Thai retailer Central to invest $1.5b in expansion at home and overseas

Central Group Chairman Tos Chirathivat
Central Group Chairman Tos Chirathivat. Photographer: Brent Lewin/Bloomberg

Thailand’s largest retailer, Central Group, plans to invest around $1.51 billion to substantially expand its store footprint locally and overseas, and is aiming to grow sales by 14 percent this year, its chief executive said on Monday.

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