Reliance Retail to start 7-Eleven convenience shops in India after Future Retail’s exit
The first 7-Eleven round-the-clock convenience shop will be initiated by Reliance Retail in India’s financial capital Mumbai on October 9, 2021.| Aboli AA Deodhar| The retail arm of Reliance Industries Ltd. (RELI.NS) declared on October 7, 2021, that it would work out 7-Eleven Inc convenience shops in India. The decision came days after Future Retail Ltd. (FRTL.NS) chose to stop a related agreement with the US Chain. The initial 7-Eleven round-the-clock convenience shop in India’s commercial capital Mumbai on October 9, 2021. The declared agreement indicates the development of the Reliance Group, led by billionaire MukeshAmbani, to swiftly expand its…