FOOD SUPPLEMENTS
Scotch puts retail plan on hold amid high competition
- Published: 14 Dec 2012 at 00.00
- Newspaper section: Business
Scotch Industrial (Thailand) Co, the producer of Scotch bird's nest food supplements, has suspended its plan to develop a new shopping project due to intense competition in the retail market.
Marketing director Sompoch Chawanvejakul said many big players in the retail and property sectors are expected to develop projects next year because of the better economic outlook.
More importantly, the company does not have enough retail expertise as its core business is related to manufacturing and healthy food, he said.
This article is older than 60 days, which we reserve for our premium members only.You can subscribe to our premium member subscription, here.
