Several hundred 'underperforming' 7-Eleven locations across North America are closing, the convenience store announced.
Several hundred "underperforming" 7-Eleven locations across North America are closing, the convenience store announced.Several hundred "underperforming" 7-Eleven locations across North America are closing, the convenience store announced.
In its earnings release, Seven & I said that while the North American economy is "robust overall," it noticed a "more prudent approach to consumption" from middle- and low-income earners because of persistent inflation, high interest rates and a "deteriorating" employment environment. 7-Eleven told CNN in a statement that it "continuously reviews and optimizes its portfolio" and the closed stores are part of its growth strategy, adding that the chain continues to "open stores in areas where customers are looking for more convenience"
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