Retail Market in Thailand
10 pages (2500 words)
In 2003, there were a total of 380,000 retail outlets in Thailand, of which 296,000 were food retailers and the remaining 84,000 were non-food retailers. Total retail sales area in the similar year stood at 85.53 million square metres. The meaning of the retail trade in Thailand is obvious when it is seen that though employment in retailing engaged 4,985,000 people, or 14.3% of total employment, it accounted for 69.1% of total consumer expenses on goods (Barry Wilson, 2004).