Apr 5, 2012

Lawson looks to open outlets in Myanmar

Convenience store chain Lawson Inc. plans to open outlets in Myanmar, company sources said Thursday.

Lawson officials in charge of overseas operations will visit the country next week to hold talks with several key local retailers to choose a business partner, the sources said.

Lawson hopes to open the first store, which would be the first Japanese convenience store in the country, by the end of this year, according to the sources.

It plans to operate in populated, commercial cities such as Yangon, Myanmar's largest city and former capital. Initially, it is unlikely to seek a joint venture with a local partner and will grant a license for the stores.
The company intends to open 100 stores over the next three years, the sources said.

Myanmar's democratization will help the company increase the number of outlets, an official said.

Source: Jiji Press