Home Consumer 99-Year-Old Retail Chain Quietly Closes Over 500 Stores

99-Year-Old Retail Chain Quietly Closes Over 500 Stores

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Some retailers have made no effort, or have been given no choice, when it comes to talking about their store closures.

Rite Aid, for example, has been winding down its entire operation with all its stores slated to close.

That has brought attention to rivals CVS and Walgreens, both of which are also closing hundreds of stores in 2025.

In other cases, chains have wavered on the amount of stores closing. Claire’s, for example, was at risk of closing all of its locations, but found a buyer and now will only shutter about 300. At Home has also shared different numbers of stores that will close as it navigates Chapter 11 bankruptcy.

Faith Based Events

7-Eleven, however, is so big that its decision to close over 500 stores hardly got noticed. That’s partially because the company isn’t publicly traded in the United States. And while it does release financial results, they’re not covered nearly as much as they would be if the company traded on a U.S. exchange.

The chain has methodically thinned out its store count, and when it’s finished, it will be roughly 550 stores smaller in the U.S.

7-Eleven has been quietly closing stores.

Key retailers & their store closure plans

  • Macy’s: Closing 66 stores in 2025.
    • Overall plan to shutter about 150 stores by early 2027.
  • CVS Health: Closed 900 stores between 2022-2024.
    • Plans to close 270 more in 2025.
  • Walgreens Boots Alliance: Closing 333 stores in 2025.
    • Aimed at trimming underperforming locations.
  • Party City: Closing 738 stores in 2025.
    • The chain is being liquidated in Chapter 11 bankruptcy
  • 7-Eleven: Closed 444 stores in 2024.
    • Closing 148 more in 2025.
  • Kohl’s: Closing 27 underperforming stores in 2025.
  • Express: Closed 107-110 stores in the past year.

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