It has been revealed that retail giant 7-Eleven is closing 444 stores across three countries.
Convenience store chain 7-Eleven plans to close hundreds of stores across multiple markets in an effort to streamline operations, its parent company has revealed.In total, 444 locations across the United States, Canada, and Mexico will close. The news was revealed on Thursday in an earnings presentation by Tokyo-based company Seven & i Holdings, as reported by Restaurant Business Online.
Founded in 1927, and based in Irving, Texas, 7-Eleven has grown into a global brand, operating over 13,000 stores in North America alone. Its name reflects its opening hours of 7:00 a.m. to 11:00 p.m., seven days per week.However, like many brick-and-mortar retailers, the company has faced challenges in recent years, from increased competition to shifts in consumer preferences toward digital convenience and delivery services.
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