Kuwait's TSC Announced Expansion Plans

Kuwaiti retailer The Sultan Center (TSC) has announced its plans to expand its presence in the Lebanese mass grocery retail (MGR) sector following its earlier acquisition of two local retailers. TSC currently runs a network of 53 stores and is looking to double this number over the next three to five years. Despite the high levels of political risk in Lebanon, TSC is drawn to the country for its strong long-term growth potential, which it will be in a strong position to exploit.

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