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CP All Plans 10,000 7-Elevens to Sustain Growth: Southeast Asia

CP All Pcl, the world’s third-biggest operator of 7-Eleven convenience stores, said it plans to expand its network in Thailand to 10,000 outlets by 2018 to maintain annual profit growth at 15 percent.

“There is vast potential for Thailand’s retail market,” CP All President Piyawat Titasattavorakul, 58, said in an interview yesterday at his office in Bangkok. “We are still in the early stages of a consumer-spending boom.”