Future Retail mutually terminates agreement with 7-Eleven

Future Retail had signed the Master Franchise Agreement with 7-Eleven in February 2019 to develop and operate 7-Eleven stores within India.

However, given Future group’s struggle over the last few years nothing material could be done and plans remained on paper.

Future Group’s merger with Reliance Retail is also saddled with legal complications initiated by Amazon.

Under the circumstances, it was in interest of both Future and 7-Eleven to terminate the agreement.

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