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Stock impact report

7-Eleven announces store closures — 4 things to know [Yahoo! Finance]

SEVEN & I HLDGS UNSP/ADR (SVNDY) 
NASDAQ:AMEX Investor Relations: en.wikipedia.org/wiki/seven_(1995_film)
Company Research Source: Yahoo! Finance
7-Eleven plans to close more than 600 stores in 2026, outpacing its forecast 205 locations it plans to add this year. The iconic name is the face of more than 13,000 convenience stores located in North America, The Associated Press reports , the next closest chain only operates 7,000. Higher or lower gas prices? The U.S. conflict with Iran has certainly caused consumers to feel the pain while pumping the gas tank as prices have shot up to a national average of $4.118, almost a dollar more than last year, according to AAA . California has seen prices rise to $5.844, the most of any other state. But these closures may not have much impact on fuel prices. Many of 7-Eleven's stores are being reduced to wholesale fuel stores. Shutting down the convenience store portion and only supplying gas. These new wholesale fuel stores are not counted among 7-Eleven's store count, the parent company Seven & i, told AP. Convenience store transformation Gas stations are attempting to chan Show less Read more
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