world
7-Eleven to Close 700 North American Stores by 2025 While Shifting to Larger Food-Focused Formats
7-Eleven has shuttered a combined 700 locations across North America through 2024 and 2025. The company announced the closure of 444 underperforming stores in 2024, representing 3 percent of its North American base. 7-Eleven is shifting to larger stores emphasizing fresh food and a hybrid model blending convenience, grocery, and fast-food elements.
Apr 13, 7:54 PM·1m read1 source
Substrate placeholder — needs reviewAudio version
Tap play to generate a narrated version.
# 7-Eleven Store Closures and Strategic Shift 7-Eleven will close more than 600 stores across North America in 2024. The company has shuttered a combined 700 locations through 2024 and 2025. In 2024, 7-Eleven announced it would shutter 444 underperforming stores in North America.
The 444 underperforming stores represent about 3 percent of 7-Eleven's North American base. Of those, 227 locations officially closed by the end of 2024. The rest of the 444 announced locations were phased out through 2025.
7-Eleven has closed more stores than it has opened over the last two years. The company cited weaker foot traffic and shifting consumer behaviors influenced by economic headwinds as reasons for closures.
The company is betting on larger stores that focus on fresh food and a wider variety of drinks. 7-Eleven is swapping out older shops for new, food-focused designs. 7-Eleven is moving toward a hybrid model that blends a traditional convenience store with a grocery store and a fast-food restaurant.
Some 7-Eleven locations will be turned into wholesale fuel stores. Wholesale fuel stores are kept separate from 7-Eleven's official retail store count. Sales of prepared foods jumped 12 percent across the convenience store sector in a single year.
NIQ’s 2024 State of Convenience report covers more than 150,000 stores across the country.
Seven & i Holdings plans an initial public offering in 2027.
7-Eleven did not immediately respond to a request for comment from The Independent. The Independent reported on these store closures and strategic shifts based on company announcements and industry reports.
