"7-Eleven's North American operator plans to close 645 stores in the 2026 fiscal year, outpacing the 205 locations it forecasts it will open during that same time."
"The closures include the conversion to wholesale fuel stores, with more than 900 locations established as of December 2025."
"Although the economy remained robust, personal consumption began to soften for the 2025 fiscal year, particularly among low-income households, as inflation continued to weigh on spending."
"Seven & i expects its revenue to fall 9.4 percent for the current fiscal year, totaling a projected nearly 9.45 billion."
7-Eleven will close 645 locations in North America during the 2026 fiscal year, significantly outpacing the 205 new openings planned. The closures include conversions to wholesale fuel stores, with over 900 such locations already established. The company has a total of over 86,000 stores globally, with 13,000 in the U.S. and Canada. Economic pressures, including inflation and rising gas prices, have impacted consumer spending, particularly among low-income households. Seven & i Holdings anticipates a 9.4% revenue decline for the current fiscal year.
Read at www.cbc.ca
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