Chains are used to lock the front door of a 7-Eleven convenience store in Jakarta, Indonesia. PT Modern Internasional, 7-Eleven’s franchise holder in the country, said a lack of resources is the main reason why it ceased operations of all 7-Eleven outlets. Photo: Reuters

Why did all 7-Elevens in Jakarta suddenly disappear?

Analysts say strong competition, regulations and a sluggish economy created a perfect storm that the convenience-store chain could not withstand

Topic |   Indonesia

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Chains are used to lock the front door of a 7-Eleven convenience store in Jakarta, Indonesia. PT Modern Internasional, 7-Eleven’s franchise holder in the country, said a lack of resources is the main reason why it ceased operations of all 7-Eleven outlets. Photo: Reuters
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