dailyloe.com – 7-Eleven is planning to close hundreds of stores across North America this year. Parent company Seven & i Holdings announced the closures in a recent filing. The convenience store giant is trimming its footprint following recent declines in the region. The 2026 fiscal year for the company began in March.
Seven & i Holdings said 645 7-Eleven locations are slated to close. The closures include some stores that will be converted into wholesale fuel sites. They will not remain traditional convenience locations. The company is still pursuing selective expansion despite this pullback.
Seven & i expects to open about 205 new 7-Eleven stores during the same period. This will partially offset the closures. The net effect is a smaller overall footprint for the brand. Company projections show the number of 7-Eleven stores in North America declining.
The total is expected to fall to about 12,272 locations by the end of the fiscal year. This is down from more than 13,000 stores in 2024. The company’s North American business has faced softer performance recently. This includes declines in customer traffic, according to company data.
The planned closures come as Seven & i looks to streamline operations. The company aims to optimize its store portfolio. Seven & i did not disclose which specific locations will be affected. The moves reflect a broader push to focus on core convenience store operations.
This strategy balances closures with targeted expansion. The company is closing underperforming stores across North America. It is part of an effort to revamp its US operations with a focus on food. The plan includes offering Japanese-inspired meals and other upgrades.[]
Source: Fox Business
