Reliance Retail, 7-Eleven end a five-year India franchise deal as convenience stores struggle – FinSiddhi

Reliance Retail, 7-Eleven end a five-year India franchise deal as convenience stores struggle

Reliance Retail and 7-Eleven are ending their five-year franchise partnership in India, with most of their nearly 60 stores set to shut after failing to achieve profitability, people familiar with the matter said. The exit underscores the growing challenge for organised convenience retail from kiranas and rapidly expanding quick-commerce platforms.
Read more at The Economic Times

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