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Retail chains expect stable sales growth: Up to 15% expansion.

Bangkok Post (Bangkok, Thailand)

| March 03, 2006 | COPYRIGHT 2006 Bangkok Post. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Byline: Pitsinee Jitpleecheep

Mar. 3--Listed retail chains say they expect their growth this year to range from 12 percent to 15 percent, on par with 2005.

Executives of the Big C Supercenter, C.P. Seven Eleven and Siam Makro chains all said they would continue to use similar strategies as in 2005, including the addition of new stores and services, renovation of existing stores, cost-saving steps, customer relationship management (CRM) programmes and merchandise adjustment.

Rumpa Kumhomreun, Big C's chief financial officer, said Big C planned to spend three billion baht to open four new stores including outlets in Phrae and Ratchaburi, and to ...

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Source: HighBeam Research, Retail chains expect stable sales growth: Up to 15% expansion.

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