which is a result of challenging employment conditions as well as inflationary pressures and high interest rates” for its North American woes. In a statement to C-Store Dive, a 7-Eleven ...

While the company didn’t point directly to these challenges in North America as cause for its latest store closures and property sale in the continent, the connection between them is clear.

Traffic at North American 7-Eleven locations has been negative since early last year and fell 7.3% in August. As a result, the company downgraded its U.S. profit guidance for the year and said it will ...

The retailer also aims to generate $520 million through sale-leasebacks of an undisclosed number of stores as its parent company slashes its profit forecast and spins off non-core segments. Seven & i ...

Cinnabon is opening its first New Zealand store in November. Popular American bakery chain Cinnabon will open its first store in New Zealand this year. Kathan Parikh, director of Cinnabon NZ ...