Berli Jucker news

The Thai Retailer takes over 18 Kiwi Mart stores in order to appeal to a larger pool of customers. Acquiring Kiwi Mart in Cambodia In a strategic move to expand operations in ASEAN, the superstore acquires 24 hour convenience retailer, Kiwi Mart, majority of who’s stores are located in Phnom Penh. This will enable Big C to be closer to Cambodian shoppers, who have a rising purchasing powe...

Retailers in Asia have been revamping their loyalty programmes in the last year. We review two retailers’ programmes and the key changes they have made. Big C Thailand: Big Card to Big Point Big C Supercentre is rebranding its customer relationship management (CRM) programme to attract more shoppers. According to Big C, having a loyalty programme has become the second most important factor ...

Thailand retail sales were hit by lockdown in July and August. Consumer Confidence Index declined to lowest in August 2021 and GDP growth revised down to -0.5% according to Thai Chamber of Commerce. Berli Jucker’s Big C reports -4.6% decline in Q3 2021 vs Q3 2020 Retail sales for Q3 declined to THB22,805m (US$683m), a decrease of THB 1,094m (US$32m) driven by negative same store sales. Non-...

The COVID-19 situation in Thailand has deteriorated and impacted sales in Q2 2021. As the third wave is more difficult to control, retailers expect that further restrictions in July will dampen results in Q3 2021.  Consolidated revenue for Berli Jucker (BJC) dropped -3.9%, driven mainly by retail sales decline BJC has reported a drop of THB3,296m (US$98.7m) or -12.8% for its Q2 retail sales...

Retailers report poor performance in Q1 2021 due to the high base in Q1 2020. Thai stores were still operating as normal in January and February in 2020. Most of the retailers also benefited in March 2020 when shoppers started stockpiling before the first lockdown. Q1 2021 affected by new waves of infection Thailand is fighting a third wave of infections, the worst after a year of relativel...

Major retailers, Central Retail, Berli Jucker and CPALL, report revenue declines for FY2020. COVID-19 well controlled in Thailand The spread of COVID-19 was under control until the third quarter of last year. A new wave of increased daily cases started in mid-December, impacting year-end festivities. The government imposed an array of restrictions by province to avoid a national lockdown an...

Big C launches a campaign to offer 10-40% discounts on 25% of essential goods at more than 1,600 Big C stores. Prices are top of shoppers’ minds Besides cutting prices on essential goods, the retailer will also cut prices of 14 food items on the menu at food courts by 50%. Pattaphong Iamsuro, Chief Commercial Officer of Big C Supercenter, said, "consumer spending power has not returned to p...

Big C's sales declined by 6% year-on-year for the half of the year, as non-food retail areas were closed and hours were limited due to night-time curfew. The retailer is making plans for the future to return to growth and prevent further business disruptions. Strategies for adapting to new normal The retailer has listed four priorities for growth post the crisis: Product assortment: f...

BJC’s consolidated revenue for Q2 2020 reached THB38,604 (US$1,239m), declining by 13.2% due to lower sales across most of its segments except healthcare. Grocery retail segment was also adversely impacted due to COVID-19 measures. Grocery retail sales decreased by 11.7% BJC recorded sales of THB25,698m for its grocery retail business, a drop of THB3,292m (US$106m) or -11.7%. Same-store-sal...

Berli Jucker Plc (BJC), the operator of Big C, plans to allocate THB8-10bn (US$254m-US$318m) this year to expand its business. Investment focus on Big C Supercenter Rami Piirainen, Vice-President for investor relations, said about 70% of the budget will be used to expand the business of Big C Supercenter this year, and the rest for its other businesses. Three Big C hypermarkets will be open...