U.S.-based 7-Eleven Inc expects to open its first branded store in India this year, after reaching a deal with Future Retail Ltd to run the chain in the Asian nation.
* Future Retail to convert some existing ops to U.S. brand
(Adds details, analyst comment)
Feb 28 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.