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Sushi Chain in Expansion Drive in Thailand as Rival Falls.
Byline: Sukanya Jitpleecheep
Sep. 1--The Japanese restaurant business in Thailand offers a picture of starkly contrasting fortunes.
Sushi King, the chain owned by Malaysia's Texchem conglomerate, recently closed its four outlets in Bangkok, three years after it entered Thailand, due to losses.
Genki Sushi, a chain from Japan, is speeding up expansion in Thailand with a plan to have 15 outlets in five years compared with four at present.
Meanwhile, Singapore-based Sushi Tei is taking over the Sushi King outlets located at Central shopping centres in Lat Phrao and Rama III, plus Future Park Rangsit and Mahboonkrong, and rebranding them ...
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Source: HighBeam Research, Sushi Chain in Expansion Drive in Thailand as Rival Falls.