Aeon (Thailand) Co, the operator of the MaxValu supermarket chain, will spend around 300 million baht on outlet expansion next year.
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| Because the minimarkets cover as little as 300 square metres, it’s easier for Aeon to find good sites in neighbourhoods all over the city, especially near masstransit lines. |
The company plans to open 20 new MaxValu Tanjai mini-supermarkets next year, bringing its total to 40. Each requires an investment of 8-10 million baht.
At the same time, it will open two or three MaxValu supermarkets in the original format, bringing the total to 15 or 16. A MaxValu of 1,000 to 2,000 square metres costs around 30-40 million baht to develop.
Once five new mini-supermarkets are opened in an area, a larger MaxValu supermarket will be built nearby to provide logistical support to the smaller outlets.
