Investment
Features
FeesSafety
Academy
More
Pluang+

7-Eleven to close 200 stores and convert 350 to fuel sites in 2026 amid declining traffic

Market News
16 Jul 2026
Fox Business
View Source
Bearish
pluang ai news

7-Eleven's parent company, Seven & i Holdings, plans to close 200 unprofitable stores and convert 350 convenience stores to wholesale fuel sites in fiscal year 2026. The company is also converting 390 stores to franchises and opening 205 new locations, aiming to streamline operations amid declining customer traffic. These changes will reduce the total number of U.S. 7-Eleven stores from 12,712 to 12,272 by the end of the year. Remodeling of 200 stores is set to begin in the second half of the fiscal year as part of the restructuring efforts.

More News

Top chip ETF averages 14% annual return since 2001, surging 118% in past year

Top chip ETF averages 14% annual return since 2001, surging 118% in past year

A leading semiconductor exchange-traded fund (ETF) has delivered an impressive average annual return of 14% since 2001. Over the last twelve months alone, the ETF surged by 118%, highlighting strong growth in the chip sector. This performance undersc...

Market News
Bullish
1 hour ago
Global money supply hits record $103T as Bitcoin rallies 21%, hinting at a possible catch-up surge.

Global money supply hits record $103T as Bitcoin rallies 21%, hinting at a possible catch-up surge.

Global money supply (M2) has reached a record $103 trillion, with the U.S. alone hitting $23.16 trillion. Bitcoin's price surged 21% in August, rising from around $63,000 to above $78,000, though still below its 2025 peak of $126,000. This gap sugges...

Market News
Bullish
4 hours ago
BNB price nears $707 after 13% gain, facing resistance at $712-$725 amid bullish momentum.

BNB price nears $707 after 13% gain, facing resistance at $712-$725 amid bullish momentum.

BNB price rose from $626.47 on August 20 to about $707 on August 26, gaining nearly 13%. The price remains above key moving averages, indicating a bullish trend, but faces resistance between $712 and $725. Analysts say a close above $725 could extend...

Technical Signals
Bullish
4 hours ago
Elanco completes $120M expansion to quadruple monoclonal antibody production at Elwood site

Elanco completes $120M expansion to quadruple monoclonal antibody production at Elwood site

Elanco Animal Health has finished a $120 million expansion of its Elwood, Kansas manufacturing site, increasing monoclonal antibody production capacity by over four times. This expansion supports the production of innovative animal health treatments ...

Company Fundamentals
Bullish
4 hours ago
BuildDirect Q2 2026 revenue rises 16.6%, boosted by Tile Outlets acquisition and Pro Center growth

BuildDirect Q2 2026 revenue rises 16.6%, boosted by Tile Outlets acquisition and Pro Center growth

BuildDirect reported a 16.6% revenue increase to $19.7 million in Q2 2026, driven by strong growth in its Pro Center segment, which accounted for 77% of revenue, and the acquisition of Tile Outlets of America expanding its Florida presence. Gross pro...

Company Fundamentals
Bullish
4 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App