
“7-Eleven Closes 444 Stores and Enters Sale-Leaseback Deal Amid Economic Challenges and Takeover Bid”
7-Eleven has announced the closure of 444 underperforming stores across North America as it faces declining foot traffic and inflationary pressures. The convenience store chain, which operates 13,000 locations in the U.S. and Canada, has seen traffic drop further by 7.3% this August, contributing to its financial struggles. The chain’s parent company, 7&i Holdings, cited … Read more