US Edition7-Eleven to close hundreds of stores in North America
The company also plans 205 openings and says underperforming stores are being replaced with larger, food-focused formats.
- On Thursday, Seven & i Holdings announced in its earnings report that 7-Eleven will close 645 North American stores during fiscal 2026 while opening 205 new locations, resulting in a net reduction of roughly 440 stores.
- Cigarette sales, a longtime profit driver, have tumbled about 26% since 2019, prompting this fifth consecutive year of net store reductions as consumer spending softened amid inflation.
- Some closures involve conversion to wholesale fuel stores, which Seven & i excludes from its official retail count; the company operated more than 900 such locations as of December 2025.
- Seven & i Holdings delayed the planned initial public offering for 7-Eleven's North American business until 2027, giving management time to close weak sites and standardize new store formats before presenting cleaner financial metrics to investors.
- The chain aims to open 1,300 new-format North American stores by 2030, with 7-Eleven President Stan Reynolds stating the 'food-forward' locations drive average sales per store day about 18% higher than the system average, mirroring regional competitors like Wawa.
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A Beloved Convenience Store Is Closing Over 600 Locations This Year
Here's what we know.Credit: Allrecipes / Adobe / 7-Eleven / Buc-ee's / Wawa / Love's / QuikTrip / Sheetz / Casey's / RaceTracKey TakeawaysA popular convenience store chain plans to close 645 locations across North America.Some stores will transition to fuel-only operations, while others will shut down completely.Despite closures, the chain plans to open 205 new locations in the upcoming year.Closures have been sweeping the food industry as of la…
7-Eleven to close 645 stores this year as parent company preps for IPO
Japan-based Seven & i Holdings Co. Ltd. disclosed hundreds of store closures for Irving-based 7-Eleven in an April 9 filing. It's all part of an overhaul of 7-Eleven as it faces competition from other convenience store chains and prepares for an IPO. Read on to learn more.
The convenience store chain did not yet explain the reasons for the closure and did not mention in the statement which locations will no longer operate
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