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More than 400 7-Eleven US stores to close by end of the year
The 444 stores to close are among 13,000 stores the convenience chain has in the U.S. and Canada. A list of stores to close was not released by the company, which announced the plan to shutter the stores during its most recent earnings call late last week. The closures are expected to happen in the fourth quarter of this year.
7-Eleven will close more than 400 stores as the list of struggling retailers grows
The move comes as the convenience store’s parent company tries to stave off a takeover bid from the owner of competing chain Circle K. 7-Eleven is closing 444 of its “underperforming” convenience-store locations across North America,
7-Eleven is closing more than 400 locations
Several hundred “underperforming” 7-Eleven locations across North America are closing, the convenience store announced.
7-Eleven to close more than 400 ‘underperforming’ stores. Here’s what we know.
The convenience retailer, which has 8 locations on Staten Island, has been hit hard by declining cigarette sales.
7-Eleven to close over 400 stores in North America
The ubiquitous convenience store owed its recent revenue drops to inflation, declining cigarette sales and a shift in palates toward fresh food and specialty drinks.
Big Lots to close 56 more stores including 2 Pa. locations
Last month, discount retailer, Big Lots announced that it had filed for Chapter 11 bankruptcy. The company plans to sell the business to Nexus Capital Management. The retailer is also in the midst of closing hundreds of stores.
7-Eleven Announces Closure of 444 Stores in North America
Eleven is closing 444 underperforming stores across North America to boost profitability amid declining foot traffic and a takeover bid from the parent company of rival convenience store chain Circle K.
Seven & I Holdings to close 444 7-Eleven stores amid declining sales
In a strategic move, Seven & I Holdings, the parent company of 7-Eleven, has announced the closure of 444 stores across North America. This decision comes in response to declining sales, particularly in the cigarette category,
39m
7-Eleven to close over 400 ‘underperforming’ locations in North America
The company cited slow sales, declining traffic, inflationary pressures, and a decrease in cigarette purchases among the ...
phl17
1h
7-Eleven to close over 400 stores
Eleven is shutting down 400 of its underperforming stores, which locations have not yet been released. This is due to the cut back in customers from less foot traffic and increasing prices.
1d
on MSN
7-Eleven shutting down nearly 450 underperforming stores across North America
Nearly 450 7-Eleven stores across North America are closing for underperforming, according to the company. Seven & I Holdings ...
WKXW
18h
7-Eleven closing nearly 450 more locations – What about NJ?
The Wiz, also known as "Nobody Beats The Wiz" was a chain of electronic stores that grew to great heights in the Northeastern ...
NBC Los Angeles
3d
7-Eleven owners back Prop 36 with $1 million check following wave of robberies
Eleven owners, city officials and law enforcement rallied together Thursday to support Prop 36, after a brazen string of ...
8h
on MSN
Always open: Bengals' Ja'Marr Chase warms up for Sunday night vs Giants in 7-Eleven shirt
The 7/11 pendant and chain Chase wore during a win last season against the Seattle Seahawks were available on the convenient ...
Fox 5
1d
7-Eleven closing more than 400 locations
The convenience store chain, owned by the Japanese-based Seven & I Holdings, disclosed in an earnings report Thursday that ...
3d
7-Eleven Owner Plans Revamp of Noncore Businesses Amid Buyout Interest From Couche-Tard
Seven & i Holdings slashed its profit outlook and announced plans to revamp its noncore businesses as it faced a revised ...
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