7-Eleven, Inc. continues to expand its presence globally, with a planned entry into Laos. The world’s largest convenience retailer has signed a master franchise agreement with CP ALL LAOS CO., LTD, a company under CP ALL Public Company Limited, to develop and operate 7-Eleven® stores in The Lao People’s Democratic Republic.
Laos will be the 20th country where 7-Eleven stores operate or will operate soon. Other countries and/or regions include the United States, Canada, Mexico, Japan, Thailand, South Korea, Taiwan, China (including Hong Kong), the Philippines, Australia, Singapore, Malaysia, Viet Nam, United Arab Emirates, Norway, Sweden, Denmark, India and Cambodia.
“With its remarkable success in Thailand, I can think of no one better than CP ALL to bring the 7-Eleven brand to consumers in Laos,” said 7-Eleven, Inc. President and CEO Joe DePinto. “This relationship promises to bring additional jobs and economic opportunities throughout region.”
CP ALL has successfully operated 7-Eleven stores in Thailand for more than 30 years, and the brand has become part of popular Thai culture. The stores there serve as one-stop destinations for beverages, snacks, ready-to-eat meals, financial services such as banking and bill payment, digital technology and delivery – all which the company plans to replicate for Laotian customers.