7-Eleven Plans to Close 645 Convenience Stores in Fiscal 2026
7-Eleven plans to close 645 convenience stores in North America during fiscal 2026, marking the fifth consecutive year of closing more stores than it opens. The company will also convert some locations to wholesale fuel stores, a new strategy not previously disclosed. This move is part of its ongoing efforts to streamline operations ahead of a potential 2027 IPO.
Tickers: $ARKO
Topics: 7-Eleven convenience stores corporate restructuring store closures wholesale fuel