Aeon (Thailand) Co, the operator of MaxValu supermarkets, has announced plans to speed up expansion in Thailand by increasing its number of stores to 500 by 2020.
The company, which now operates 76 outlets in supermarket and mini-supermarket formats, is expected to open 15 more outlets this year.
General manager Keiji Ono said Aeon would spend THB300-400 million (USD9.2m-USD12.3m) to add new stores and modernise some outlets.
