Business News: Reliance Retail announced that the first 7-Eleven store will open on October 9 in Andheri East, Mumbai.
Reliance Retail has entered into a franchise agreement with 7-Eleven, for the launch of 7-Eleven convenience stores in India. The first 7-Eleven store will open on October 9 in Andheri East, Mumbai.
The 7-Eleven convenience store is a shop that remains open for extended hours, stocking a limited range of household goods and groceries to cater to the immediate neighborhood.
Ms. Isha Ambani, Director of Reliance Retail Ventures Limited said –
“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. 7-Eleven is among the most iconic global brands in the convenience retail landscape. The new pathways we build together with SEI will offer Indian customers greater convenience and choices within their own neighborhoods.”
RRVL is a subsidiary of Reliance Industries (RIL) and holding company of all the retail companies under the RIL Group.
Today, October 7, RIL share touched a 52-week high of Rs 2,623 and a 52-week low of Rs 1,830 on 06 October 2021 and 29 January 2021, respectively.