7-Eleven in the news as stores plan major closures in 2026; parent Seven & I Holdings sits behind the global chain, rooted in Japan.
7-Eleven's North American operator has announced plans to close 645 stores in 2026, surpassing the 205 openings forecast. The closures include conversions to wholesale fuel stores, as the company shifts focus toward food and delivery services amid economic pressures and changing consumer habits.
Nike has reorganized its operations and tech teams as part of a broader turnaround, moving resources to Beaverton and Bengaluru and cutting about 1,400 roles. The company is focusing on core sports, faster product development, and a tighter supply chain, while facing ongoing pressure on sales, especially in Asia. The changes come after prior rounds of layoffs and a shift back toward performance-led footwear and apparel.
Suzuki has died at age 93 from heart failure at his Tokyo home, according to Seven-Eleven operator Seven & i Holdings. He helped bring 7-Eleven to Japan and led 7-Eleven Japan for four decades, overseeing a shift from a single store to tens of thousands of locations and pioneering in-store banking and other services.