Business Services Industry
Thailand Firm Enters Bookstore Field.
Knight Ridder/Tribune Business News, December, 2001
By Nondhanada Intarakomalyasut, Bangkok Post, Thailand Knight Ridder/Tribune Business News
Dec. 7--Competition in the local bookstore sector is about to intensify with the entry of the Charoen Pokphand Group through its CP Seven Eleven convenience-store subsidiary.
The first of the new chain stores, called 7-Today Books and E-Square, opened recently at Muang Thong Thani in Nonthaburi.
CP Seven Eleven executives declined to discuss details of the new venture, but an executive of a local publishing house said CP would likely adopt a similar concept to 7-Eleven in terms of prime locations and retail expertise.
However, the company's weak point was not having its own publishing house, said Apisit Pravatmuang, retail manager of...
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