Thailand news & analysis

16 September 2020
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...
18 August 2020
Central Retail Corporation reports a total Q2 revenue of THB41,376m (US$1,327m) and a net loss of THB2,519m (US$81m), driven mainly by government measures to control the COVID-19 pandemic. Store closures in non-food segment The main decline came from the fashion segment with revenues falling by 47.6% year-on-year due to government measures to close stores in Thailand and Italy. Revenue from...
18 August 2020
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...
17 August 2020
The vending machine is launched inside a gaming studio in a neighbourhood mall, Samyan Mitrtown, on 16 th August 2020. First and only self-service vending machine from Starbucks The machine provides classic drinks like Espresso, Americano, Latte and Caramel Macchiato in hot or cold versions. Non-coffee drinkers have the options for hot or iced chocolate. Shoppers can customize their drinks...
12 August 2020
For the first time, ASEAN Day will include the launch of the inaugural ASEAN Online Sale Day on 8 August. An initiative for retailers to showcase their products The new initiative is supported by many retailers across the Southeast Asian markets. It is a way to encourage retailers to embrace digitalisation to reach more consumers and access new markets. Source:...
27 July 2020
Central Food Retail Group, which operates Central Food Hall and Tops supermarket in Thailand, has unveiled a new concept at Central Plaza Westgate. Premium lifestyle supermarket Tops market Westgate has gone through a major renovation to become the retailer’s latest model for a premium lifestyle supermarket. It is in line with Central Plaza Westgate’s strategy to expand its customer base an...
29 June 2020
Alibaba Group has named Chun Li as Group Chief Executive Officer of Lazada, effective from 1 st July 2020. An experienced leader Li joined Alibaba as chief technology officer for the company’s B2B division in 2014 and moved to Lazada in 2017. He has since served as both group president and CEO of Lazada Indonesia. Li held leadership positions at Paypal and eBay prior to joining Alibaba. “...
29 June 2020
Charoen Pokphand Foods (CPF) is launching a new supermarket concept to support its expansion. Larger footprint than CP Fresh Mart format Source: Euroswift The new CP Fresh will have 500 sq. m. of space, about five times the size of the original CP Fresh Mart format. It will provide a wider variety of products including chilled items, produce, seasoni...
23 June 2020
Grab Holdings, a Singapore-based ride-hailing company, is expanding its delivery services from convenience stores and supermarkets across 50 cities in the region. Expansion accelerated in the pandemic The company has teamed up with 3,000 stores as it accelerates delivery of groceries, toilet paper, packaged snacks and beverages to the community during the COVID-19 pandemic. Grab provided th...
23 June 2020
Central Food Retail has launched its first health food store in Tops Market, CentralPlaza Chengwattana, one of its flagshop supermarkets. Source: Central Food Retail   The store is launched under the slogan “Nature’s Delights for a Healthy Life” which offers a complete range of health products to meet all health and wellness-oriented lifestyles. The re...