
Seven & I Holdings Co , Japan's largest retailing group, plans to close about 130 of the roughly 570 family restaurants run by unit Denny's Japan, the Nikkei business daily reported on Thursday. Seven & I spokesman Hirotake Hemmi said the retailer was considering closing restaurants among other measures to turn its struggling restaurant operations around, but that it had not yet disclosed any concrete figures. The company's restaurant business is the only one of five core divisions that is losing money, hurt by the ageing population and slack consumer spending, the Nikkei newspaper said. Seven & I will close the Denny's outlets over the next three years as part of a new medium-term business plan, the Nikkei said.