All Thailand articles – Page 2
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News
Central Retail to invest in domestic expansion
Central Retail will invest Bt1bn (£22.3m) in its domestic expansion this year.The cash will be used to open 12 to 15 shops under the Tops Market, Tops Super and Central Food Hall banners and 50 Tops Daily convenience stores.The company will also upgrade its IT and its customer relationship management ...
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News
Uniqlo plans to expand in Thailand
Japanese fashion retailer Uniqlo plans to increase its outlets in Thailand to 100 by 2021, from six boutiques at present, reported The Nation.The first location will be the Promenada Resort Mall in Chiang Mai.Eight to nine new Uniqlo outlets are scheduled to open in 2013, including four by August at ...
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News
Thai retailer CP All outlines growth plans
Thai retailer CP All has outlined growth plans for its domestic and overseas markets. It plans to boost investment and expand its 7-Eleven convenience store chain to China and neighbouring countries.In Thailand, CP All intends to spend between Bt6bn and Bt6.5bn (£128.1m to £138.7m) this year opening 500 to 550 ...
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AnalysisInternational analysis: Casino hopes to take top spot in Thailand with new stores
French retailer Casino has ambitious plans to triple its number of locations in Thailand by 2016, when it hopes to operate 1,250 stores.
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News
Convenience store operator CP All reports record net profit
Convenience store operator CP All has reported a record net profit of Bt2.9bn (£58.9m) for the third quarter ended September 30, up 33% year on year, thanks to higher sales as a result of a promotional campaign.CP All aims to open about 500 new 7-Eleven convenience stores in Thailand next ...
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News
H&M opens first store in Thailand
Swedish fashion retailer H&M has opened its first store in Thailand. The shop is in Bangkok at the Siam Paragon mall.The 34,400 sq ft shop stocks H&M’s complete range. The retailer plans to open two more stores in Bangkok. H&M in Thailand is operated by Hthai (Thailand).
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AnalysisAnalysis: Exploring international retail expansion
Retailers are increasingly exploring international expansion, but securing the right property portfolio abroad brings unique challenges. Gina Lovett reports on developments in key global markets.
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News
Big C reports second-quarter sales increase
Casino’s subsidiary Big C reported second-quarter sales up by 5% to THB27.75bn (£563m) year on year.The hypermarket operator’s net profit rose 27% to THB1.4bn (£28m) thanks to strong growth in rental and service incomes.Big C is still feeling the effect of last year’s floods, which forced it to shut some ...
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AnalysisOverseas growth: Why the VISTA countries are worth considering
Retailers eyeing overseas growth often look at the BRIC markets, but VISTA countries – Vietnam, Indonesia, South Africa, Thailand and Argentina – are worth considering.
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NewsTesco expects corporate responsibility competition to rise
Tesco has said corporate responsibility will an increasingly important tool in grocery competition this year for ethical and business reasons.
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AnalysisHow to attract international shoppers
As a big summer of tourism approaches, Alison Clements finds out why the UK has such appeal to international shoppers, what they like to buy and how retailers can attract them.
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NewsTesco moves UK operations head Robbins
Tesco chief operating officer Bob Robbins will move roles within the business just three weeks after it was revealed he sold stock ahead of a profit warning.
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News
CP All falls short of 2011 sales target
Thai convenience store chain CP All has said it expects to fall short of its 2011 sales target by between 1% and 2% because of the recent flooding in central provinces. However, the retailer is confident that sales at its 7-Eleven convenience banner will grow between 13% and 15% in ...
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News
PTT withdraws bid for Carrefour's Thai assets
Local energy giant PTT has reportedly withdrawn a bid for Carrefour’s Thai assets. Thailand’s largest energy company by revenue apparently faced opposition to the bid from “important stakeholders”, prompting it to ask its subsidiary, PTT Retail Management, not to participate, the company said in a statement.
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AnalysisBidding for Carrefour’s Far East assets gets under way
Carrefour collected first round bids last week for its assets in Singapore, Thailand and Malaysia. Tesco is viewed as a leading contender.
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News
Big C Q2 sales up 2.4%
Casino-owned Big C has announced that retail sales in the second quarter of 2010 were up 2.4% to Bt18.4bn (£370m) compared with the same period last year.Operating profit grew 12.7%, with net profit growing by 15.8% to reach Bt686m (£13.8m), compared with a net profit last year of Bt592m (£11.9m). ...
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AnalysisThailand exit likely as Carrefour rationalises
Carrefour has spread itself too thin and now, faced with ongoing pressure from shareholders to improve profitability, is on a path to divest non-core markets.
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News
Thai Office Depot franchise generated sales of £52m in 2009
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 ...
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News
Big C sales up 1.5%
Local grocery operator Big C has posted retail sales up 1.5% in 2009.Operating profit at the Casino-owned group jumped 19.8%, while net profit climbed 16.3% to Bt1.07bn (£21.8m) and net sales rose 1.1% to Bt68.06bn (£1.39bn).The retailer said the performance was driven by better purchasing conditions, cost savings and the ...
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News
Cencar expands loyalty programme
Carrefour’s operator in Thailand, Cencar Co, is stepping up its customer loyalty and retention programmes to better compete with rivals Tesco Lotus and the Casino-owned Big C chain.The retailer has dedicated THB50m (£937,894) towards the “Carrefour Month 2009” campaign, which will reward loyalty cardholders with discounts at 37 stores ...
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