Published
Wednesday, January 30, 2013 - 20:03
Thai 7-Elevens look to corner market
CP All, Thailand's largest chain of convenience stores, said on Wednesday it intended opening 7-Eleven stores in Burma, Laos and Cambodia, according to a report by Reuters.
CP All, controlled by Thailand's wealthiest man, Dhanin Chearavanont of the Charoen Pokphand Group, aims to have 7,370 stores by the end of 2013, and reach 10,000 by 2018, its president Piyawat Titasattavorakul is reported to have said.
7-11 is a global franchise, but its main operator is a Japanese firm, Seven & I Holdings Co, which announced in June it was planning to partner with the Burmese Zaygabar Company to open a chain of 7-Eleven convenience stores throughout Burma within a year.
