When Dhanin Chearavanont faced financial stress after 1997, one of the assets he sold down was Siam Makro, a joint venture with Holland's SPV Holdings. Now Thailand's richest businessman, who heads the CP Group, an agribusiness conglomerate, has...
The Thai operator of 7-Eleven convenience stores, owned by the billionaire Dhanin Chearavanont, said on Tuesday that it would pay more than $6 billion to acquire the discount retailer Siam Makro in the biggest takeover announced in Asia this year.
Attention Wal-Mart (WMT), Target (TGT), and Macy’s (M): Discount retailer Dollar General (DG) is fast evolving into a one-stop shopping store for value-seeking shoppers, and as unlikely as it might seem, it aims to pierce your tightly knit group.
Sales at South Korea's top department and discount stores in February grew simultaneously in annual terms for the first time in 11 months, preliminary data showed on Thursday, rebounding from record declines a month earlier.
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