BENGALURU (Reuters) – Reliance Industries’s retail arm Reliance Retail Ventures Limited said on Thursday it has entered into a franchise agreement with 7-Eleven Inc to launch the convenience stores in India.
On Tuesday, Future Retail said it ended a franchise agreement with the chain.
Reliance said the first 7-Eleven store is set to open in Mumbai on October 9.
(Reporting by Vishwadha Chander in Bengaluru; Editing by Krishna Chandra Eluri)
