Southland exited bankruptcy in March 1991, after a cash infusion of $430 million from Ito-Yokado and Seven-Eleven Japan. These two Japanese units now controlled 70% of the company, with the founding Thompson family keeping 5%. In 1999, Southland Corp. changed its name to 7-Eleven, Inc., citing the selling of operations other than 7-Eleven. Ito-Yokado formed Seven &amp; I Holdings Co. and 7-Eleven became its branch in 2005. In 2007, Seven &amp; I Holdings announced that it would be expanding its American operations, with an additional 1,000 7-Eleven stores in the United States.