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Stock impact report

7-Eleven Is Closing Hundreds of Stores, But That's Not the Only Change [Yahoo! Finance]

SEVEN & I HLDGS UNSP/ADR (SVNDY) 
NASDAQ:AMEX Investor Relations: en.wikipedia.org/wiki/seven_(1995_film)
Company Research Source: Yahoo! Finance
Finding a quick, convenient stop on your next road trip may be a little more difficult, as 7-Eleven announced it will be closing hundreds of stores and converting others to gas station-only locations across North America in the coming months. According to a fourth-quarter earnings report by Seven & i Holdings, the parent company of 7-Eleven, the company is set to close 645 convenience stores in North America over the fiscal year , which runs from March 1, 2026, to February 28, 2027. While it feels like a major hit, it's important to note that the company still operates 13,000 stores in North America, meaning the closure affects just a small percentage of its total stores. Furthermore, not all of the 645 locations will "close" entirely, as some will be refurbished into "wholesale fuel stores," a.k.a. those aforementioned gas stations. That means that some of the combo convenience store-gas stations may shutter their stores, making it tough to snag a bag of chips and a cheeky bit o Show less Read more
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