Retail in Asia

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Thailand’s SCG begins expansion with Yangon shop

Siam Cement Group (SCG) is establishing wholesale and retail stores abroad for the first time, beginning in Myanmar and aiming for 100 outlets in Southeast Asia by 2015.

Thailand’s top industrial conglomerate last week opened a wholesale store in Yangon, marking the first move for SCG’s Home Mart model outside Thailand.

The group seeks similar stores in Cambodia, Vietnam, the Philippines, Indonesia and Malaysia this year.

(Source: Bangkok Post)