June 18, 2019 / 12:21 PM / a month ago

Tesco could open 750 new convenience stores in Thailand over medium term

LONDON, June 18 (Reuters) - Tesco, Britain’s biggest retailer, said on Tuesday it could grow its business in Thailand by opening 750 new convenience stores in the medium term.

The group currently trades from 1,583 convenience stores in the Asian country.

The possible store expansion was detailed at the group’s Capital Markets Day presentation to analysts and investors, which is focusing on “untapped value opportunities”. (Reporting by James Davey, Editing by Paul Sandle)

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