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 to close more than 400 of its convenience stores. Here's what to know.
Convenience-store chain 7-Eleven is closing hundreds of "underperforming" stores in North America, its Japanese-owner said.
7-Eleven closing nearly 450 underperforming stores
Eleven’s Japan-based parent company, announced in an earnings report Thursday that 444 7-Eleven stores are closing because of a dip in sales, particularly cigarette
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.
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 reasons why some stores are closing.
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,
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,
7-Eleven is closing more than 400 locations
Several hundred “underperforming” 7-Eleven locations across North America are closing, the convenience store announced.
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Irving-based 7-Eleven to close more than 400 underperforming stores
The parent company of Irving-based 7-Eleven revealed this week plans to close more than 400 locations in North America.
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7-Eleven to close more than 400 locations
The convenience store chain’s parent company, Seven & I Holdings, blames slowing sales, declining traffic, and growing ...
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.
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