Gourmet Market to open at Bangkok subway station
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Working with Bangkok Metro Network (BMN), The Mall Group will open a Gourmet Market at Lat Phrao subway station.
The MRT serves more than 240,000 passengers each day, with the Lat Phrao station being a key transit point with a large parking lot.
The outlet is the fourth outside the group’s shopping complexes as the retailer seeks to position stores that can capture more passing trade. It is in the park-and-ride area of the Ratchadaphisek Road station and is set to open in September.
Group executive VP Chamnarn Maytaprechakul says the collaboration is part of the company’s transformation to provide its services through different channels.
“The three Gourmet Market outlets that already sit outside our complexes have received a warm welcome from customers, and we predict they will thrive with double-digit sales growth, compared with the single-digit growth of our stores inside malls.”
Its established Gourmet Market outlets can be found in Terminal 21 at the Asok intersection, in The Promenade shopping complex on Ram Intra Road, and in The Crystal SB Ratchapruek community mall.
Other business opportunities being explored by The Mall Group include delivery service, online shopping and e-payment.
Questions & Answers
Q.Which company is partnering with The Mall Group to open this new Gourmet Market?
Which company is partnering with The Mall Group to open this new Gourmet Market?
The Mall Group is working with Bangkok Metro Network (BMN) to open the Gourmet Market at Lat Phrao subway station. This collaboration is part of their strategy to expand services through different channels.
Q.What is the expected sales growth for Gourmet Markets located outside shopping complexes?
What is the expected sales growth for Gourmet Markets located outside shopping complexes?
The company predicts double-digit sales growth for these standalone Gourmet Market outlets. This is a higher projection compared to the single-digit growth expected for stores situated inside traditional malls.
Q.What other business opportunities is The Mall Group currently exploring?
What other business opportunities is The Mall Group currently exploring?
Beyond opening new physical locations, The Mall Group is also exploring various other business opportunities. These include developing a delivery service, expanding online shopping options, and introducing e-payment solutions for customers.
Q.Where are the existing Gourmet Market outlets that are not within The Mall Group's main complexes?
Where are the existing Gourmet Market outlets that are not within The Mall Group's main complexes?
The existing Gourmet Market outlets outside the main complexes are located in Terminal 21 at Asok intersection, The Promenade shopping complex on Ram Intra Road, and The Crystal SB Ratchapruek community mall.