Layoff size
Up to 645 store closures across North America (net -440 after 205 openings)
Last updated:
Parent company Seven and i Holdings has disclosed plans to close 645 North American 7-Eleven locations during its fiscal year 2026 (March 1, 2026 to February 28, 2027), representing a net reduction of roughly 440 stores after planned openings. Canadian locations may be among those affected, though specific sites have not yet been named. This guide covers what is publicly known, what remains unclear, and the practical steps you may want to consider if your store is closing or your role is at risk.
Updated as new information becomes available
Layoff size
Up to 645 store closures across North America (net -440 after 205 openings)
Announced
March 1, 2026 - February 28, 2027 (fiscal year 2026)
Affected groups
Store-level employees across U.S., Canada, and Mexico; specific locations not yet disclosed
Reason cited
Portfolio optimization and cost reduction ahead of a delayed North American IPO
April 15, 2026
Multiple outlets reported on Seven and i Holdings' fourth-quarter earnings documents disclosing plans to close 645 convenience stores across North America in fiscal 2026. The filing noted some closures involve conversion to wholesale fuel sites. No specific locations were named.
Source: C-Store Dive, CBS News, CBC News, Fox Business
April 9, 2026
Seven and i Holdings confirmed it is postponing the planned IPO of its North American business from fiscal 2026 to fiscal 2027 at the earliest, citing market uncertainty and an incomplete turnaround. The store closure plan is seen as part of efforts to improve margins before the listing.
Source: C-Store Dive, CSP Daily News, Axios
Early April 2026
The parent company reported that annual revenues fell and provided a weaker-than-expected outlook for fiscal 2026. Same-store sales at 7-Eleven declined 0.4% in fiscal 2025, and the company flagged softer consumer spending, especially among lower-income shoppers, as a persistent headwind.
Source: Restaurant Business, Benzinga, C-Store Dive
2024-2025
This closure wave is part of a multi-year trend. 7-Eleven closed roughly 444 stores across the U.S. and Canada in 2024, and fiscal 2026 will mark the fifth consecutive year the company has closed more stores than it has opened. The pattern reflects a deliberate shift toward fewer, larger, food-focused locations.
Source: The Street, C-Store Dive
As of April 16, 2026, Seven and i Holdings has not disclosed which specific stores will close. Employees have not yet received official store-level notice from the company, and Canadian-specific impacts remain publicly unconfirmed.
Based on publicly available information, 7-Eleven's parent company appears to be in the midst of a significant multi-year portfolio reset, and the 645-store closure plan for fiscal 2026 is likely to affect store-level employees across North America. If you work at a 7-Eleven location in Canada or the United States, your situation may or may not be directly impacted - no specific sites have been named at this time. This guide is intended to help you understand what is known, what your general rights may look like depending on your province or state, and what steps are often worth taking early in a layoff or store closure situation. Nothing here constitutes legal advice, and outcomes will vary significantly depending on your tenure, location, employment status, and individual circumstances.
Yotru AI
Layoff guidance summary
Finding out your store may close is unsettling, and it is reasonable to feel anxious before official confirmation. Before taking any other action, take a breath and focus on gathering key information - acting from a stable, informed position will generally serve you better than reacting immediately. The steps below are often practical starting points in the early days after a potential layoff becomes known.
The 645-closure figure covers the full North American footprint including the U.S., Canada, and Mexico, and some of those closures involve conversion to wholesale fuel stores rather than full shutdowns. Canadian-specific numbers have not been disclosed, and your individual store's status may not be known for some weeks or months into fiscal 2026.
A clear read on the situation helps you plan next steps with less guesswork.
Seven and i Holdings, the Japan-based parent company of 7-Eleven, disclosed in its fiscal year 2025 fourth-quarter earnings documents that it plans to close 645 convenience store locations in North America during fiscal 2026, which runs from March 1, 2026 to February 28, 2027. The filing noted that some closures involve conversion to wholesale fuel sites, which the company does not include in its retail store count. At the same time, the company plans to open approximately 205 new, larger-format, food-focused locations during the same period, resulting in a net reduction of roughly 440 stores. The closures appear closely linked to the company's effort to improve margins and reduce costs ahead of a planned North American IPO, which was also announced as delayed to fiscal 2027 at the earliest due to market uncertainty.
Store-level employees across 7-Eleven's North American network - including those in Canada - may be affected, though no specific locations have been identified in public filings. The closures are described as targeting underperforming stores, which suggests front-line convenience store workers are the most directly exposed group. The company has not publicly differentiated between full-time, part-time, or franchised store staff in its disclosures. Some stores may be converted to wholesale fuel operations rather than closed outright, which could mean different outcomes for employees at those sites. Canadian workers should note that franchise versus company-operated store status may affect their employment relationship and entitlements.
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7-Eleven's North American business is not yet publicly listed. Store-level employees are unlikely to hold equity or stock options, so equity considerations are generally not applicable for most affected workers in this closure wave.
OFFICIAL
include the conversion to wholesale fuel stores
OFFICIAL
across all markets, the economic outlook remains uncertain
EMPLOYEES / PUBLIC
Their stores are destitute, food is bad, filthy interior, no atmosphere... but they all universally feel terrible
The days immediately after a layoff notice are often when your most recent accomplishments, metrics, and responsibilities are clearest in your memory. Taking time now to update your resume - before those details blur - can make a meaningful difference in how quickly you can apply for your next role. Yotru can help you identify gaps and improve your resume's chances of getting past automated screening systems.
General guidance only. Based on typical cases and not independently verified. Your situation may differ.
In Canada, termination without cause typically triggers entitlements to notice or pay in lieu under provincial employment standards legislation. In Ontario, employees may also qualify for statutory severance pay if they have five or more years of service and their employer has a payroll exceeding 2.5 million dollars. Your actual entitlement may go beyond statutory minimums under common law, depending on your tenure, age, role, and re-employment prospects. These are general patterns only - your situation may differ significantly.
Many initial severance offers reflect only the statutory minimum, which is often less than what an employee may be entitled to under common law. Key levers often include length of service, age, seniority, and the difficulty of finding a comparable role. Consider having an employment lawyer review any offer before signing, as most releases are binding once executed.
Regional rules differ. Use these as starting points and verify against official sources for your situation.
Skills developed in convenience retail - customer service, cash handling, inventory management, food safety, and shift leadership - are generally transferable to roles in grocery, quick-service restaurants, fuel retail, and broader hospitality sectors. Many employers in those sectors are actively recruiting, particularly for candidates with direct store operations experience.
Store closure-driven workforce reductions in convenience retail are generally considered operational restructurings rather than traditional corporate layoffs, which can affect how severance is communicated and calculated. The 645-closure figure represents roughly 5% of 7-Eleven's broader North American footprint of approximately 13,000 locations, which is a meaningful but not unprecedented scale for a large multi-site retailer in a multi-year optimization cycle. Sector peers such as Circle K and Wawa have also been recalibrating store counts in recent years, though the scale of 7-Eleven's closures is notably larger than most individual competitor announcements.
This is the fifth consecutive fiscal year in which 7-Eleven has closed more stores than it has opened in North America. The company closed roughly 444 stores across the U.S. and Canada in fiscal 2024 alone, meaning the planned 645 closures in fiscal 2026 represent an acceleration of that trend. The broader context includes the collapse of a proposed acquisition by Circle K owner Alimentation Couche-Tard in 2024 and a subsequent transformation plan - suggesting that the current wave of closures may reflect a more urgent financial and strategic reset than prior years.
Answers to the most common questions about the 7-Eleven layoffs and what to do next.
Yes, the plan to close 645 North American locations in fiscal 2026 is confirmed based on fourth-quarter earnings filings published by parent company Seven and i Holdings. However, specific store locations have not been publicly identified, so whether your particular store is affected has not been confirmed. Monitor official communications from your store operations team and consult public disclosures for updates.
As of mid-April 2026, 7-Eleven and Seven and i Holdings have not publicly named any specific Canadian stores in the closure plan. The 645-store figure covers all of North America. If you work at a Canadian location, watch for formal notice from your employer and consider checking provincial employment ministry websites for any mass termination filings in your area.
Severance entitlements in Canada depend on your province, your length of service, your role, your age, and other factors. Most employees are entitled to at least the minimums set out in their provincial employment standards legislation, such as Ontario's ESA. However, non-union employees may potentially be owed significantly more under common law depending on their circumstances. This is a general overview only - consult an employment lawyer before accepting any severance offer.
In many cases, yes. Initial severance offers from employers often reflect only the statutory minimum, which may be less than what you could be entitled to under common law. Factors such as tenure, age, seniority, and the difficulty of finding a comparable job may support a higher amount. Consider having an employment lawyer review your offer before signing any release, as signing typically waives your right to pursue additional compensation.
If you are a Canadian resident and your employment ends due to a store closure, you may generally be eligible to apply for Employment Insurance (EI) provided you meet Service Canada's hours-worked requirements for your region. Apply as soon as your final day of employment is confirmed, as there is typically a waiting period before payments begin. Visit canada.ca/ei for eligibility details specific to your situation.
The federal WARN Act generally requires employers in the United States to provide at least 60 days advance notice to employees when a plant closes or a mass layoff affecting 50 or more employees at a single location occurs. Whether it applies to a specific 7-Eleven location depends on the number of employees affected at that site and whether any state mini-WARN laws impose additional obligations. Consult your state labor department for guidance specific to your location.
No public announcement about transfer policies for affected employees has been made as of mid-April 2026. Whether transfers are offered may depend on individual store circumstances, proximity of other locations, and the company's internal policies at the time of closure. Raise the question directly with your district manager or HR contact as early as possible if this is a priority for you.
This question is difficult to answer definitively with public information available. The 645 planned closures across North America in fiscal 2026 are larger in scale than the roughly 444 closures reported in fiscal 2024, making this the most significant single-year contraction in recent disclosed history for the chain. Whether it is the largest ever in Canada specifically cannot be confirmed from current public disclosures.
Yotru sources layoff intelligence from primary materials including company filings, official press releases, and government notices, supplemented by reporting from established news outlets. Confirmed facts are clearly distinguished from unconfirmed reports throughout this profile. Content is reviewed and updated as new verified information becomes available, and legally sensitive sections such as rights and severance are written to reflect general patterns rather than legal determinations.
Seven and i Holdings Q4 Fiscal 2025 Earnings Filing (April 2026) · C-Store Dive (April 2026) · CBS News (April 2026) · CBC News (April 2026) · Fox Business (April 2026) · Axios (April 2026) · Ontario Employment Standards Act - Government of Ontario · Canada.ca - Termination, Layoff or Dismissal (Federal)
The identity of specific store locations to be closed in Canada or the United States has not been publicly confirmed by 7-Eleven or Seven and i Holdings as of April 16, 2026. The total number of Canadian jobs at risk, whether any transfer offers will be made, and the timeline for individual store-level notices are all unconfirmed at this time. The employee public quote sourced from Reddit reflects one individual's opinion and is not representative of all affected employees. This profile will be updated as verified information becomes available.
This profile is provided for informational purposes only and does not constitute legal, financial, or employment advice. All figures, dates, and details are approximate and based on publicly available information as of the last updated date shown. Individual severance entitlements, rights, and outcomes vary significantly depending on jurisdiction, employment contract terms, length of service, role, and other personal circumstances. Nothing in this guide should be relied upon as a substitute for advice from a qualified employment lawyer or licensed professional familiar with your specific situation. Yotru makes no representations or warranties regarding the accuracy, completeness, or timeliness of information contained here.
April 2026 · Updated Apr 16, 2026