Seven & i Holdings, parent company of 7-Eleven, ranked in the top 10 companies on the National Retail Federation’s (NRF) list for 2025’s Top 50 Global Retailers. The list “reflects a year in which most market uncertainties stabilized. Most countries enjoyed a far better year in 2024 from providing goods and services to the United States, where consumer spending remained strong,” the NRF said.

United States-based Walmart topped the list, with $676 billion in total company revenue and 10,692 stores worldwide. Walmart was followed by U.S.-based Amazon with $393 billion in revenue and 605 worldwide stores.

Seven & i was ranked number eight on the top 10 list, with $90 billion in revenue and 41,128 worldwide locations, according to the NRF.

“Seven & i Holdings has been gripped by tensions over attempts by Canada’s Alimentation Couche-Tard (parent company of Circle K) to buy the company. The prospective deal has been viewed favorably by stockholders, but not by management. The company has responded by establishing conditions for selling its large number of non-convenience holdings in Japan, which include restaurants, grocery stores and department stores,” the NRF said.

The NRF also highlighted how the majority of Seven & i’s stores are under the 7-Eleven convenience banner in the U.S. and Japan. It also has franchise holdings in South Asia, Canada and Mexico. Of the retailer’s 80,000-plus stores, more than 13,000 are U.S. convenience stores with fuel operations and most are under franchise ownership. The Thai conglomerate CP Holdings also operates many 7-Eleven franchises in Thailand. The retailer’s 7Now ecommerce and fulfillment division continues to grow and expand in the U.S. and Japan.

Beyond the top ten list, NRF reported that “shoppers in 2024 repeatedly said they needed more convenience from retailers. Japan’s FamilyMart and Canada-based Couche-Tard (Circle K) all fulfilled that demand, while Hong Kong-based A.S. Watson continued its shift to convenience stores from small chain drug.”