Future Group will bring 7-Eleven stores to India under franchise agreement
today Mar 1, 2019
Future Group will launch 7-Eleven convenience stores across India after signing a master franchise agreement with the Japanese-owned, U.S.-headquartered business.
Soon, the world’s largest convenience store chain will be opening its doors in India. Future Group will launch the stores across the country through its subsidiary SHME Food Brands by opening at new locations and converting SHME stores into 7-Eleven brand ones. The stores will initially sell a variety of beverages, snacks, fresh foods, and personal care products and other categories will be added gradually.
“This strategic relationship offers an excellent opportunity to bring 7-Eleven’s brand of convenience and its iconic products to the Indian consumer,” said Ken Wakabayashi, 7-Eleven Inc’s international head, as reported by ET Retail.
"7-Eleven will support Future Retail Ltd to implement and localise the unique 7-Eleven business model."
Future Group currently runs 1,444 stores in 409 Indian cities.
“We are proud to bring this globally trusted convenience store to India and build new pathways together that will offer Indian customers greater convenience and choices, within their own neighbourhood,” Kishore Biyani, the founder of Future Group, said in a statement.
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