Companies / Thailand
Central In Partnership To Exploit Convenience
September 2009 | Company Finance AlertThai retail group Central Retail Corporation, operator of grocery retailer Central Food Retail (CFR), has entered into a partnership with forecourt retailer PTT Retail Management (PTTRM) to supply the latter's Jiffy convenience stores. The three-year supply contract will facilitate diversification of CFR's supermarket-focused retail business and give the group access to a format that BMI expects to grow by 58% to 2013; surpassing the forecast industry average of
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