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7-Eleven To Close Hundreds Of Stores 7-Eleven To Close Hundreds Of Stores
7-Eleven To Close Hundreds Of Stores Convenience store chain 7-Eleven is closing hundreds of stores in North America. Parent company Seven & I Holdings said that the 444 locations were “underperforming.” They make up about 3 percent of 7-Eleven's total of around 13,000 outlets in the US, Canada, and Mexico. Specific sites of the stores have not yet been released. In announcing the closures, the company said that 7-Eleven stores saw a 7.3 percent decline in traffic in August, saying a "pullback in consumer spending has persisted beyond prior expectations" that has affected store traffic and sales growth "as consu…

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by Joe Lombardi
Business
Opening Date Set For New Shake Shack Restaurant In Central Jersey Opening Date Set For New Shake Shack Restaurant In Central Jersey
Opening Date Set For New Shake Shack Restaurant In Central Jersey An opening date has been set for the new Shake Shack restaurant in Middletown. A spokesperson said the Shake Shack at 1149 Route 35 will officially open on Wednesday, Sept. 4 at 11 a.m. The restaurant is replacing Moe's Southwest Grill at the location. The "first wave" of customers will get custom Shake Shack tote bags and stickers. The restaurant will also donate $1 from every sandwich sold on opening day to JBJ Soul Kitchen, a nonprofit community kitchen operated by the Jon Bon Jovi Soul Foundation. Customers will also be able to place orders through Shake Shack'…

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by Chris Spiker