BusinessPhoto: Mint Companies7-Eleven Closes 31 Indian Stores but Plans Long-Term Growth
Japanese convenience store chain 7-Eleven shut all 31 of its Indian outlets operated by Reliance Retail by September's end. Despite this, the company remains committed to expanding in India and is exploring new options for growth. Earlier, 7-Eleven ended a franchise deal with Future Retail due to unmet targets. The closures have sparked debate on its future in India, but the company emphasizes long-term ambitions.
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