BANGKOK -- Japanese convenience store chain FamilyMart will withdraw from Thailand after its franchise agreement with local retailer Central Group ended in late May, opening the door for rival 7-Eleven to tighten its grip on the market.
Retail
Japan's FamilyMart exits Thailand as 7-Eleven's dominance grows
Chain's 200 stores will be converted into Tops Daily small supermarkets
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A Thai FamilyMart shop in 2020. The Japanese convenience store brand will disappear from the market where it debuted in 1993. (Photo by Marimi Kishimoto)
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