Reliance Retail to launch 7-Eleven stores in India after Future Group exit

Future had agreed to sell its retail assets to Reliance, but the deal hit a roadblock after Amazon.com challenged it.

Dallas-based 7-Eleven Inc (SEI) has signed an agreement with Reliance Retail Ventures (RRV) to launch convenience stores in India, days after Future Retail Ltd ended its deal with the US chain.

The first 7-Eleven store will open on Saturday in Andheri, Mumbai. RRV said in a statement. It will then roll out more stores in neighbourhoods and commercial areas in the Greater Mumbai.

“At Reliance, we pride ourselves in offering the best to our customers and we are proud to bring 7-Eleven, the globally trusted convenience store, to India,” said Isha Ambani, director, Reliance Retail Ventures Limited.

“India is the