GS Retail's (KRX:007070) convenience store brand GS25 has expanded to Hanoi, simultaneously opening six stores across key districts on Friday, Pulse News reported Monday.
These new stores are situated in Hanoi's Ba Dinh, Hoan Kiem, Dong Da, and Cau Giay districts. GS25, which debuted in Vietnam in 2018, aims to expand to 700 stores nationwide by 2027, the report said.
Shares of GS Retail fell nearly 1% in recent trade on Monday.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)