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Thailand's CP Group to open first 7-Eleven store in Laos in 2022

Leading conglomerate expands its retail business in neighboring ASEAN countries

CP All operated about 12,000 7-Eleven stores in Thailand as of June, making the company a clear leader in the industry. (Photo by Akira Kodaka) 

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.

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