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Soon after Britain’s Tesco abandoned its retail business in Thailand and Malaysia in early 2021, its buyer, Thailand’s Charoen Pokphand Group, merged it with its Siam Makro wholesale arm. The retail and wholesale businesses accounted for a roughly even split of the company’s 219.6 billion baht ($9.4 Harnessing the synergies.
Meanwhile, others are returning to a more traditional wholesale approach to increase their visibility in the eyes of consumers. It takes investment, put towards everything from logistics and supplychainmanagement, to creating great customer experiences and hiring the necessary talent.
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