Bangchak, Spar team up for 300 stores by 2020

Bangchak Petroleum Plc has tapped Spar International, a Dutch multinational retailer, to run convenience stores at Bangchak petrol stations under the Spar Fresh & Easy Food Market brand.

President and chief executive officer Chaiwat Kovavisarach said Bangchak had set aside about 3 billion baht to open up to 300 shops by 2020. Half of them would be located at Bangchak petrol stations, while the rest would be a stand alone shops located in metropolitan areas and commercial buildings.

The size of the Spar shops at petrol stations will be around 300-square-metres. They will be merged with Bangchak's existing shops such as Inthanin Coffee and Lemon Kitchens.

"From now on motorists will not only be able to refuel their tanks, but their refrigerators as well," he said. Over the last several years, Bangchak has teamed up with Big C and now operates at 160 branches nationwide.