7-Eleven
Southland exited bankruptcy in March 1991, after Ito-Yokado and Seven-Eleven Japan gave them $430 million. These two Japanese companies now controlled 70% of the company. The Thompson family kept 5%. In 1999, Southland Corp. changed its name to 7-Eleven, Inc., because they sold every store other than 7-Eleven. Ito-Yokado formed Seven & I Holdings Co. and 7-Eleven became its branch in 2005. In 2007, Seven & I Holdings expanded its American operations, and made 1,000 more 7-Eleven stores in the United States.