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7-Eleven Signs Master Franchise Agreement for Cambodia


geovalin

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Global retailer anticipates first c-store will open in Phnom Penh in 2021

 

IRVING, Texas — 7-Eleven Inc. has signed a master franchise agreement with CP ALL (Cambodia) Co. Ltd., an indirect subsidiary of CP ALL Public Co. Ltd., to develop and operate 7-Eleven stores in Cambodia.

 

The companies expect the first Cambodian 7-Eleven-branded c-store will open in Phnom Penh in 2021. The master franchisee plans to build stores, modernize the small-format environment and bring greater convenience to shoppers.

 

In 1988, CP ALL was established to operate 7-Eleven stores in Thailand under an exclusive licensing agreement with 7-Eleven Inc. The first Thailand 7-Eleven store opened in Bangkok in 1989, and CP ALL now operates nearly 12,000 stores in the country, its count second only to Japan.

 

read more https://www.cspdailynews.com/company-news/7-eleven-signs-master-franchise-agreement-cambodia

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Booo!!  Cambodia has lots of its own minimarts. And plenty of them sell more than the usual <deleted> that 7s sell. And many of them have seating areas where people can happily drink coffee or beer and socialize.  Who wants them locusts at 7/11 taking over everywhere.

Edited by Ketyo
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They aren't needed in Siem Reap, but in areas of Phnom Penh they'd be ok. What I see as someone who splits time between the two countries' is Cambo trying to mimic everything Thailand has done thinking it'll bring success.

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