7-Eleven sees revenue declines as store closures continue

Core Insights - 7-Eleven is implementing a "transformation" strategy to enhance its business in North America by focusing on larger, food-centric stores and fresh food offerings [4][5] - The company has closed 445 underperforming stores between August 2024 and 2025, with a net reduction of 125 stores this summer [3][7] - Early indicators suggest the strategy is effective, with new locations generating 45% higher sales per store compared to traditional locations [5] Financial Performance - Revenue from operations in North America decreased by 18% in Q2 2025 compared to Q2 2024, dropping from approximately 2.4 trillion yen ($15.8 billion) to about 1.9 trillion yen ($13 billion) [7] - Despite the revenue decline, operating income remained steady, increasing by about $13 million year-over-year [5][7] Store Development - The new standard stores, launched in October 2024, are 5,000 square feet and include quick-service restaurants (QSRs) and fresh grab-and-go food options [6]