Central Retail has revealed its Office Depot franchise generated sales of Bt2.8bn (£52m) in 2009.

Managing director Somchai Tawonrungroaj said that Office Depot’s key success factors were business expansion (two new stores opened during the year) and an increase in the number of private-label products sold.

Tawonrungroaj said: “For the business direction plan 2010, we have executed an investment budget of Bt170m (£3.4m) to open two new stores in Bangkok and another in other provinces and to facelift 18 existing stores.”