Connect with us

Corporate

7-Eleven stores tops 10,000 in Thailand

The number of 7-Eleven convenience stores in Thailand has topped 10,000, achieving the milestone at a faster pace than in Japan, their local operator says, CP All Public Co.

Published

on

The number of 7-Eleven convenience stores in Thailand has topped 10,000, achieving the milestone at a faster pace than in Japan, their local operator says, CP All Public Co.

Under Thai conglomerate Charoen Pokphand Group Co, says the number of 7-Eleven stores totalled 10,007 by the end of June.

It took the Thai operator 28 years to reach the 10,000 mark since opening its first 7-Eleven store in 1989.

The number of 7-Eleven outlets in the region, including Malaysia, the Philippines, Singapore and Vietnam, had increased to a total of 14,699 at the end of June, accounting for nearly one-fourth of the global total, compared with 19,588 stores in Japan.

CP All plans to add about 700 outlets this year and hopes to reach a total of 13,000 within the next four years.

The company says it is poised to allocate 60% of its planned capital expenditure of 9.5 billion to 10 billion baht this year for store expansion and renovation.

The franchise leads the pack of Japanese convenience store brands in Thailand, where FamilyMart stores totalled 1,136 as of the end of July and Lawson stores numbered 85 as of the end of February.

Source:  Bangkok Post: business

Click to comment

Leave a Reply

Corporate

The environmental case for remote working

Anyone searching for a silver lining to the pandemic should look to the clear, blue skies above them. A reduction in pollution worldwide has been an unintended benefit of the lockdowns and stay-in-place orders imposed to control the spread of COVID-19.

Published

on

During the pandemic, the environmental and societal benefits of working at home quickly became apparent. How can businesses protect these benefits in the future?

(more…)
Continue Reading

Investment

Thailand Q1 Investment Applications Soar 80% as FDI More Than Double says BOI

The top three source countries of FDI applications during the first quarter were South Korea, China, and Singapore, with similar levels of investment. Korean investment soared due to a large-scale joint venture in the medical sector, Ms Duangjai said.

Published

on

The Thailand Board of Investment (BOI) said today that in the first quarter of 2021, investment applications rose 80% from the year earlier period to a total value of 123.4 billion baht (USD3.9 billion), led by projects in the medical and electric and electronics (E&E) sectors, as foreign direct investment (FDI) applications more than doubled.

(more…)
Continue Reading
Wise

Most Viewed

Subscribe via Email

Enter your email address to subscribe and receive notifications of new posts by email.

Join 14,163 other subscribers

Recent