Reliance Retail to launch 7-Eleven convenience stores in India

Reliance Retail has entered into an agreement with US-based 7-Eleven Inc to open convenience stores in India. The first 7-Eleven store will be opened in Mumbai on October 9.

The retail arm of Reliance Industries Limited (RIL) has announced that it has entered a franchise agreement with US-based 7-Eleven Inc (SEI) to open convenience stores in India.

Reliance Retail Ventures Limited (RRVL) said the first 7-Eleven store is set to open on October 9 in the Andheri East area of Mumbai. This will be followed by a rapid rollout in key neighbourhoods and commercial areas across the Greater Mumbai cluster, said the company in a press release.