7-Eleven Announces Closure of Over 400 Stores Across North America
In a significant move, 7-Eleven has confirmed the closure of more than 400 underperforming stores across North America, including locations in the U.S., Canada, and Mexico. The decision comes as part of a strategic pivot to address ongoing challenges faced by the retailer in a competitive market. The exact number of closures has been reported at 444, emphasizing the scale of the cutbacks as the list of struggling retailers continues to grow. Among the locations affected, the future of some stores, like a Brookside 7-Eleven, remains uncertain, with shelves reportedly unstocked. This marks a pivotal moment for the convenience store chain as it aims to rejuvenate its business model amid a retail landscape that demands adaptation.
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