7-Eleven Is Closing Over 400 Stores (Is Yours One?)

You might enjoy picking up a Slurpee at 7-Eleven on your way home from work or when you stop for gas.

However, getting your sweet treat fix could become more challenging as the retailer has announced plans to close locations across the country.

Here’s everything we know about which 7-Eleven stores may be disappearing and whether your favorite location is at risk of shutting down to help you stretch your snack budget.

7-Eleven announced in October that it planned to close 444 locations due to financial struggles at the company.

The news came as part of the organization’s earnings report that covered 7-Eleven’s financials for the six-month period from March to August of this year.

7-Eleven hasn’t published a list of the more than 400 locations that are slated to be shut down so it may take some time before your local store closes down for good.

7-Eleven hasn’t announced when the closures will take place so you may just have to keep an eye out for signs at your local favorites to see if they have announced specific dates.

Some reports, however, have suggested that store closings could occur before the end of the year as the company determines where to make cuts.

7-Eleven cited several issues for its financial struggles as it tries to cut back on locations and spending to keep going.

The company said it’s seen sustained declines in foot traffic and revenue, hurting its bottom line.

One specific problem it cited was a decline in nicotine sales in recent years, which had been a lucrative category to bring customers into the stores to spend money.

The good news is that plenty of 7-Eleven locations are expected to remain open despite the store cuts.

The company has over 13,000 locations across the United States, Canada, and Mexico. You may be able to simply change where you buy your Slurpees to another 7-Eleven nearby rather than saying goodbye to it for good.

7-Eleven could be bailed out by another retailer, but it may not be a welcomed fix.

Alimentation Couche-Tard, the Canadian company that owns Circle K convenience stores, has offered a takeover bid to buy the shares of 7-Eleven’s parent company, Seven & I. Seven & I's Japanese-based owner is said to still be considering the proposal.

Another issue that 7-Eleven is facing is growing competition from other convenience store retailers who are expanding, particularly in regional areas.

Convenience store chains like Wawa and Buc-ee’s have announced new locations and had store openings in recent months.

Some of these expanding convenience store chains offer more services than a typical 7-Eleven, potentially making them more appealing to road trippers who need to fill up their tank and get something to eat.

7-Eleven plans to expand its food offerings to compete with other stores like Wawa, Sheetz, and more.

The company said it plans to add more fresh food and specialty beverage options to attract more customers with high-quality food that’s still affordable.

7-Eleven might be a favorite spot for you to stop, but you might have to adjust your plans if your local store goes under.

In the meantime, you can save money on essentials at 7-Eleven by using the 7Rewards mobile app that can help you earn perks by being a frequent shopper at your local 7-Eleven.