Myanmar's City Mart ramps up expansion of convenience stores

Retail group goes on the offensive with minimarts to capture young customers

20240226N Myanmar City Express

City Express added 31 locations last year, bringing the chain to 125 stores nationwide. (Photo by Nikkei)

Nikkei staff writers

BANGKOK/YANGON -- Myanmar's City Mart Holdings has embarked on an ambitious expansion of its convenience store business, taking advantage of the opportunity afforded by the vacuum left after stagnant investments by foreign multinationals.

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