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Now more than 10,000 7-Eleven stores in Thailand

18 Aug 2017 | 245 View

Now more than 10,000 7-Eleven stores in Thailand

The number of 7-Eleven convenience stores in Thailand has topped 10,000, achieving the milestone at a faster pace than in Japan, their local operator says.

Number of 7-Eleven stores tops 10,000 in Thailand

Kyodo News

The number of 7-Eleven convenience stores in Thailand has topped 10,000, achieving the milestone at a faster pace than in Japan, their local operator says.

CP All Public Co, under Thai conglomerate Charoen Pokphand Group Co, says the number of 7-Eleven stores totalled 10,007 by the end of June.

It took the Thai operator 28 years to reach the 10,000 mark since opening its first 7-Eleven store in 1989.

CP All plans to add about 700 outlets this year and hopes to reach a total of 13,000 within the next four years.

The company says it is poised to allocate 60% of its planned capital expenditure of 9.5 billion to 10 billion baht this year for store expansion and renovation.

The franchise leads the pack of Japanese convenience store brands in Thailand, where FamilyMart stores totalled 1,136 as of the end of July and Lawson stores numbered 85 as of the end of February.

The 7-Eleven Japan Co has aggressively expanded store networks across Southeast Asia after obtaining the US-originating brand and later giving local businesses abroad the right to operate stores.

The number of 7-Eleven outlets in the region, including Malaysia, the Philippines, Singapore and Vietnam, had increased to a total of 14,699 at the end of June, accounting for nearly one-fourth of the global total, compared with 19,588 stores in Japan.

HIGHLIGHTED WORDS

abroad

: in or to a foreign country - ในต่างประเทศ

allocate (verb)

: to give out an amount of or share of something - แบ่งส่วน

brand (verb)

: a type of product made by a particular company - ตรา, ยี่ห้อ

capital (verb)

: a large amount of money that is invested or is used - ทุน, เงินทุน

conglomerate (verb)

: a large company formed by joining together different firms - กลุ่มบริษัทในเครือ

convenience store (verb)

: a shop/store that sells food, newspapers, etc. and often stays open 24 hours a day - ร้านสะดวกซื้อ

expand (verb)

: to make or become larger - ขยาย เพิ่ม

expansion (verb)

: when something increases in size, number or importance - การขยายออก

expenditure (verb)

: money spent by a government, organization, or person - การใช้จ่าย (เงิน)

franchise (verb)

: a formal agreement for someone to sell a company’s products or services in a particular place - การขายระบบแฟรนไชนส์ คือมีสาขาของร้านค้า เช่น 7-eleven

global (verb)

: throughout the world - ทั่วโลก

milestone (verb)

: an event or achievement that marks an important stage in a process - เหตุการณ์สำคัญ (ที่ควรบันทึกไว้)

network (verb)

: a large system of connected parts, organisations, people, etc. - เครือข่าย

obtain (verb)

: to get something that you want or need, especially by going through a process that is difficult - ได้มา, ได้รับ

operate (verb)

: to carry out an activity like running a business - ดำเนินการ

operator (noun)

: a person or company that runs a business - ผู้ดำเนินกิจการทางธุรกิจ, ผู้ประกอบธุรกิจ

originate (noun)

: to come from a particular place, time, situation, etc - มาจาก, ริเริ่มจาก

outlet (noun)

: a shop or place where a particular product is sold - ร้านขายสินค้า, ร้านขายสินค้าจากโรงงาน

pace (noun)

: the speed at which something happens or is done - อัตรา

poised (noun)

: ready for action - พร้อม, พร้อมสำหรับการกระทำ

renovation (noun)

: making something old look new again by repairing and improving it, especially a building - การปฏิสังขรณ์, การทำให้มีสภาพดีเหมือนเดิม, การบูรณะ, การซ่อมแซมใหม่

right (noun)

: something that you are morally or legally allowed to do or have - สิทธิ

total (noun)

: to add up the numbers of something/somebody and get a total - ผลรวม, ยอดรวม

pack (noun)

: a group of similar people or things, all the people who are behind the leaders in a race, competition, etc - กลุ่ม, หมู่, พวก,คณะ

aggressively (adv)

: in a way that shows force and determination in order to succeed - อย่างตั้งใจจริง, อย่างมุ่งมั่น, อย่างแน่วแน่