7-Eleven to close 444 underperforming North American stores due to declining sales, foot traffic, and inflationary pressures.
7-Eleven plans to close 444 underperforming stores in North America, representing 3% of its over 13,000 locations. The decision, announced by parent company Seven & i Holdings, stems from declining sales, foot traffic, and inflationary pressures, particularly affecting cigarette sales. Despite these closures, 7-Eleven aims to enhance its food offerings, which are now its top sales category. Specific store locations have not been disclosed.
October 10, 2024
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