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More than 400 7-Eleven US stores to close by end of the year

Posted on 10/18/24 at 11:16 am
Posted by RLDSC FAN
Rancho Cucamonga, CA
Member since Nov 2008
55835 posts
Posted on 10/18/24 at 11:16 am
quote:

7-Eleven will be closing more than 400 underperforming stores in the U.S., its parent company said.

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.

The company said traffic and sales were challenged "as consumers pull back due to inflationary pressure" and also said industry-wide that consumer cigarette sales continue to decline.

The company announced key actions including saying it would grow its proprietary products, including fresh food and its proprietary beverages, accelerate digital and delivery, including continued growth in its loyalty program and grow and enhance its store network.



LINK
Posted by Tchefuncte Tiger
Bat'n Rudge
Member since Oct 2004
60612 posts
Posted on 10/18/24 at 11:18 am to
Posted by Ghost of Colby
Alberta, overlooking B.C.
Member since Jan 2009
13620 posts
Posted on 10/18/24 at 11:24 am to
If a 7-Eleven or Circle K is within walking distance of a run down apartment complex or Section 8 housing, then it becomes a magnet for degenerates, vagrants, and shoplifting.
Posted by DawgCountry
Great State of GA
Member since Sep 2012
31514 posts
Posted on 10/18/24 at 11:29 am to
3 bans, 10 PMs
Posted by deeprig9
Unincorporated Ozora
Member since Sep 2012
70266 posts
Posted on 10/18/24 at 11:30 am to
quote:


If a 7-Eleven or Circle K is within walking distance of a run down apartment complex or Section 8 housing, then it becomes a magnet for degenerates, vagrants, and shoplifting.


But they make bank on lotto and slots.
Posted by FlyinTiger93
Member since May 2010
3722 posts
Posted on 10/18/24 at 11:31 am to
They are building one in every community in Houston.
Posted by dukke v
PLUTO
Member since Jul 2006
213341 posts
Posted on 10/18/24 at 11:34 am to
This is very true.
Posted by Hellp
Member since May 2023
101 posts
Posted on 10/18/24 at 11:35 am to
America is over saturated with chain business and restaurants that our economy cannot keep pace with. Damn, the average person can’t afford to spend money each day in the sea of store and restaurant glut we have on every corner.
Posted by WaterSplashesBack
Member since Sep 2024
809 posts
Posted on 10/18/24 at 11:36 am to
I cant remember the last time I was in a c store.
Posted by slacker130
Your mom
Member since Jul 2010
8629 posts
Posted on 10/18/24 at 11:45 am to
quote:

I cant remember the last time I was in a c store.





Might be time for a supplement.
This post was edited on 10/18/24 at 11:48 am
Posted by Klark Kent
Houston via BR
Member since Jan 2008
69611 posts
Posted on 10/18/24 at 11:48 am to
signs a healthy economy.
Posted by TheFonz
Somewhere in Louisiana
Member since Jul 2016
21930 posts
Posted on 10/18/24 at 11:51 am to
The last 7-Eleven I’ve seen was in Bankstown, New South Wales 21 years ago. I thought they closed up shop years ago.
Posted by WaterSplashesBack
Member since Sep 2024
809 posts
Posted on 10/18/24 at 12:10 pm to
What an arse raping you would get buying that at a c store
Posted by SteelerBravesDawg
Member since Sep 2020
43337 posts
Posted on 10/18/24 at 12:19 pm to
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
281843 posts
Posted on 10/18/24 at 12:21 pm to
quote:

The last 7-Eleven I’ve seen was in Bankstown, New South Wales 21 years ago. I thought they closed up shop years ago.


I went to one in Pasadena Ca when I was there for the football game. Owned by a indian who ran the business, most everything was locked or behind glass.

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