Japan's Seven & i Holdings is considering selling a stake in its supermarket unit ahead of a planned listing of the business, two sources said, as the 7-Eleven owner aims to speed up an overhaul after rejecting a takeover from Alimentation Couche-Tard.

Eleven, is weighing a sale of shares in its supermarket unit ahead of listing the business, according to Reuters. The big picture: The convenience store giant is under activist pressure to improve earnings,

Japan-based retail holding company Seven & i Holdings ($JP:3382) is reportedly set to begin a majority stake sale in its supermarket business,

Japan's Seven & i Holdings plans to seek buyers for a majority stake in its supermarket businesses, including its flagship Ito-Yokado, with the process to begin as early as the end of this year, Nikkei business daily reported on Friday.