Thailand news & analysis

13 September 2023
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 ...
30 August 2023
Big C, operated by Berli Jucker, planned to raise as much as $1 billion in the IPO as early as the fourth quarter of this year. Uncertain economic conditions The delay came one week after the retailer announced its acquisition of local chain Abouthai. It was planning to list in both Hong Kong and Thailand by the end of this year. However, the unfavourable capital market with international f...
24 August 2023
Big C in Thailand has acquired AbouThai, a grocery chain with 24 stores in Hong Kong, and will rebrand them as Big C. It is seeking a dual listing in Hong Kong and Thailand by the end of this year. Big C’s first stop outside Southeast Asia Big C Retail Corp, operates about 2,000 retail stores under the Big C Supercenter, Big C Market, Big C Foodplace and Mini Big C banners in Thailand, Laos...
18 August 2023
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...
14 August 2023
FamilyMart will withdraw from Thailand after its franchise agreement with local retailer Central Group ends. FamilyMart stores to be converted into Tops daily FamilyMart's 200 stores in Thailand will be converted to Tops Daily, a convenience format operated by Central Group. The renaming is expected to be completed by the end of 2023. FamilyMart entered Thailand in 1992 through a joint vent...
01 August 2023
With the goal of creating a greener future, Watsons partnered with Kenvue, L’Oréal and P&G to drive sustainability initiatives in Asia through the collective effort of combining Watsons’s expertise and supplier partners. Sustainability as the top priority Malina Ngai, CEO of A.S. Watson (Asia & Europe), said: “At Watsons, sustainability is at the heart of our business, and we recognise ...
04 July 2023
Lotus’s Thailand has launched the country’s first unstaffed store launched on 3 July 2023. A seamless shopping experience Lotus’s Pick & Go is over 30 sqm and carries over 400 product items. 90% are beverages and snacks, and the remaining 10% are daily essential products. The store is next to Lotus’s North Ratchapruek community centre flagship hypermarket. It is launched in collaboration wi...
19 June 2023
Big C, owned by Berli Jucker in Thailand, is planning to raise as much as US$1billion through IPO, six years after it was delisted. Banks picked to advise on IPO Big C Supercenter Pls has picked Bank of America and UBS Group to support its an initial public offering expected to be worth at least THB 30m (US$860m). The details of the IPO including the size, timing and banks involved could st...
21 April 2023
Our global analysts share some of the latest headlines across the globe. Here's what you need to know. From Europe In Austria, Costa has launched its first store and can be found in Austria’s airport. The launch means Costa is now present in 41 countries Billa opens in Austria airport, the main purpose is to offer great local products for tourist and for returning residents easy to sh...
19 April 2023
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...