Central Group news

Central Food Wholesale, part of Central Retail Corporation, is opening its first Go Wholesale store in October. This is happening as Lotus’s announced a new mall concept, locating Makro wholesale stores within Lotus's malls. First Go Wholesale store to open on 27 Oct Central Retail Corporation is investing THB20bn (US$550m) to expand Go Wholesale stores over the next five years. The first s...

I have the privilege of visiting stores in Thailand every year to see firsthand how they are evolving over time. In my last two visits, there is a growing use of digital screens in different parts of the stores. Some of these are being used to generate extra revenue for the retailer, while others are enabling communication with shoppers. 1. Tops: cross-channel marketing and shopper engagement ...

CPALL, Big C (Berli Jucker), and Central Retail Corporation have all recently reported Q2 and/or H1 2023 results – we examine the key figures and performance of each retailer CPALL: sales up, with convenience the main driver of growth The group, which operates 7-11 in Thailand, reported strong YoY growth of 8.5%, up to THB232,002m in Q2. Gross profit also increased, growing 13.6% YoY to THB...

Tops, a banner operated by Central Retail, has partnered with Yindii to reduce food waste. Source: Central Retail How does it work? Yindii is Southeast Asia's number one food surplus buying and selling application. It serves as a bridge between restaurants, bakeries and supermarkets and consumers. On Yindii app, Tops will sell good quality surplus food as surprising bags at THB2...

Central Food Retail, which operates Tops supermarkets and food halls, is bringing Coles private label products to Thailand. Introducing the best of Australia to Thai shoppers Central Food Retail is known for bringing together a unique range of exclusive brands in its stores. Many of its shoppers appreciate the quality of its products. The retailer attracts tourists, expats and well-travelle...

Thailand's Central Retail Group will invest US$1.45 bn in Vietnam over the next five years. The retailer operates Go hypermarkets, Tops supermarkets and various speciality stores such as Nguyen Kim electronics, LookKool gadgets, Supersports and Robins department stores. Vietnam has highest growth in SEA “Vietnam’s economy continues to grow despite uncertainties,” said Olivier Langlet, CEO...

Central Retail is having its biggest transformation in its 26-year history by unifying its retail models under the Tops master brand. Source: Central Retail Building a strong brand DNA under Tops The food retail business will be reformed through four retail models: Tops, Tops Food Hall, Tops Fine Food and Tops CLUB. The new Tops brand comes with an updated, more moden-looking logo. ...

Central Food Retail (CFR) has opened its first membership store, which focuses on premium imports in Thailand. Warehouse-style space with three zones Tops CLUB is behind Bangkok’s Central Rama 2 and has a selling space of 15,000 sq.m. It carries 3,500 products in five categories: dry grocery and beverage, fresh food, alcohol, general merchandising and household. 70% of the products are impo...

With better tourism sentiment, higher spending power boosted by government stimulus, more private investment and rising consumer confidence, retailers are expecting growth to return to grocery retail from H2 2022. Lotus’s plans store openings in H2 Sompong Rungnirattisai, CEO of Lotus’s, said an investment of THB13bn (US$368m) is planned for the opening new Lotus's stores and refreshing exi...

Cental Group is planning to expand its presence in Vietnam over the next five years with the aim of eaching US$2.7b in sales. Double omnichannel presence by 2026 The retailer is aiming to build a presence across 55 provinces, up from 40 provinces now. It has been rebranding the hypermarkets from Big C to Go! and adding new stores under Tops market, a premium banner. Besides building physica...