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Tesco affirms commitment to expansion in Thailand

Tesco Lotus remains committed to Thailand and will continue to invest in expanding its retail and online channels, according to chief executive officer John Christie.

The company will open five large stores and 50 express stores over the coming year, he said.

It also plans to increase investment in programmes to help reduce the prices of fresh food, groceries and household items to help consumers struggling with rising living costs.

(Source: Bangkok Post)