7-Eleven, the world's largest convenience store chain, has signed a master franchise agreement with Future Group that will open and manage the eponymous brand stores in India, one of the fastest-growing retail markets.
Future Retail's subsidiary SHME Food Brands will open newer stores as well as convert existing locations to the 7-Eleven brand, starting this year. The retailer that has nearly 67,000 stores world over including 7-Eleven among other retail formats, said products mainly in beverages, snacks and fresh foods with local recipes will be part of the initial convenience offering.
