Retail in Asia

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Thailand’s PTT to expand Jiffy format outside of petrol stations

PTT Retail Management, a retail unit of Thailand’s national conglomerate PTT, plans to expand its Jiffy minimart business to include other formats.

Chakkrit Charuchinda, Managing Director of PTT RM, the operator of Jiffy convenience stores at PTT petrol stations, said that the company will proactively expand its retail business under the Jiffy brand in three formats, Jiffy original, Jiffy Daily and Jiffy supermarket, to serve a variety of customers in different parts of Bangkok.

The company aims to shift its focus to the retail business which has been providing a higher margin than petroleum products, with a view to entering the retail market outside petrol stations.

(Source: Bangkok Post)