7-Eleven Malaysia ups its game

(From left) Masaaki Matsuhashi, Tan and Tan Sri Dr R. Palan at the launch of Seven Bank’s ATMs across Malaysia. — CHAN TAK KONG/The Star

ALTHOUGH 7-Eleven Malaysia Holdings Bhd is the largest 24-hour convenience store operator in the country, it is not in an enviable position.

Besides competing with the mushrooming of convenience stores, it is also facing rising operational costs, which have impacted profitability. In 2023, 7-Eleven closed 36 underperforming stores.