Reliance Retail Ventures Limited (RRVL) on Thursday introduced that it has entered right into a grasp franchise settlement with 7-Eleven Inc for the launch of 7-Eleven comfort shops in India. It added that the primary 7-Eleven retailer is ready to open on Saturday, October 9, 2021 in Andheri East, Mumbai.
The retail big mentioned that this will probably be adopted by a fast rollout in key neighborhoods and industrial areas, throughout the Greater Mumbai cluster to begin with.
The transfer comes just some days after Future Group’s agency Future Retail mentioned that it has terminated its franchise settlement with the US-based comfort shops model to function the shops.
The Kishore Biyani-led Future Retail had entered into an settlement with 7-Eleven Inc for working shops underneath the model identify in India on February 2019.
“With the launch of 7-Eleven stores, RRVL as the country’s largest retailer, takes a step further in its journey of offering a superior shopping experience and compelling value proposition for Indian customers,” a Reliance assertion mentioned.
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