7-Eleven to open over 600 stores under new design by 2027


7-Eleven to open over 600 stores under new design by 2027


The retailer’s newest format features “a larger product assortment and expanded food and beverage offerings,” CEO Joseph DePinto told investors on Thursday.

Dive Brief:

  • 7-Eleven is planning to open over 600 large-format, food-focused convenience stores in North America by the end of 2027, according to an investor presentation posted Thursday by parent company Seven & i Holdings.

  • These locations will showcase a new prototype the company internally calls its New Standard stores, according to the presentation. They are “more contemporary facilities” that offer “a larger product assortment and expanded food and beverage offerings” compared to the rest of its stores, CEO Joseph DePinto told investors on Thursday.

  • 7-Eleven is leaning into foodservice as a means to help improve its financial standing in North America — especially in the U.S. — where it has taken a significant financial blow this year amid economic headwinds....
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RSK: They are back with a new larger store format. If you have a good site available, I would give them a call.

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- - Volume: 24 - WEEK: 44 Date: 10/29/2024 1:37:35 PM -