Thailand’s CP Group will launch 7 Eleven Cambodia next year after winning the franchise rights for the country.
CP Group, which operates 7-Eleven in Thailand, will run the business via its local subsidiary. The first outlet is expected to open in Phnom Penh.
According to reporting in Nikkei, CP will be responsible for all business strategy and distribution activities of 7-Eleven Cambodia, and will bear the right to use the brand logo and signage.
The operation will also include groceries sales along with some banking and delivery services.
With 12,000 outlets, Thailand is the second-largest market for 7-Eleven after Japan.
Founded in 1927 in Dallas, Texas, 7-Eleven is now owned by Japanese retail group Seven & I Holdings.