7-Eleven plans to close more than 400 U.S. stores by the end of 2024. The parent company of the convenience store chain, Seven & i Holdings, said that the 444 stores marked for closure out of the 13,000 locations in the U.S. and Canada were “underperforming.”

Eleven announced 400 stores across the U.S. and Canada, citing rising costs and shifts in consumer habits as part of the reason.

Convenience-store chain 7-Eleven is closing hundreds of "underperforming" stores in North America, its Japanese-owner said.

It looks like a tough bump in the road for 7-Eleven. Seven & i Holdings, the parent company of the convenience store chain, announced this week that it would be closing more than 400 stores throughout the country, according to a report in USA Today.

Eleven has opted to close more than 400 of its chain convenience stores amid declining cigarette sales and customer traffic. Officials at Japan-based Seven & i Holdings, the chain’s parent company, made the announcement during an earnings call last week,

Last month, discount retailer, Big Lots announced that it had filed for Chapter 11 bankruptcy. The company plans to sell the business to Nexus Capital Management. The retailer is also in the midst of closing hundreds of stores.

Aligned with our long-term growth strategy, we continuously review and optimize our portfolio to deliver convenience where, when, and how customers need it," 7-Eleven told Deli