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7-Eleven closing nearly 450 underperforming stores
Eleven’s Japan-based parent company, announced in an earnings report Thursday that 444 7-Eleven stores are closing because of a dip in sales, particularly cigarette
7-Eleven to close over 400 ‘underperforming’ locations in North America
The company cited slow sales, declining traffic, inflationary pressures, and a decrease in cigarette purchases among the reasons why some stores are closing.
7-Eleven to close more than 400 locations. Here's what to know.
Convenience-store chain 7-Eleven is closing hundreds of "underperforming" stores in North America, its Japanese-owner said.
More than 400 7-Eleven stores are closing down across North America: report
A total of 444 7-Eleven stores are being shut down across North America due to underperforming, the company announced. 7-Eleven’s Japan-based parent company, Seven & I Holdings, announced in an earnings report on Thursday that a decrease in sales, inflation and smaller traffic have impacted this decision.
More than 400 7-Eleven US stores to close by end of the year
The 444 stores to close are among 13,000 stores the convenience chain has in the U.S. and Canada. A list of stores to close was not released by the company, which announced the plan to shutter the stores during its most recent earnings call late last week. The closures are expected to happen in the fourth quarter of this year.
7-Eleven will close more than 400 stores as the list of struggling retailers grows
The move comes as the convenience store’s parent company tries to stave off a takeover bid from the owner of competing chain Circle K. 7-Eleven is closing 444 of its “underperforming” convenience-store locations across North America,
7-Eleven to close over 400 stores in North America
The ubiquitous convenience store owed its recent revenue drops to inflation, declining cigarette sales and a shift in palates toward fresh food and specialty drinks.
7-Eleven is closing more than 400 stores nationwide. Here's what we know
Here's what is known about the company's plans. How many stores will 7-Eleven be closing nationwide? USA Today reported that the chain will close 444 stores throughout the United
7-Eleven To Close Hundreds Of Stores
Convenience store chain 7-Eleven is closing hundreds of stores in North America.Parent company Seven & I Holdings that the 444 locations were “underperforming.” They make up about 3 percent of 7-Leven's total of around 13,
Columbus Dispatch
5h
7-Eleven closing hundreds of stores across the US, Canada. Is Ohio affected? What to know
Based in
Japan
, Seven & i Holdings has stores in 20 countries and regions around the world, according to a statement from ...
The New York Times
5d
Why 7-Eleven Is a National Treasure in Japan
Convenience stores are a part of
Japan
’s culture, meaning that the foreign buyout offer from Canadian Owner of Circle K for
7-Eleven
, the largest chain, could be a hard sell there. Seven & i ...
3d
on MSN
7-Eleven is closing more than 400 locations
Several hundred “underperforming” 7-Eleven locations across North America are closing, the convenience store announced.
2d
7-Eleven to close more than 400 ‘underperforming’ stores. Here’s what we know.
The convenience retailer, which has 8 locations on Staten Island, has been hit hard by declining cigarette sales.
1d
on MSN
7-Eleven to close more than 400 underperforming stores
Japan-based Seven & i Holdings, the parent company of the convenience store chain, said in an Oct. 10 earnings report that ...
AFP on MSN
5d
Your 'local everything': what 7-Eleven buyout battle means for Japan
In Japan more is at stake than money in the mammoth takeover battle for 7-Eleven, the world's biggest convenience chain, by ...
4d
Japan's Seven & i, facing a $47 billion Couche-Tard bid, to separate some assets
Seven & i Holdings announced on Thursday a roadmap to hive off underperforming businesses and focus on its convenience store ...
Daily Caller on MSN
2d
7-Eleven To Shut Down 450 Locations
Eleven is set to shut down nearly 450 underperforming stores across North America, the company announced Thursday. A decline ...
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