Thailand Retail

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The decision by yet another major player in Thailand’s retail industry to go ahead with an initial public offering (IPO) has fuelled speculation that the sector could be bouncing back from a challenging year, although smaller, independent stores are still struggling to overcome a slump in sales.
Having posted sales increases of up to 15%, Thailand’s retailers are looking to build on the strong performance of the past year as they look ahead into 2011. Concerns over lingering political tensions and instability in the global economy, however, could tone down the ringing of cash registers in 2010.

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