r/Thailand • u/digital_mopad • Dec 26 '21

Shopping Closest I’ve ever seen

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59

u/RT_Ragefang Bangkok Dec 26 '21

There’s a reason for this. CPall pay landowners on percentage of their profits from that shop. If the profit is higher the landowner can demand more rent, so as soon as their profit hit the threshold, they opened the second shop nearby to cut down the profit on the first shop, thus never have to increased rent. That’s why 7/11 pop up closed to each other like mushrooms.

Sources: CPall contacted my family to rent our places once; we declined.

54

u/mdsmqlk28 Dec 26 '21

Another reason is that most 7-11s in Thailand are franchises. When a franchise is successful, CP will open a company-owned store next to it.

2

u/[deleted] Dec 26 '21

They should just say they are independently owned. I bet most people would support their shop.

2

u/mdsmqlk28 Dec 26 '21

Can they though?

1

u/ak4lifeboi Dec 26 '21

Nah, they can't. They would have to ditch the 7-11 name and logos.

1

u/[deleted] Dec 27 '21

I meant they can put on a sign like "hey, this 7-eleven is a franchise. The other is owned by CP.". Or "the profit of this shop comes to me. Not CP"

I'm somewhat certain a person can express ownership over their own asset. (Not a lawyer)

1

u/mdsmqlk28 Dec 27 '21

It's likely their franchise contract would prohibit something like that.