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<\/a>7-eleven<\/p><\/div>Latest Franchise News India<\/a><\/strong>,Franchise In India<\/a><\/strong>,Future Group<\/a><\/strong> plans to open 7-Eleven franchise in India,Indian billionaire Kishore Biyani-backed Future Group plans to launch its first 7-Eleven brand convenience store in the country before March, betting that consumer demand will pick up in the coming months amid proliferation of supermarkets and hypermarkets.<\/p>\n In February, Future Retail, one of India’s top retailers<\/a><\/strong>, signed a master franchise <\/a><\/strong>agreement with 7-Eleven to develop and operate the stores in the country. Owned by Japan’s Seven & i Holdings, 7-Eleven convenience stores sell fresh foods, snacks, packaged goods, and beverages and remain open round the clock.<\/p>\n Biyani, the founder of Future Group<\/strong>, said he is aiming to open 1,000 such small format stores in the country’s financial hub of Mumbai. The focus of the 7-Eleven operations will be on Mumbai at least for the next two years to three years.<\/p>\n The Japanese-American store brand’s proposed entry comes at a time when India’s $365 billion retail market is witnessing increased competition from online companies. The industry is also contending with an economic slowdown: India’s gross domestic product expanded at the slowest pace in six years during July-September. Seven-Eleven stores offer new competition to the neighborhood mom-and-pop stores that are already facing the onslaught of global corporations such as Amazon and Walmart, say analysts.<\/p>\n U.S. online retailer Amazon<\/a><\/strong>, which entered India ins 2013, is tying up with a bunch of departmental store operators and retail outlets in a bid to outpace rival Walmart, which, last year, bought a majority stake in Flipkart Internet in a $16 billion deal.<\/p>\n Seven-Eleven is likely to be largely an urban phenomenon in India considering the income levels and the population in big cities, said Dhanraj Bhagat, a partner at Grant Thornton India<\/a><\/strong>. 1. Punjab Based DumplingHood franchise expansion in india<\/a><\/p>\n 2. Apple store started first outlet in mumbai india<\/a><\/p>\n 3. Delhi Based Kake Da Hotel plans more franchise expansion in india<\/a><\/p>\n 4. Bata India plans 500 franchise stores in india<\/a><\/p>\n 5. British clothing brand Superdry double store count in India by 2022<\/a><\/p>\n
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