"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 financial documents showing that 7-Eleven Inc. has steadily opened new wholesale fuel stores in North America."
"The latest cuts arrive as higher prices strain consumers worldwide, particularly due to the U.S. and Israel's war against Iran, which has rattled energy markets."
"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."
7-Eleven intends to 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 more than 13,000 in the U.S. and Canada. The closures are attributed to underperformance and economic pressures, including inflation and rising gas prices affecting consumer spending.
Read at ABC7 Los Angeles
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