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CP All is assessing expansion opportunities in China and India for its Siam Makro cash-and-carry retail concept. It is also evaluating opening a store in Myanmar after experiencing success in nearby Cambodia. “Siam Makro is on a new journey of expanding in…
Convenience store group CP All, which runs 7-Eleven and Siam Makro stores in Thailand, has revealed strong growth over the past year. It has posted a net profit of THB19.9 billion (US$631.5 million) for the fiscal year, up 19 per cent on revenue growth with a…
Thailand conglomerate Charoen Pokphand (CP) Group plans to invest Rs1000 crore (US$157 million) over the next five years to open Siam Makro wholesale stores in India. Siam Makro, the company’s retail arm, will open 15 wholesale cash-and-carry stores in India,…
The government seeks cooperation from retailers and wholesalers to cut product prices to help reduce consumers’ expenses and stimulate the economy in the final month of the year. The government is set to team up with wholesalers and retailers, which together…
Siam Makro, which runs the Makro cash-and-carry store chain, has clinched a 3-billion-baht (US$85.75 million) deal to acquire four food companies. Through its wholly owned subsidiary Siam Food Services, Siam Makro has entered into an agreement to acquire an…
Thai cash-and-carry chain Siam Makro plans to invest up to 9 billion baht ($258 million) in opening stores this year in Thailand and overseas. Its parent company, CP All, which through its ownership of 7-Eleven Thailand is the country’s largest convenience…
Thai retailer Siam Makro says it is keen to enter Myanmar, one of three key Southeast Asian markets it considers a priority. Siam Makro, which operates the Makro-branded cash-and-carry stores, has confirmed to the Bangkok Post newspaper that it has completed…
Siam Makro Plc, the operator of Makro cash-and-carry stores under Charoen Pokphan Group, is keen to expand its retail business in Myanmar in the near future. Chief executive Suchada Ithijarukul yesterday said the company had met the Thai ambassador in Yangon…
