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Thailand’s Pace Corporation, the firm responsible for bankrupting its gourmet grocery business Dean & Deluca earlier this year, has bid US$10 million to buy back the firm. The firm has offered to use half of the investment as a gesture towards creditors, owed…
Thailand’s Pace Corporation has finally filed for the bankruptcy of its Dean & Deluca US business after all of its North American stores were shuttered last year. According to documents submitted with the filing, Dean & Deluca US has liabilities as high as…
The CEO of embattled food retailer Dean & DeLuca is promising a massive store rollout in Asia at the same time as unpaid suppliers suspend deliveries to the brand’s remaining US stores. Sorapoj Techakraisri, CEO of Dean & DeLuca’s Thai owner Pace Development,…
Thai-owned New York deli concept Dean & Deluca has made its Malaysian debut at Pavilion in downtown Kuala Lumpur. Officially opened yesterday, the store is expected to attract shoppers with a premium cafe and restaurant offer, along with packaged foods to go.…
Thailand’s Central Group is set to acquire the Dean & Deluca chain of deli-cafes outside the US from Thai luxury property developer Pace Development for US$50 million. The deal is in the due diligence process, says Pace, which acquired the chain through its…
Dean & Deluca Macau will launch its debut fine-food cafe in The Promenade Shops inside the Galaxy. It will be serving grab-and-go items as well as signature retail goods. The menu will include roast beef and caramelised pumpkin multi-grain sandwich, spicy…
Thai-owned cafe and deli chain Dean & Deluca has expanded, opening a new outlet on Silom’s Soi 1. Decorated in the signature style of cafe and pizzeria, the branch offers crafted beverages including beer and wine, as well as pizza and sandwiches. Just a few…
After a Bht 4000 million (US$113 million) overhaul, Siam Discovery will re-open in Bangkok this month as a self-described “hybrid retail development”. As well as Thailand’s largest lifestyle speciality store, the complex will feature an “arena of lifestyle…
