Reliance adds 7-Eleven to portfolio as retail wars heat up
- The move gives Reliance Retail a stronger foothold in the country’s $850 billion retail market where it already operates stores for different categories such as apparel, grocery, electronics with chains such as Reliance Fresh, JioMart, Reliance Digital and Reliance Trends, among others
NEW DELHI: Reliance Retail Ventures Limited on Thursday said it has entered into a master franchise agreement with convenience store retailer 7-Eleven, Inc. (SEI), to set up 7-Eleven stores in India, a move that is set to widen the store network of the country's largest retailer.
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