Reporting and analysis on retail, e-commerce, and consumer trends in Thailand, updated continuously by our newsroom.
With tumbling oil prices expected to bolster private consumption, last month’s contraction in consumption came as a surprise, says a senior Bank of Thailand official. The high level of household debt and falling farm prices were to blame, said Roong…
Tiffany & Co heads a list of major international brands confirmed as tenants of The Mall Group’s massive new development in the heart of Bangkok. The Mall Group is creating The EM District on Sukhumvit Rd, comprising three projects – The Emporium, The…
Platinum Group, the parent of the popular Platinum wholesale fashion mall in Bangkok’s downtown Pratunam district, is to launch an IPO. The group plans to raise 8 billion baht (US$247 million) through the issue of 700 million new shares. A book-building…
Mobile phone sales, supermarkets and a turnaround in the performance of discount department stores all helped to underpin the half-year results for the Australian retail landlords Federation Centre and Charter Hall Retail REIT. Both landlords own shopping…
Thailand’s retail company CP All Plc has earmarked THB14 billion (USD432.6 million) to expand its convenience and cash-and-carry store operations this year on the back of economic recovery and high consumer spending power. Of the total budget, THB9 billion…
KFC Thailand says it plans to open 55 new outlets in 2015 and refurbish another 20 as it aims to boost its share of the nation’s fast food market. According to a report published by the Bangkok Post newspaper, KFC will boost its capital spending by 20 per…
Thailand-based Central Department Store Group has opened its first department store in the Indonesian capital Jakarta. With 9.5 million inhabitants, Jakarta is the largest city in Southeast Asia and Central’s commitment to the city reflects the company’s…
Thailand’s retail industry is expected to grow by 5-10 percent this year from THB1.55 trillion (USD47.6 billion) last year as local consumption recovers. Suwit Kingkaew, a senior vice-president of CP All Plc, operator of the 7-Eleven convenience store chain,…
Online video is predicted to be the next big thing in online communication tools to promote brands, thanks to the high penetration of budget smartphones and on-the-go lifestyles. Arpapat Boonrod, managing director of global media research company TNS…
Thailand’s largest retail conglomerate, Central Group, plans to invest USD1.14 billion this year, expanding at home and in Southeast Asian neighbours by opening new malls to tap into cross-border trade and lining up acquisitions. Controlled by Thailand’s…
Traditional Thai retail businesses are expected to stay afloat, but their market share is likely to drop over the next five years as e-commerce proliferates.
Aeon (Thailand) Co, the operator of MaxValu supermarkets, has announced plans to speed up expansion in Thailand by increasing its number of stores to 500 by 2020. The company, which now operates 76 outlets in supermarket and mini-supermarket formats, is…
The Thai economy may not have fully recovered, but a survey shows locals still plan to celebrate Valentine’s Day on Saturday, the same as lovebirds scattered around the world. This year Thais are likely to be more cautious with their spending, said Thanavath…
Thailand plans to reintroduce its initiative to cut consumer prices after the seven-day campaign last 24-30 Dec as part of a New Year gift to the public proved a great success. The new campaign could be held in May and might be extended to 10 days, Commerce…
As speculation mounts over the future of its Asia business units, a bid for Tesco Thailand has reportedly been rebuffed. As reported in November, Thai billionaire Dhanin Chearavanont prepared a speculative bid by his company Charoen Pokphand Group (CP) to buy…
The Mall Group, Thailand’s second largest retail group, will spend more than THB2 billion (USD61.3 million) to stimulate consumer spending and boost sales to reach THB53 billion (USD1.63b) this year. Executive vice-president Chamnarn Maytaprechakul said that…
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