7-Eleven shuts its last 31 stores in India after losses
Japanese chain 7-Eleven has closed all remaining Indian outlets, ending its partnership with Reliance Retail. The parent company does not rule out a future return.
- published on Newsmetry
- original source published
the public page opens no earlier than 15 minutes after we detect the story. approved stories may reach the api sooner. connect the api →
what happened
Japanese convenience store chain 7-Eleven has closed all 31 remaining outlets in India, ending its five-year partnership with Reliance Retail. According to Moody's, citing ThePrint, the chain posted a net loss of nearly Rs.90 crore in FY26.
A spokesperson for Seven & i Holdings said Reliance closed all stores in Mumbai and Pune as of September 30, 2026. The network had peaked at about 60 outlets, but failed to become profitable amid competition from neighbourhood shops and quick-commerce services.
The parent company says it still intends to explore other ways to serve Indian customers. Staff from the closed stores are being absorbed into Reliance's grocery and neighbourhood retail businesses.
why it matters
For markets the story is local and has little bearing on major listed companies. It shows how strong neighbourhood shops and quick-commerce remain as competitors in India's organised retail market.
market impact
Seven & i Holdings and Reliance Retail: closure of a loss-making chain, minimal financial effect
tags
sources
- 7-Eleven shuts remaining 31 India outlets after Rs.90 cr FY26 loss: When did it open first with Reliance; what's next? — Moody's, 22 October 2026 at 17:47 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
the public page opens no earlier than 15 minutes after we detect the story. approved stories may reach the api sooner.
get stories in real time ↗