Some 7-11 Trivia
Formerly owned by the Southland Corporation, which filed for Chapter 11 bankruptcy in October 1990 and emerged from bankruptcy in March 1991, following a $430 million cash infusion from Ito-Yokado and Seven-Eleven Japan, 70% of the globally operated 7-Eleven, Inc. (i.e., the new corporate name that replaced Southland Corp. in 1999) is owned by two Japanese entities, Seven & I Holdings (i.e., Ito-Yokado) and Seven-Eleven Japan.
In 1946, in order to reflect the former "Tote'm" company's newly established extended hours of operation (i.e., from 7:00 am to 11:00 pm, seven days a week) the chain's name was switched to 7-Eleven".