MaxValu's 30 supermarkets are closing their brand and reopening as Tops from 16 October 2026. Clearance of up to 70% runs 1-6 October, or until stock sells out. For a Thai supplier, this is a change of buyer and brand, so check which entity now pays your invoices and confirm listing and delivery terms with the new operator. Its parent, AEON (Thailand), reported net losses of 265 million baht in 2025 after revenue fell from 5.6 billion to about 4 billion baht, which signals a tough retail market for suppliers.