CP Group news

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...
12 September 2017
Thai's CP may takeover E-Mart's remaining stores in China  Leading South Korean discounter, E-Mart, is in talks with Thailand's Charoen Pokphand Group to sale its five remaining stores in China. The background... In May, E-Mart announced that it was to shut operations in China by end of 2017. E-Mart China has struggled for profitability over the last few years, gradually scaling down i...
12 September 2017
Leading South Korean discounter, E-Mart, is in talks with Thailand's Charoen Pokphand Group to sale its five remaining stores in China. The background... In May, E-Mart announced that it was to shut operations in China by end of 2017. E-Mart China has struggled for profitability over the last few years, gradually scaling down its operations since 2011. Despite consolidation, the retailer ...
06 June 2017
Modern Sevel Indonesia, which operates 7-Eleven convenience stores in Indonesia, cancels the sale of the chain due to "non-agreement of the parties concerned". Challenging times ahead CP Indonesia is an affiliate of CP All, which operates more than 9,500 7-Eleven stores in Thailand. Its plan to buy 7-Eleven stores for US$75 million would have brought much needed funds and expertise for the ...
25 April 2017
Charoen Pokphand (CP) will acquire Modern Sevel, the controlling company of the 7-Eleven Indonesia convenience store outlets for IDR one trillion (US$75 million). CP Indonesia, a division of Thai conglomerate CP Group expects to complete the purchase by June this year. Indonesia's retail regulation driving key decisions Indonesia's retail landscape is highly completive, but heavily shaped...
12 August 2016
CP All, Thai operator of 7-Eleven and Siam Makro, reported  strong 2Q results -  total revenue rose 14 percent from a year earlier to THB 114.6bn (USD 3.3bn) and like-for-like increased by 5 percent, versus 2.6 percent in 1Q. On track with network expansion CP All, which operates more than 9,200 7-Eleven stores in Thailand, had a target of 700 new stores this year and a total of 10,000 stor...