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Thailand: Home-improvement chain HomeWorks to open six to eight more stores over the next three years.

Thai Press Reports

| March 16, 2007 | COPYRIGHT 2008 Thai News Services. (Hide copyright information)Copyright

(From Thai Press Reports)

Section: Corporate News - Home-improvement chain HomeWorks will spend up to Bt6.4 billion to open six to eight more stores over the next three years, The Nation reports.

Four new stores are planned for Bangkok and vicinity - at Bangkok Yai, Ram-Indra, Bang Na and Samut Prakan, said the vice-president of the company that manages HomeWorks, CRC Power Retail. Pong Skuntanaga added that new stores were also planned for Phuket, Chiang Mai and Ayutthaya.

Each one will cost between Bt500 million and Bt800 million.

HomeWorks saw sales surge last year despite the economic slowdown and political uncertainty. Total sales …

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