7-Eleven to Close Nearly 450 Stores in the U.S. and Canada, Will Shift Focus to ‘High Quality Foods’

Mar. 15, 2025

7-Eleven convenience store in Melbourne, Australia on March 23, 2017.Photo:getty

Melbourne, Australia: March 23, 2017: 7-Eleven convenience store in the Melbourne suburb of St Kilda. 7-Eleven is a Japanese-owned American international chain of convenience stores, headquartered in Irving, Texas, it has 64,319 stores in 18 countries as of January 2018

getty

7-Eleven will close hundreds of stores across the U.S. and Canada, according toTODAY.com,CNNandNewsweek.

7-Eleven President and CEO Joe DePinto announced during a Thursday, Oct. 10earnings callthat the company will shut down 444 “underperforming stores,” according to theSeeking AlphaOct. 11 transcript.

However, the exact locations were not released. The company has over 13,000 stores across North America, meaning only 3% of its stores will be closed, per CNN.

“Aligned with our long-term growth strategy, we continuously review and optimize our portfolio to deliver convenience where, when, and how customers need it,” a spokesperson for 7-Eleven told TODAY.com. “As part of this, we made the decision to optimize a number of non-core assets that do not fit into our growth strategy. At the same time, we continue to open stores in areas where customers are looking for more convenience.”

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A 7-Eleven convenience store in New York City on October 9, 2024.ANGELA WEISS/AFP via Getty

A 7-Eleven convenience store in New York City on October 9, 2024. The Japanese owner of 7-Eleven said on Wednesday it had received a “revised” takeover offer from Canadian rival Alimentation Couche-Tard after rejecting an initial bid worth around $40 billion. 7-Eleven is the world’s biggest convenience store chain and has more than 85,000 outlets worldwide, around a quarter of those in Japan.

ANGELA WEISS/AFP via Getty

“Food recently overtook cigarettes as the largest category at 7-Eleven Inc.,” DePinto revealed. As a result, the company is ready to pivot and will provide customers with “high-quality food and services.”

“Growing our proprietary products is an important part of our future. This platform offers our customers a wider assortment of hot food and specialty beverages,” DePinto said. The company intends to add bake-in-store items, self-serve roller grills, grab-and-go cases, espresso, cappuccino, iced coffee and lattes.

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A representative for 7-Eleven did not immediately respond to PEOPLE’s request for more information.

source: people.com

7-Eleven to Close Nearly 450 Stores in the U.S. and Canada, Will Shift Focus to ‘High Quality Foods’

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