7-Eleven To Open 1,300 New Stores in North America by 2030, Still on Target for 2026 IPO

Convenience store chain 7-Eleven has big plans for the next few years, according to its fiscal year 2024 financial results report, released April 9. While the bulk of the report hinges around its title, a few other important future projections were laid out for analysts and onlookers alike.

7-Eleven Details Expansion, IPO Timeline, and Store Innovations

To start, Seven & i announced plans to open 1,300 new 7-Eleven locations in North America, representing about a 10% uptick in total store count, per C-Store Dive. The outlet noted, however, that 7-Eleven shuttered more stores than it opened during the previous fiscal year, so it’s not exactly clear where total North American store count will rest following these new location openings.

Seven & i also reiterated its commitment to conducting an initial public offering (IPO) during the second half of 2026, delivering this news via a short statement appended to the report (as well as making it an independent bulleted line item).

“7&i Holdings remains committed to an IPO of SEI by 2H 2026 and returning capital to shareholders via share repurchases using IPO proceeds,” the report detailed. That IPO would see the company’s North American convenience store operations spun off into their own publicly traded entity.

Y’all called, we answered. Introducing: 7-ELEVEN. Look how beautiful our uppercase N is. We love our new uppercase N! What do you think? pic.twitter.com/GYRMSMk7jX

— 7-ELEVEn (@7eleven) April 1, 2025

Citing comments made by 7-Eleven President Stan Reynolds during the company’s recent fourth-quarter earnings call, C-Store Dive indicated that the majority of these new openings would see 7-Eleven stores presented in the new standard layout — many of which feature food-forward infrastructure and supplies in order to entice snackers on the go.

“These food-forward stores are resonating with our customers and driving [average sales per store day] about 18% higher than our system average,” said Reynolds. “We’ll continue learning from these stores and refine our new store standard to meet the needs of consumers both now and in the future.”

The company plans to nearly double the number of quick-service restaurants attached to many of its stores, having invested heavily in this pairing in recent years as part of an overall turnaround. Notable brands include Laredo Taco Company and Raise the Roost Chicken, as Supermarket News reported.