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7‑Eleven to Close 645 North American Stores in FY2026 as It Refocuses on Food

The parent company is slimming the footprint to cut costs before a delayed U.S. listing.

Overview

  • Seven & i Holdings disclosed it will shut or convert 645 7‑Eleven sites in its 2026 fiscal year, while opening about 205 new locations focused on a larger format.
  • Some closures reflect conversions to wholesale fuel stores, where the shop closes but fuel sales continue, a model that already counts more than 900 sites in North America.
  • Company projections point to roughly 12,272 convenience stores across the U.S. and Canada by March 2027, down from more than 13,000 in 2024.
  • The chain is prioritizing bigger, food‑forward stores that executives say generate about 18% higher average daily sales than the system average.
  • The restructuring comes as the planned U.S. IPO slips to 2027 at the earliest and the company withholds a site list, leaving communities unsure which locations will close or convert.