7Eleven to Open 600 New Stores by 2027

By  
Artur Stańczuk
November 3, 2024
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Summary:

7-Eleven will open 600+ New Standard stores in North America by 2027. This new format offers a broader food and beverage range and aims to strengthen the brand amid declining fuel profits and cigarette sales. The company also plans to close 444 underperforming locations to focus on profitable stores. Initial New Standard stores, which launched in Texas, have shown 11% returns on invested capital and outperformed previous store formats by 30% in sales. 7-Eleven is working to rebuild its financial base, with 115 stores to open by the end of 2024.

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