7-Eleven plans to close 645 stores this year

7-Eleven plans to close 645 stores in North America during fiscal year 2026, as revealed in recent earnings filings. The closures are part of a shift towards opening more wholesale fuel stores, which have been steadily increasing, with over 900 locations by the end of 2025. Despite plans to open 205 new stores, closures will surpass openings. The company has previously closed underperforming stores due to challenges like slowing sales, reduced foot traffic, and inflation. Currently, 7-Eleven operates over 86,000 stores globally, with more than 13,000 in the U.S. and Canada. The closures come amid global economic strains, including high gas prices influenced by geopolitical tensions and persistent inflation. Seven & i Holdings, the parent company, anticipates a 9.4% revenue drop this fiscal year. The company is pursuing growth through a transformation plan, focusing on fresh food offerings and expanding its delivery service, under the leadership of new CEO Stephen Hayes Dacus. QUESTION: How might the closure of 7-Eleven stores impact local communities and economies in North America?