TOKYO -- Japanese convenience store operator Lawson will expand its footprint in the Philippines to about 500 stores by 2024, a tenfold increase from the roughly 50 currently open as its pushes forward with an aggressive overseas expansion.
The expansion is being made possible through a partnership Lawson struck with local conglomerate Ayala Corp., specifically the operational tie-up with a logistics group company. Lawson is also considering collaborating with Ayala's online retail business, such as contributing convenience stores to be used as product pickup depots.
