PTT Oil and Retail Business Says Goodbye to Texas Chicken

PTT Oil and Retail Business Public Company Limited (OR) has announced the closure of all Texas Chicken branches in Thailand by the end of September 2024.

According to Mr. Disthat Panyarachun, Chief Executive Officer of OR, the decision to close Texas Chicken branches was made after careful consideration of various factors to ensure the best possible outcome for the business.

The company is currently reviewing and improving its investments in various businesses to ensure they align with its current situation and future goals. OR is also exploring new business opportunities, particularly in the lifestyle and food and beverage sectors, to meet the evolving needs of modern consumers.

OR is confident that this strategic adjustment will drive sustainable growth and returns for all stakeholders, in line with its vision of becoming a lifestyle leader. The company is committed to developing a sustainable business that benefits all parties involved.

A message on the Texas Chicken Thailand page announced the closure of all branches by September 30, 2024, thanking customers for nine years of memories and inviting them to create lasting memories before the closure.

Key Takeaways

• PTT Oil and Retail Business Public Company Limited (OR) is closing all Texas Chicken branches in Thailand by September 30, 2024.
• The decision was made to ensure the best possible outcome for the business and drive sustainable growth.
• OR is reviewing and improving its investments and exploring new business opportunities in the lifestyle and food and beverage sectors.