Palantir a high-risk investment with ’a one-of-a-kind growth and margin model’
Investing.com -- Seven & I Holdings, the Japanese retail conglomerate that owns 7-Eleven convenience stores, is preparing to scrutinize its supply chain and control costs in response to U.S. tariffs. The company believes the tariffs will create a challenging retail environment, as U.S. consumers deal with the economic impact.
Incoming CEO Stephen Dacus shared his perspective on the situation with reporters. Dacus, who is scheduled to take over the company’s leadership next month, suggested that the main influence of U.S. tariffs on the company would be a change in consumer behavior, rather than a direct impact on its suppliers.
U.S. President Donald Trump’s ongoing imposition of tariffs in an attempt to redefine global trade is predicted to significantly increase prices, creating hard circumstances for retailers. This has led to a decline in U.S. consumer sentiment in April, with 12-month inflation expectations reaching their highest point since 1981.
Dacus emphasized the necessity for companies to scrutinize their supply chains and tightly control costs in this environment. His comments indicate that Seven & I Holdings is preparing to adapt its operations to maintain control over its financial situation amid the changing economic landscape.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.