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7-Eleven closing nearly 450 underperforming stores

According to the company, approximately 450 7-Eleven stores across North America will close due to poor business performance. 7-Eleven's Japan-based parent company, Seven & i Holdings, said in its earnings call Thursday that 444 7-Eleven stores will close due to declining sales, especially cigarette sales, declining customer traffic and inflation. Announced. The list of stores […]

7-Eleven shutting down nearly 450 stores across North America for underperforming

See what's being clicked on FoxBusiness.com. According to the company, approximately 450 7-Eleven stores across North America will close due to poor business performance. 7-Eleven's Japan-based parent company, Seven & i Holdings, said in its earnings call Thursday that 444 7-Eleven stores will close due to declining sales, especially cigarette sales, declining customer traffic and […]

LAPD: Parents turn in their kids for flash mob robberies at 7-Eleven stores

The parents of unruly teens have turned themselves in to police in connection with an alleged flash mob robbery of multiple convenience stores in the Los Angeles area, according to the Los Angeles Police Department. At least three parents have reportedly turned their children in to the police. The Los Angeles Times reported. The series […]

7-Eleven parent rejects acquisition proposal from Canada-based convenience store giant

See what's clicking on FoxBusiness.com. Seven & i on Friday rejected a preliminary offer made last month by Alimentación Couche-Tard to acquire the Japanese parent company of convenience store chain 7-Eleven. The decision came “unanimously” from Seven & i's board of directors, based on the unanimous recommendation of a special committee the company set up […]

7-Eleven parent company facing possible acquisition

See what’s clicking on FoxBusiness.com Alimentation Couche-Tard is considering buying another major convenience store company, Seven & I, which owns the popular 7-Eleven convenience store chain. The Canadian company, whose brands include Couche-Tard, Circle K and Ingo, “recently sent a” friendly but non-binding proposal” to Japan-based Seven & i, Couche-Tard said in a press release […]