7-Eleven closing 645 stores in North America. See Texas impact

The firm’s mother or father, Tokyo-based Seven & i Holdings, stated it expects to shutter 645 stores throughout its 2026 fiscal 12 months, which runs from March via February. The closures will primarily goal underperforming places and a few stores can be transformed into fuel-only websites somewhat than full comfort stores.

It has not launched an inventory of slated for closure and it stays unclear what number of stores in Austin — and Texas — might be affected. The firm operates about three dozen 7-Eleven stores in the town amongst about 1,450 throughout the state.

It plans to open about 205 new stores in North America in the present fiscal 12 months however an growth blitz is brewing in 2027, with greater than 500 new stores deliberate. The total retailer depend is predicted to fall to roughly 12,000 places from the almost 13,000 it is operated in latest years.

New stores will provide a “food-forward” mannequin, that means extra ready meals and beverage choices and an upgraded retailer expertise.

The firm stated it envisions the brand new mannequin competing with different fast-casual eating places and grocery stores and places which have already upgraded are already seeing success.

“These food-forward stores are resonating with our customers and driving (average sales per store day) about 18% higher than our system average,” 7-Eleven president Stan Reynolds stated through the firm’s fourth quarter earnings name.