7-Eleven is closing more than 400 locations
7-Eleven’s Major Shake-Up: Closing 444 Stores Across North America
So, 7-Eleven is shutting down over 400 underperforming spots because sales are lagging and traffic is tanking. With inflation and rising food prices hitting hard, customers aren’t stopping by as often. Talk about a major convenience store glow-down!
Why Are People Skipping the Slurpees? Declining Cigarette Sales Are a Big Factor
Cigarette sales have plummeted by a whopping 26% since 2019. As more peeps ditch smokes for alternatives like Zyn, 7-Eleven is feeling the pinch. It’s clear that what we want in convenience stores is changing—goodbye old staples!
The Impact of Inflation: How Rising Costs Are Shaping Our Shopping Habits
A report highlights that folks are shopping more cautiously these days due to inflation and high interest rates. Traffic dropped 7.3% in August alone, proving that the struggle is real for middle and low-income earners trying to stretch their dollars.
Competition Alert: Wawa and Sheetz Are Winning Hearts Over 7-Eleven
Customers are vibing with competitors like Wawa and Sheetz, which are scoring higher in satisfaction thanks to better food options. 7-Eleven is trying to level up its game in food to keep pace, but it’s a tough crowd out there.
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