7-Eleven To Double Network

7-Eleven Malaysia Sdn Bhd intends to exploit the benefits of franchising in order to almost double the size of its already vast Malaysian convenience retail network within just three years. At 54% through to 2014, BMI's forecast for convenience retail sales growth in Malaysia just exceeds our forecast for the wider mass grocery retail industry (50%), a fact that can be explained by the increasingly cash-rich, time-poor nature of consumers in major urban centres. However, even allowing for this healthy growth forecast, BMI would caution that 7-Eleven still faces some challenges in fulfilling its growth target, not least because of

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