CP Group news

19 May 2020
Retailers in Thailand are responding quickly to shoppers’ concern at their stores, while looking after their employees. The broader context for Thailand Thailand reported its first COVID-19 case in January but had been recording low numbers in new infections. This started to change on 15 March as a few large clusters were identified in Bangkok and the number of cases increased. The Thai gov...
08 May 2020
The first Makro store with a sales area of more than 7,000 sq.m. has opened in Yangon, Myanmar. Store opened on 22 April The wholesale store is targeting food retailers, hotels, restaurants and catering service companies. It carries 10,000 different types of fresh food, dry food and non-food products. There is a limit of 250 visitors at any time to avoid overcrowding due to the COVID-19 pan...
08 May 2020
7-Eleven has signed a master franchise agreement with CP ALL (Cambodia) Co. Ltd, a subsidiary of CP ALL in Thailand, to develop its stores in Cambodia. First 7-Eleven in 2021 CP ALL will build and operate the stores to modernise the retail environment and bring greater convenience to shoppers. The first 7-Eleven stores in Cambodia will be ready in 2021. It will have popular products, bevera...
09 March 2020
Tesco has announced that it has reached an agreement with CP Group with respect to the sale of its Asian business that values it at $10.6bn (£8.2bn). In a statement, Dave Lewis Group CEO said "Following inbound interest and a detailed strategic review of all options, we are announcing today the proposed sale of Tesco Thailand and Tesco Malaysia. This sale releases material value and allows us...
07 February 2020
Tesco's Asian business has attracted significant interest from powerful Thai businesses. Three three major family conglomerates are understood to have made bids for the retailer's operations in Thailand and Malaysia, according to reports in the Financial Times. Three bids on the table The bidders are reported to be: Charoen Pokphand (CP Group) , the diversified business that owns Tha...
01 April 2019
Mr Yuthasak Phumrasakul, Senior Executive Vice President of CP All and founder of 7-Eleven stores in Thailand, reveals a range of ready meals created by Iron Chef Thailand under its Ezygo private label. Partnership with three chefs Chef Pom-Thanarak Chuto, Chef Kai-Thananya Khaikaew and Chef Art-Prasopchoktrakun have been invited to create 12 delicious dishes and desserts. These three chefs...
22 February 2019
CP ALL, the Thai operator of convenience chain 7-Eleven and wholesale business Siam Makro, reported total revenues of THB 527.9 bn (US$ 16.9bn) last year. Total profit recorded 7.8% growth over the previous year, due to improved performance from both 7-Eleven and Siam Makro’s businesses. Expansion of 7-Eleven key to growth 7-Eleven store sales gained 10.8% to THB 30bn (US$ 959M) compared to...
30 October 2018
Guaranteed next day delivery of letters and parcels. 7-Eleven launches Speed-D express delivery Starting from today, you can get your mail delivered at more than 3,000 7-Eleven stores in Bangkok. The service is a joint venture between CP Group, Thailand’s largest grocery retailer and local delivery company Dynamic Logistics. Next day delivery is guaranteed for all packages that are recei...
25 July 2018
CP (Charoen Pokphand) Group has entered into a joint venture with Inagora, a Japan-based platform specialising in selling Japanese goods to Chinese consumers. Boost to Inagora's Chinese business Inagora has about four million registered users and carries 40,000 products including food and household goods on its mobile app and other channels to Chinese shoppers. It has opened a physical stor...
20 July 2018
First store of Lots Wholesale Solutions opens in Delhi. Targeting the kiranas The Charoen Pokphand Group (CP Group), a Thai conglomerate, has opened its first store in India. Located in Delhi, it is a 4,600 sq m cash and carry store operating under the banner of Lots Wholesale Solutions. Lots Wholesale Solutions is targeting the traditional channel, local retailers and local suppliers an...