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  • Tesco considering selling its stores in Thailand

    LONDON: Britain's biggest supermarket chain Tesco said on Sunday it had started a review of its businesses in Thailand and Malaysia, including looking at a possible sale.


    It said in a statement that "following inbound interest, it has commenced a review of the strategic options for its businesses in Thailand and Malaysia, including an evaluation of a possible sale of these businesses."


    "The evaluation of strategic options is at an early stage, no decisions concerning the future of Tesco Thailand or Malaysia have been taken, and there can be no assurance that any transaction will be concluded. A further announcement will be made if and when appropriate," it said.



    I wonder what the reason may be for Tesco to be thinking about selling its stores in Thailand ?






    https://www.bangkokpost.com/business...-possible-sale
    .

  • #2
    They've gone downhill, if ours in Nan is anything to go by.
    They were the only hypermarket on the outskirts of town 10 years ago, with a limited, but reasonable range of 'exotic' farang food.

    In recent years, the store changed its outlay and reduced the range, the competitors Big C and Makro seem to attract more customers and stock a wider variety of products.
    Originally posted by Ergenburgensmurgen;n186588
    What are you talking about, I don't post on Teakdoor.


    https://thailandchatter.com/core/ima...ies/giggle.gif

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    • #3
      Originally posted by serrollt View Post
      They've gone downhill, if ours in Nan is anything to go by.
      They were the only hypermarket on the outskirts of town 10 years ago, with a limited, but reasonable range of 'exotic' farang food.

      In recent years, the store changed its outlay and reduced the range, the competitors Big C and Makro seem to attract more customers and stock a wider variety of products.

      Looks like it now on the BBC

      https://www.bbc.com/news/business-50708728






      .

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      • #4
        They've been trying to sell out for at least the last two years. I thought CP was making an offer. Guess that fell through.
        I visited TC a few times as a guest but had to stop. It is a sickening place. - Aging One

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        • #5
          The Tesco Extra near me is doing very well. Only competition is a beat up Makro and a Tops (high end vittles) in a Robinson Mall.
          God, the panic within the Dems, MSM, and left must be horrifying...realizing that Joe is really the best they've got.

          Comment


          • #6
            Originally posted by serrollt View Post
            They've gone downhill, if ours in Nan is anything to go by.
            They were the only hypermarket on the outskirts of town 10 years ago, with a limited, but reasonable range of 'exotic' farang food.

            In recent years, the store changed its outlay and reduced the range, the competitors Big C and Makro seem to attract more customers and stock a wider variety of products.
            True.

            Comment


            • #7
              Originally posted by Somchai Boonporn View Post
              True.
              Obviously, it's where you live, eh?
              God, the panic within the Dems, MSM, and left must be horrifying...realizing that Joe is really the best they've got.

              Comment


              • #8
                Back to the real markets.

                Farang won't survive.
                Pussies.

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                • #9
                  Tesco Should Take the Money and Run

                  By Andrea Felsted Bloomberg https://www.yahoo.com/finance/news/t...105800332.html

                  Majestically enthroned amid the vulgar herd

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