Retail Strategy

7-Eleven Closes Hundreds of North American Stores Amidst Consumer Outcry Over Prices and Quality

7-Eleven’s North American operator plans to close 645 stores in fiscal year 2026, significantly outpacing the 205 new locations it expects to open. These closures are intended to include conversions to wholesale fuel stores, a model that has seen considerable expansion in recent years. The company attributes these strategic shifts, in part, to softening personal consumption, particularly among lower-income households, due to persistent inflation and volatile energy markets. Despite these North American closures, Seven & i Holdings Co. anticipates growth in its international markets.

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Costco Thrives by Defying Trump’s DEI Directive

As corporate America largely scaled back Diversity, Equity, and Inclusion (DEI) programs under political pressure, Costco has notably maintained its commitments. Despite a shift by rivals like Target and Walmart, Costco’s leadership has publicly reaffirmed its DEI efforts, arguing they foster creativity and innovation. This stance has been overwhelmingly supported by shareholders, and early indications suggest that both investors and shoppers are rewarding this approach with continued business success.

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Advance Auto Parts Closing 700 Stores Amidst High Prices and Online Competition

Advance Auto Parts is closing more than 700 locations, a move that hardly comes as a surprise to many. The exorbitant pricing, often exceeding online competitors by a significant margin, has been a consistent complaint. Even with the potential convenience of immediate pickup, the added cost often makes online alternatives more appealing, especially when considering that many parts still require shipping even from Advance. Why pay double just to wait?

Advance Auto Parts is closing more than 700 locations, and the sheer number of auto parts stores already existing in many areas only exacerbates the issue. The market saturation seems excessive, particularly when considering the changing landscape of car maintenance.… Continue reading