21-Jun-19, Inside Retail
Tesco Thailand is evaluating opening as many as 750 more convenience stores, which would expand its overall network by about 50 per cent.
Image: The Thaiger
The move is one of several strategic growth options being considered by the British-headquartered grocery retailer. Another is the development of a premium supermarket offer in the UK.
Tesco currently operates 1,583 stores in Thailand. In light of its success in Thailand and Malaysia, the company is reportedly considering options for expansion in other Asian markets including South Korea and China.