BANGKOK -- CP All, the listed retail arm of Thailand's largest conglomerate Charoen Pokphand Group, has secured a license to operate 7-Eleven convenience stores in Laos, aiming to exploit a growing retail market in the landlocked Southeast Asian country.
CP All's newly-incorporated Lao subsidiary CP All Laos on Friday entered into a master franchise agreement with Texas-based 7-Eleven, a wholly-owned subsidiary of Seven-Eleven Japan, to operate the convenience store chain in Laos for 30 years.
