevens are central to society and more than 50,000 outlets offering a wide variety of goods.
'We've been pushing for many years now to move away from being a pure chips and chocolate retailer,' Mr McKay said on Tuesday.
The head of 7-Eleven's Australian operations has signalled major changes for how its 750 stores look and the products it will offer. A 7-Eleven store in Brisbane is pictured
A worker restocks rice balls at a 7-Eleven convenience store in Tokyo, Japan - the head of the brand's Australian operations said it has much to learn from Japanese 7-Elevens
Over the years, 7-Eleven in Japan has evolved into a franchise that's become part of the fabric of life, offering affordable food, drinks and daily goods, as well as municipal and delivery services.
Mr McKay said 7-Elevens in Japan carried a lot more fresh food than in Australia, where it is 30 per cent of the offering and has room to grow.
'I think that's an incredibly exciting prospect for our customers in terms of what we'll be able to do there.
'Japanese
