German retailer Metro AG has paid $290 million to buy Singapore restaurant supplier Classic Fine Foods Group from private equity owned EQT. CFF operates in 25 cities, including Singapore, Dubai, Hong Kong, Bangkok, Kuala Lumpur, London, Ho Chi Minh City and…
Luxury shoe brand Jimmy Choo has marked the opening of its newest Bangkok store with the release of a ‘Candy bag’ featuring a tuk tuk. “Like the London Taxi, the tuk tuk is an icon of the city. It has a unique warmth and eccentric charm all of its own,” Jimmy…
Kiwifruit marketer Zespri has been rolling out the launch of its SunGold variety across a range of export markets this year, and Thailand has witnessed an energetic campaign. The introduction of the new variety has been supported by a robust programme of…
The Thai government has expressed its gratitude toward store owners for keeping prices of every item at an affordable level until November this year. Deputy Spokesperson to the Prime Minister’s Office, Major General Sansern Keawkamnerd has revealed that the…
Thai products can be seen everywhere, gradually replacing cheap Chinese low-quality goods on supermarkets’ shelves and at pavement shops. “In the past, Chinese motorbike accessories flooded the domestic market, but 70-80 percent of the products available in…
Even though Japan’s convenience store sector faces numerous challenges, the country’s second-largest operator, Lawson, plans to open another 450 stores this year, the company’s CEO has revealed. Genichi Tamatsuka said there are 55,000 convenience stores in…
South Korean conglomerate Lotte is to open a “major downtown duty free store” in Bangkok. Lotte has confirmed the new store will open in early 2016. The location has not yet been revealed. Retail News broke news of the plan last week, reporting the store…
Thai retailers have cut their growth forecast for 2015 by nearly half, citing economic conditions and the drought. Last year’s Thailand’s retail growth was 6.3 per cent despite widespread protests, a military coup and curfews. But this year, with the nation…
BuckleyGrayYeoman has designed a new store concept for Fred Perry in Asia. The new Bangkok flagship is one of the star tenants of the newly opened EmQuartier shopping centre developed by The Mall Group. The store is the second BuckleyGrayYeoman designed in…
GrabBike – a part of GrabTaxi – is an on-demand service for motorcycle taxis. GrabBike is officially launching in Bangkok on August 5th, which makes Thailand the third country on GrabBike’s expansion across Southeast Asia, after Vietnam and Indonesia. However…
Thai-based brewery restaurant chain Tawandang is planning further expansion at home and abroad as its concept gains favour with consumers. There are currently three Tawandang Germany brewery restaurants operating in Bangkok, with a third scheduled to open on…
Thailand’s e-commerce sector is expected to see continued strong growth, of 30-35 per cent this year. More and more players are getting into the e-commerce game, such as online merchants, payment-service providers, order-fulfilment providers, tech start-ups…
Among the small circle of mall developers in Bangkok, the default motto has been “the more, the better”. In a city already teeming with over 120 malls, International property consultant CB Richard Ellis says one million square metres of retail space is…
A consortium of Lao and Thai investors is building a shopping and hotel complex in Laos’ largest city, Vientiane as the two nations prepare for the new Asean Economic Community. The US$290 million project will be built on a 32 hectare site in downtown…
Both parties are also ready to jointly develop payment channels and other innovative services in a bid to assist Thai investors in Laos. Suwat Techawatanawana, KBank’s first senior vice president, said Aeon Leasing Service (Lao) had been granted…
Teddy’s Bigger Burgers Thailand is to open its first outlet in Bangkok on July 16. Thailand marks the third Asian market for the Hawaii-based chain, which has appointed Go Go Restaurants as its local partner for an initial eight year term. Ten stores are…
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.
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