Are we losing Tesco in Thailand?

[Baz The Fraz]

Don’t you just hate unverified rumours?
The latest for me is ‘Tesco is leaving Thailand’...............Well at least that’s what I heard.
So, does anyone have any concrete facts on this topic?

[Faraday]

Just did a search on this & saw a header from the FT saying Tesco's are 'pulling their bulk business ' here.

However, I couldn't open the page unless I paid for a subscription.. .

[macca46]

They are in the process of major reno. at the old store at Nong Khai junction place is a shambles very little farang food available plus it has had a repaint out side who knows?

[tutone]

https://www.ft.com/content/5499cf8c-526 ... 7009366969

[Brian Davis]

Staff at the old Nong Khai junction Tesco told me the work going on was "creation of a new mall" , no more than that but ??????

[macca46]

That would make sense looking at the situation they have shrunk the store cash registers will be moved back and more retail shops to be built in there place.

[tamada]

Since at least 2014, there have been persistent rumors, all ultimately unfounded, about the Thai joint-venture's imminent demise based on the UK parent company consistently hiving off other parts of their international and regional business joint-ventures and investments.

After Tesco shuttered the bulk sales unit of their Thai business only 4 months ago, I think the rumor mill is in overdrive again.