At the end of September, Reliance Retail, the master franchise operator of 7-Eleven stores, shut down all 31 stores across India. The Japanese store chain said it looks forward to exploring several options to advance its presence in India over the long term.
Seven & i Holdings' second-quarter net profit fell as its domestic business proved a drag despite stronger earnings at its North American business thanks to fuel sales.
Shares in Seven & i rose 3% in Tokyo on Friday as the Japanese retailer said it was in talks to buy a stake in Polish convenience store operator Zabka Group.
Shares of Seven & i Holdings Co. rose over 4% in early Friday trading in Tokyo following the Nikkei report. The Japanese convenience store giant eyes overseas expansion by boosting its global store count.
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