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7-Eleven plans to close 645 convenience store locations across North America by fiscal year 2026 to pivot towards larger, food-focused retail experiences.
The closures are part of a broader restructuring aimed at modernizing the retail footprint and competing with rivals offering enhanced dining experiences.
The company is shifting away from traditional small-format convenience stores towards large-format, food-focused locations emphasizing fresh meals and beverages.
Industry data shows a trend towards higher-quality prepared foods and beverages driving growth in the convenience store sector.
By the end of the 2026 fiscal year, 7-Eleven's North American store base is expected to shrink to approximately 12,272 convenience outlets, with plans to open around 205 net new stores with a focus on the new "food-first" format.
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