7-Eleven plans to close more than 400 U.S. stores by the end of 2024. The parent company of the convenience store chain, Seven & i Holdings, said that the 444 stores marked for closure out of the 13,000 locations in the U.S. and Canada were “underperforming.”

Family Dollar plans to close at least 600 locations in 2024, and other retail chains are shutting down stores for a variety of reasons.

Convenience-store chain 7-Eleven is closing hundreds of "underperforming" stores in North America, its Japanese-owner said.

The move comes as the convenience store’s parent company tries to stave off a takeover bid from the owner of competing chain Circle K. 7-Eleven is closing 444 of its “underperforming” convenience-store locations across North America,

The ubiquitous convenience store owed its recent revenue drops to inflation, declining cigarette sales and a shift in palates toward fresh food and specialty drinks.

Convenience-store chain 7-Eleven is closing hundreds of "underperforming" stores in North America, its Japanese-owner said.

The convenience retailer, which has 8 locations on Staten Island, has been hit hard by declining cigarette sales.

Eleven is set to shut down nearly 450 underperforming stores across North America, the company announced Thursday. A decline in revenue, particularly cigarette sales, contributed to the convenience store chain’s closing of 444 locations,