7-Eleven Plans to Close 645 C-Stores in North America

7-Eleven expects to close 645 convenience stores in North America during its current fiscal year, which runs from March 1 to Feb. 28, 2027. Those plans were revealed by the chain’s parent Seven & i Holdings (Tokyo) in a fourth-quarter earnings document last week, C-Store Dive reports.

While 7-Eleven also said it expects to open more than 200 North American locations in the same period, this will be the fifth year in a row that the company has closed more stores than it opened, C-Store Dive noted.

The moves come as 7-Eleven prepares for a 2027 IPO, in part by closing underperforming locations and opening new ones under a large format, food-focused design. However, 7-Eleven now appears to be adding another layer to those adjustments by converting some company-owned sites to its wholesale segment — a strategy that wasn’t mentioned in any of its earnings in recent years, C-Store Dive noted.

7-Eleven did not respond to the news source’s inquiries for more information about the conversion program, including how many stores it’s converting to wholesale versus closing entirely.