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Thai 7-Eleven operator to open 540 new stores next year

CP All Plc, the Thai operator of 7-Eleven convenience stores, will adopt various strategies to do battle with the Family Mart, Lawson, Mini Big C and Tesco Express brands next year.

According to Piyawat Titasattaworakul, president of CP All, the company will open 540 new 7-Eleven stores next year, up from 450-500 new outlets this year.

Central Retail Corporation’s Family Mart, Saha Group’s Lawson, Tesco and Big C are all trying to attract more customers. They all want to latch onto the higher purchasing power of customers and cash in on the bigger customer base.

(Source: Bangkok Post)