Retail in Asia

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Thailand’s Gourmet Market to add 10 more stores

The Mall Group, Thailand’s number two retailer, is set to launch 10 more Gourmet Market locations by 2015.

Senior executive vice-president Phaibul Kanokvatanawan said the company plans to spend THB400 million (USD12.9m) to open Gourmet Markets at neighbourhood stores, housing projects or shopping malls developed by others. Each location will cover about 2,000 square metres.

The plan will bring total Gourmet Markets to 14, up from four currently. Each will create 80 jobs and generate sales of THB20-30m per month.

(Source: Bangkok Post )