Reliance Retail and 7-Eleven are reportedly ending their five-year India franchise deal

The Economic Times, citing people familiar with the matter, reports that Reliance Retail and 7-Eleven are ending their five-year India franchise deal, with most of their nearly 60 stores set to close. The venture reported a net loss of nearly ₹90 crore in the year ended March 2026, according to its financial statements. The report points to pressure from neighborhood kirana shops and rapid-delivery services. 7-Eleven may seek a new Indian partner, but no decision has been made.