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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 ...
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.
The deal closed on May 14, 2021. 7-Eleven was ordered by U.S. antitrust regulators to divest 293 stores across 20 states. 124 stores were sold to Anabi Oil, 106 stores were sold to Cross-America Partners LP and 63 stores were sold to Jacksons Food Stores.
7-Eleven has announced it will close hundreds of stores across the U.S. and Canada, citing rising costs and shifts in consumer habits. In an Oct. 11 call, 7-Eleven President and CEO Joe DePinto ...
On June 25, 2021, the Federal Trade Commission, Marathon, and 7-Eleven agreed on the divestitures of 291 Speedway and two 7-Eleven stores to three companies: Anabi Oil (doing business as Rebel Convenience Stores), CrossAmerica Partners, and Jacksons Food Stores. As part of the agreement, Marathon and 7-Eleven must seek FTC approval to reacquire ...
On March 11, 2020, the company filed for bankruptcy, and announced it would close all 115 stores. At the time of the announcement, Modell's was the world's oldest sporting goods chain Olympia Sports – the company was founded in 1975, and on July 22, 2022, the company filed for bankruptcy and announced it would close all 35 stores by September ...
Convenience store giant 7-Eleven is closing more than 400 location in North America. Will any in Ohio be affected? Here's what to know.