All 7-Eleven convenience stores in India shut down in September, according to its Japanese parent company on Tuesday, as media reported the retail giant struggled to compete with local rivals. 7-Eleven is a global chain of convenience stores best known for quick grab-and-go snacks, beverages and household staples, often operating 24 hours. After signing a licensing agreement with India-based Reliance Retail, the brand launched its first Indian outlet in Mumbai in October 2021, eventually expanding to a peak of around 60 locations, a Seven & I Holdings spokesman said. Seven & I Holdings declined to comment on why the shops were closed, but the Nikkei and Yomiuri reported that the company had struggled against severe competition from local Indian retailers.
Seven & I Holdings has not given up on its business in India in the long term, it said. Its rival Lawson reportedly said it plans to open its first shop in India in 2027 and to expand its business there to around 100 shops by 2030.
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