Bad news, Slurpee fans.
The first half of this year has been challenging.
Its been driven by macroeconomic conditions and evolving industry trends, DePinto said.
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In addition to inflation, DePinto added that 7-Eleven was severely impacted by a drop in cigarette sales.
Moving forward, the company will focus more on high quality foods.
DePinto emphasized in his statement the importance of adapting to their consumer’s new tastes and trends.
He said, Growing our proprietary products is an important part of our future.
This platform offers our customers a wider assortment of hot food and specialty beverages".