Aeon plans big expansion of MaxValu supermarkets in Thailand
In this article (4)
Aeon (Thailand) Co, the operator of MaxValu supermarkets, has announced plans to speed up expansion in Thailand by increasing its number of stores to 500 by 2020.
The company, which now operates 76 outlets in supermarket and mini-supermarket formats, is expected to open 15 more outlets this year.
General manager Keiji Ono said Aeon would spend THB300-400 million (USD9.2m-USD12.3m) to add new stores and modernise some outlets.
Questions & Answers
Q.What is Aeon's long-term goal for the number of MaxValu supermarkets in Thailand?
What is Aeon's long-term goal for the number of MaxValu supermarkets in Thailand?
Aeon aims to significantly increase its store count, planning to operate 500 MaxValu supermarkets across Thailand by the year 2020. This indicates a rapid expansion strategy for the company.
Q.How many MaxValu stores does Aeon currently operate in Thailand?
How many MaxValu stores does Aeon currently operate in Thailand?
Aeon (Thailand) Co. Currently operates 76 outlets in both supermarket and mini-supermarket formats. This is the starting point for their ambitious expansion plans over the next few years.
Q.How much capital expenditure has Aeon allocated for its expansion and modernisation efforts?
How much capital expenditure has Aeon allocated for its expansion and modernisation efforts?
Aeon plans to invest between THB300 million and THB400 million, which equates to USD9.2 million to USD12.3 million. This budget will cover both adding new stores and updating existing outlets.
Reader pulse
Is Aeon's expansion plan achievable?
22,787 votes so far