7-Eleven Closes 31 Stores in India, Potential Business Restructuring
RS Reliance Inc
$402.45 +1.40%
View chart & analysis → - 1Reliance Retail closed 31 7-Eleven stores across India at the end of September.
- 27-India Convenience Retail recorded a net loss of approximately 900 million rupees ($9.3 million) for the fiscal year ending March 2026.
- 37-India Convenience Retail revenue was approximately 920 million rupees for the fiscal year ending March 2026.
So what's the key point?
Reliance Retail closed 31 7-Eleven stores in India. The business may undergo restructuring because losses were larger than revenue.
Source CNBC · View original ↗
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