Latest news with #BloombergOriginals
Mint
30-05-2025
- Business
- Mint
The Billion-Dollar Battle to Own 7-Eleven
Bloomberg Published 30 May 2025, 08:57 AM IST (Bloomberg) -- 7-Eleven convenience stores perfected their model in Japan, where diverse, fresh-food offerings attract locals and tourists alike. But the company, which had its start long ago in the US, has struggled to replicate that success elsewhere—particularly in the country where it was born. Now a new player believes it can do a better job at creating a global convenience store empire. Canadian company Couche-Tard, owner of Circle K stores, has made an unsolicited bid to buy Seven & i Holdings, the parent of 7-Eleven. On the Bloomberg Originals mini-documentary Why There's a Battle to Own 7-Eleven, we discuss how the famous chain had its start and why its Japanese locations are so different from those in the US. The proposed deal for the convenience store chain would be the biggest foreign takeover of a Japanese company in history. But residual resistance to foreign corporations, and 7-Eleven's place in modern Japanese culture, could make the deal a hard sell. Still, while Seven & i has been slow to engage with Couche-Tard, it recently signed a non-disclosure agreement to share financial data. In Why There's a Battle to Own 7-Eleven, we show how a complicated dance of shipping and supply enable Japanese 7-Eleven stores to stock fresh food in a way that isn't the case in the US. And while American 7-Eleven stores have been trying to up their game, that country's geography and different ownership structures may mean stores there—and elsewhere—will have a hard time emulating the Japanese model. To see more Bloomberg Originals video documentaries, click the latest videos from Bloomberg Originals here. More stories like this are available on
Bloomberg
12-05-2025
- Business
- Bloomberg
The Circuit Season 3 Trailer
The Circuit returns for Season 3. Emily Chang travels to the heart of tech and business, speaking with the biggest names to find out what drives them. Stream it on Bloomberg Originals on Thursdays starting May 22. (Source: Bloomberg)
Bloomberg
17-04-2025
- Business
- Bloomberg
Why Australia's Miracle Economy Is Stalling
Australia has long been known for its prosperous economy, with many calling it 'The Lucky Country.' But that luck may be running out. While the nation's overall economy isn't in recession, its people have been weathering a perfect storm of financial headwinds that do not bode well for its future. Australia's gross domestic product-per capita fell for 21 months in a row and household disposable income is on the downslope. Household debt meanwhile is headed up as real wages have largely stagnated. Indeed, inflation has been rising and the cost of buying a home—if you can find one to purchase—is among the highest in the world. In the weekly documentary How Australia's Luck Ran Out, Bloomberg Originals shows how the country's economy managed to dodge the worst the 21st century has to offer—and why it may no longer be able to get out of the way.
Bloomberg
17-04-2025
- Business
- Bloomberg
Carlyle CEO Says Stickiness of Inflation Reflects Strong Economy
Carlyle Group Inc. Chief Executive Officer Harvey Schwartz said inflation across the firm's portfolio companies is showing that the economy remains resilient, making it too early to judge whether the US is headed toward a recession. 'We see the stickiness of inflation,' Schwartz said on Wednesday in an interview for an upcoming series for Bloomberg Originals, Bullish. 'That's actually a reflection of a strong economy, low unemployment.'
Bloomberg
11-04-2025
- Business
- Bloomberg
Social Media's 'Big Tobacco Moment' Is Coming
The new Bloomberg Originals documentary Can't Look Away, which follows parents suing tech companies after the deaths of their children, is difficult to watch. It should be. The film lays bare what many parents already know: Social media is rewiring their children's brains, creating a generation of short attention spans and social anxiety. While viewing the film, what became clear is that tech platforms aren't doing nearly enough to stop it — and probably never will. It's apparent simply in Meta Platforms Inc. Chief Executive Officer Mark Zuckerberg's shift in tone. In January 2025, he stood before some of these parents at a US Senate Judiciary Committee hearing and said, 'I'm sorry for everything you've gone through.' Before the year was out, the Facebook creator's rhetoric had changed. Donning a gold chain and longer hair, he told an audience of technologists 'I don't apologize anymore.'
