7-Eleven’s BB #:105528 parent company, 7 & i Holdings, is finding success with fresher food offerings.
According to an investor relations presentation released Oct. 24, 7-Eleven plans to focus U.S. growth on four areas: proprietary products, digital ordering and delivery, cost efficiencies, and store growth.
The company has been testing new store formats, and has established a “new standard” store with a more grocery-like fresh food presentation, with grab-and-go salads and other fresh food options. About 500 of this format are planned between 2025 and 2027.
Store expansions are concentrated in Southern California, Florida, and Ohio, according to the presentation. The company previously announced it plans to close about 450 stores that “do not fit into our growth strategy,” the company said in a statement to Today.com. “At the same time we continue to open stores in areas where customers are looking for more convenience.”
Fresh food and foodservice sales grew 1.6 percent year-over-year, according to the presentation, with 51 new SKUs and 20 new menu items in development.
The company, which currently operates nearly 1,100 in-store restaurants under the Laredo Taco, Speedy Café, and Raise the Roost banners, also plans to add 50 new restaurants to stores in 2025.
