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Several hundred “underperforming” 7-Eleven locations across North America are closing, the convenience store announced. Seven & I Holdings, the chain’s Japan-based parent company, revealed ...
Why Is 7-Eleven Closing Stores Now? 7-Eleven — like many restaurant chains — is also feeling the pinch from inflation, with sales slipping and store traffic dipping 7.3% in August 2024. In ...
The company says changes in consumer spending are driving the closures.
Going into 2024, Rite Aid announced that it would close an additional 77 locations. [252] 53 more stores were added to the closing list in April 2024. [253] Additional closures continued, nearly fully eradicating the pharmacy's presence in Michigan and Ohio. [254] In September 2024, Rite Aid emerged from bankruptcy as a privately-owned company ...
The Pittsburgh market alone—where 7-Eleven is the market leader by store count but third behind Sheetz and GetGo in revenue—7-Eleven currently offers fuel from Exxon, Gulf, Marathon (both legacy 7-Eleven locations and Speedway), BP, and Sunoco (the latter two being from 7-Eleven's acquisitions of their company-owned-and-operated locations ...
At its peak, the store had locations in both New York City and Los Angeles. In addition, the firm invented the big box concept where all non-clothing lines were leased by other retailers. [citation needed] Rogers Peet – New York City based men's clothing retailer established in late 1874. Among the chain's innovations: Rogers Peet showed ...
7-Eleven, the iconic convenience-store brand, plans to close more than 400 "underperforming" locations across North America, its Japanese-based parent disclosed on Thursday.
A specific list of stores slated for closure wasn’t released. 7-Eleven has 13,000 locations across the U.S. and Canada, meaning the closures would only impact 3% of the company’s portfolio ...