The Irving, Texas-based brand said inflation and decreased cigarette sales pose two challenges to sales at 7-Eleven convenience stores.
Over 400 underperforming 7-Eleven locations in North America will close, according to parent company Seven & i Holdings. The company announced during an earnings call last week that it would close 444 'underperforming' 7-Eleven locations, but did not provide a list of the stores shuttering. There are over 13,000 7-Eleven locations in the U.S. and Canada , according to the brand's website.
affidavit: Missing Realtor Suzanne Simpson’s husband Brad owns an illegal gun Company officials cited financial pressure on customers due to inflation and declining demand for cigarettes as two challenges to bringing in customers at its convenience stores. The brand said it will increase access to fresh food and restaurants at its stores in response to customers' increasing desire for quick and quality food options.
South Texas' first strong cold front arrives today. Here's how low temps will fall. The company also plans to improve its digital loyalty programs and develop its network of stores by acquiring more locations and building new ones. 7-Eleven, Inc. is based in Irving and also operates Speedway and Stripes conveniences stores.
Missing Realtor's mom: Daughter accused husband, Brad Simpson, of hitting her
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7-Eleven to close over 400 stores in North America amid lower salesConvenience store giant 7-Eleven announced that over 400 'underperforming' stores in North America, with the news being delivered by the company's CEO on an…
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7-Eleven to close over 400 stores in North America amid lower salesConvenience store giant 7-Eleven announced that over 400 'underperforming' stores in North America, with the news being delivered by the company's CEO on an…
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7-Eleven Closing More Than 400 Stores in the US and CanadaAlex Portée is a senior trending reporter at TODAY Digital and is based in Los Angeles.
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7-Eleven is closing more than 400 locationsSeveral hundred 'underperforming' 7-Eleven locations across North America are closing, the convenience store announced.
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7-Eleven is closing more than 400 locationsSeveral hundred “underperforming” 7-Eleven locations across North America are closing, the convenience store announced.
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7-Eleven To Close Over 400 Underperforming Stores In North America7-Eleven plans to close over 400 stores across North America due to slowing sales, less foot traffic and inflationary pressures. The company cited a shift in consumer spending patterns, with middle- and low-income earners adopting a more cautious approach to consumption.
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