- 7-Eleven is reportedly closing over 600 stores across North America this year as part of a multi-year business restructuring.
- This follows the closure of 700 locations in 2024 and 2025, with parent company Seven & i Holdings aiming to improve finances before a planned 2027 initial public offering.
- The company is shifting its strategy from small, traditional shops to larger stores that prioritize fresh food and a wider variety of drinks, reflecting a broader industry trend.
- Some sites scheduled for closure will be converted into “wholesale fuel stores” rather than being shut down completely.
- Analysts suggest 7-Eleven is undergoing a complete overhaul, moving towards a hybrid model combining convenience, grocery, and fast-food, prioritizing store quality and design over sheer number of locations.
IN FULL
7-Eleven closing hundreds of locations amid company’s transition to new store format: reports
