HUGE Retailer Closing 440 Stores In Utah & Nevada!
Big news, folks—brace yourselves! The world’s largest convenience store chain (yes, even bigger than Walmart) has announced plans to close at least 444 locations across the United States, Mexico, and Canada. These closures are being chalked up to “underperforming” stores, and with over 84,000 locations worldwide, even a small percentage makes a big splash. Could your favorite late-night snack spot be on the chopping block?
Who’s Closing 400+ Stores?
Here’s the shocker: it’s none other than 7-Eleven. That’s right—home of the iconic Slurpee and the irresistible taquitos. With a jaw-dropping 84,000 stores worldwide, cutting 444 may seem minor (just 0.5% of the total), but it’s still enough to send Slurpee lovers into a mild panic.
Are Utah and Nevada Safe?
So far, no official list of closures has been released, but residents of Utah and Nevada may want to keep their fingers crossed. Nevada, especially Las Vegas, is a hotbed for 7-Eleven, with 166 locations in Sin City alone! Utah doesn’t have as many stores, but no one is entirely safe from this shake-up.
Why the Closures?
The parent company, Seven & I Holdings (based in Japan), says these closures are part of a strategy to “prune” underperforming locations. What’s behind the decline?
- Cigarette sales have plummeted by 26% since 2019, and tobacco used to be a top seller in convenience stores.
- Inflation is making things tougher across the board.
- Revenue growth has slowed, and not even the rise of nicotine pouches can bridge the gap.
What’s Next?
The company assures customers that this is just a light trimming to ensure long-term profitability. If your go-to 7-Eleven stays open, it may even get some upgrades. But for now, enjoy those midnight Big Gulps and taquitos while you can—just in case.
Will Utah and Nevada escape these closures? Only time will tell. Stay tuned, and maybe stock up on a few extra Slurpees while you’re at it!
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