7-Eleven to Close 645 US Stores in 2026 Fiscal Year
7-Eleven's parent company, Seven & i Holdings Inc., announced plans to close 645 stores in North America during the 2026 fiscal year, marking the fifth consecutive year of store closures. The decision comes amid softening consumer spending, particularly among low-income households, due to ongoing inflation. The company also plans to open 205 new stores as part of a shift toward a 'food-focused convenience store' model.
Topics: 7-Eleven convenience stores North America retail strategy store closures