February 28, 2019 / 7:56 AM / 3 months ago

Future Retail to operate U.S.-based 7-Eleven stores in India

Feb 28 (Reuters) - India’s Future Retail Ltd said on Thursday it signed an agreement with Texas, U.S.-based 7-Eleven Inc via a unit to run its stores, marking the convenience retailer’s entry into India.

The company said bit.ly/2U6Sbtc the first store was expected to open in 2019 and that it planned to convert some of its existing locations to the 7-Eleven brand.

Reporting by Chandini Monnappa in Bengaluru; Editing by Subhranshu Sahu

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