Thailand: Boots Retail to lower prices.

(From Thai Press Reports)

Section: Corporate News - Boots Retail (Thailand) Ltd plans to reduce its prices, revamp is product line and reassess its services in an attempt to achieve its 10-per-cent sales growth target after falling short of its goal in the first six months this year, The Nation reports.

The company's country marketing manager Ornuma Chavalitumrong said negative economic factors such as the oil price hike, political uncertainty and high inflation were the main reasons for the lower-than-expected results. In addition, the company failed to attract any new customers in the first half of the year. Fortunately, its regular customers have remained …