Today's Video Headlines: 10/11/24
Seven & I Holdings, 7-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 sales, as well as decreased traffic and inflation. 7-Eleven has 13,000 stores across the US and Canada, which means the closures would only impact 3% of the company’s portfolio.
Seven & I Holdings strives to be “a world-class retail group centered around its food that leads retail innovation through global growth strategies centered on the 7-Eleven business and proactive utilization of technology,” the company said.
7-Eleven Cigarettes Store Closings
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