Retail in Asia

In People

7-Eleven: panics, launches buyout in wake of wage abuse scandal

A panicking 7-Eleven Australia will spend millions of dollars paying storeholders to leave their businesses as it tries to head off a deepening crisis over worker exploitation and wage fraud.

In the wake of startling revelations of systemic underpayment of workers in a Fairfax Media and Four Corners investigation, the company has also announced a review of wages by an "eminent Australian" and promised repayments.

The moves comes as a 7-Eleven insider revealed the company had been reeling for a month in the face of the joint investigation that found a massive cover-up by head office and contracts that saw many of the company’s 620 stores struggle to break even.