Reliance Retail to roll out 7-Eleven convenience stores in India
The Hindu
The first 7-Eleven store will open on Saturday, October 9 in Andheri East, Mumbai
Reliance Retail Ventures Ltd (RRVL), through its wholly owned subsidiary, 7-India Convenience Retail Ltd, has entered into a master franchise agreement with 7-Eleven, Inc., (SEI) the American retail major, for the introduction of 7-Eleven convenience stores in India.
Convenience store is a shop that remains open for extended hours, stocking a limited range of household goods and groceries to cater to the immediate neighbourhood.
The first 7-Eleven store will open on Saturday, October 9 in Andheri East, Mumbai. This will be followed by a rapid rollout in key neighborhoods and commercial areas, across the Greater Mumbai cluster to start with, Reliance Retail said in a statement.
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