Summary
7-Eleven plans to close 645 stores across North America by early 2027 as part of a restructuring plan. Some locations will become "wholesale fuel stores" instead of closing completely. The company aims to focus more on newer stores with expanded food options.
Key Facts
- 7-Eleven is closing 645 stores in North America during its 2026 fiscal year (March 2026 - February 2027).
- Some stores will convert to "wholesale fuel stores," selling fuel without a full convenience store.
- The closures are part of a "portfolio optimization" to remove underperforming stores.
- Over 600 stores closed in 2024 and 2025, continuing the trend.
- Older, smaller stores that can't support expanded food offerings are targeted for closure.
- 7-Eleven plans to open over 200 new, food-focused locations in the same fiscal year.
- This strategy aligns with market trends favoring food-centric convenience stores.
- Seven & i Holdings is preparing for a potential public offering of its North American business, expected no earlier than 2027.
