Swedish furniture and homewares retailer Ikea wants to ramp up its Southeast Asian store rollout. The next two markets in its sights are the Philippines and Vietnam. But in some key markets, finding suitable locations for its large format stores is proving a…
Bangkok’s Future Park Rangsit mall opened its much-anticipated extension Zpell on Friday. But disappointingly, despite its opening a large number of tenancies are still incomplete. Mall management told Inside Retail Asia a more formal opening is planned when…
The Bankok retail market is now the most competitive it has ever been, with the expansion by retail developers in the central business district (CBD) and suburban areas. The entry of new local and international retailers, combined with a challenging economic…
Lazada, Southeast Asia’s largest online shopping website, is pushing its business development in Thailand in a drive to capitalise on the lucrative and rapidly growing e-commerce market. The company has set up two subsidiaries: Lazada Express, the logistics…
Royal Enfield, when not posting stupendous growth figures in the Indian two-wheeler market, continues to rapidly add to its small but expanding export presence. The Chennai based brand presented its products at the Bangkok Motorcycle Show and announced plans…
Bank fees will undergo changes in the near future to better reflect the actual costs of banking, and may pave the way for Thailand becoming a cashless society. According to Veerathai Santiprabhob, Bank of Thailand governor, the current bank fee structure is…
Hong Kong headquartered watch retailer City Chain plans to close more stores as sales slid 12.1 per cent and profits crashed by 86.4 per cent in the first half year to just HK$15.7 million. Parent Stelux says turnover was “sluggish” in Hong Kong, Macau and…
A new Valentino Bangkok boutique has opened in the upmarket Emquartier shopping centre on Sukhumvit. The store has 380 sqm of floor space in what the fashion brand describes as “a one-of-a-kind brand experience” which “caters to an elite clientele, serving…
The new face from Thailand on the Vietnam stock market is Ton Poh Thai Fund – an investment fund that purchases shares through transactions on the bourse. As of October 31, Ton Poh Thai Fund had net assets of about $135 million. Last year, the profitability…
The Thai e-commerce market is forecast to grow 3.65 per cent from 2.03 trillion baht ($56.66 billion) in 2014 to 2.1 trillion baht ($58.61 billion) this year, according to the Electronic Transactions Development Agency (ETDA). The ETDA’s survey cites that top…
Nestle SA, among the biggest food companies in the world, launched the investigation in December 2014, after reports from news outlets and nongovernmental organizations tied brutal and largely unregulated working conditions to their shrimp, prawns and Purina…
Siam Synergy, led by MBK Public Company Limited, Siam Piwat Co., Ltd., and the Siam Square Business Group, announced in a press conference that a series of New Year’s activities will be held under the concept “THE PRIDE OF BANGKOK, THE TREASURE OF THE WORLD”,…
Future Park Rangsit Mall opens its much-anticipated extension this Friday (November 27) making it Bangkok’s largest shopping destination. At 600,000 sqm it is a full 20 per cent larger than the Siam Paragon in downtown Bangkok, which checks in at 500,000 sqm,…
Thailand’s aviation industry has been downgraded for safety reasons in the US, leading to the possibility of bans on Thai-registered aircraft in Europe and Asia. The Federal Aviation Administration (FAA) reassessed the junta-ruled nation’s air services in…
Southeast Asia’s latest mobile consumer-to-consumer (C2C) marketplace, Shopee, has officially launched in Indonesia, offering users an easy-to-use mobile application to browse, shop and sell. The platform was soft-launched in June 2015 in countries including…
The Swiss hotel management company Mövenpick Hotels & Resorts will bring its unique international standards to Na Jomtien in Pattaya with the opening of Mövenpick Siam Hotel Pattaya on 15 December 2015. Owned by Siam Motors Group, Mövenpick Siam Hotel Pattaya…
Retail Academy: Thailand
Free background guides on how retail works in this market.
A mature, highly organised retail market where a handful of groups control the best space, tourism moves the numbers, and convenience density is world-class.
Who the landlords are, how leases are structured, what drives rent, and how to choose a location in Thailand.
Asia Market Guides · 8 min read
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