Thailand news & analysis

24 September 2021
CP Group will reorganise and merge Makro and Lotus’s chain of stores to create a stronger entity for overseas expansion. A more efficient growth strategy The group operates mostly wholesale stores under Makro, and hypermarkets, supermarkets and convenience stores under Lotus’s. The merger will strengthen the group's business and support long-term strategies to become a leader in the retail ...
17 September 2021
Central Retail engages shoppers to recycle their plastic bottles as part of their sustainability efforts. PET to PPE Project Central Retail has joined a project by a local temple, Wat Chak Daeng, to prevent the spread of COVID-19. The group will be setting up donation boxes at Tops, Central Food Hall, Central Department store, Robinson department store, B2S and OfficeMate to collect funds t...
06 September 2021
COVID-19 has caused grocery retailers in Asia to scale up online business to compensate footfall decline in physical stores and enable shoppers to get items quickly, safely and conveniently. We at IGD have quantified growth opportunities, supported by five emerging trends. Growing at a CAGR of 20% between 2020 and 2022 Asia’s online grocery is growing fast. Total value in 2020 is around US$...
30 August 2021
The retailer is in the process of renaming its stores from Tesco to Lotus’s in Asia. Besides improving its operations and product mix, it has recently shared its plans to expand the chain in Thailand. Improving fresh food quality CP Group is leveraging the group’s strengths to improve the quality and selection of fresh food at Lotus’s. A lot of effort has been put into sourcing directly fro...
16 August 2021
The COVID-19 situation in Thailand has deteriorated and impacted sales in Q2 2021. As the third wave is more difficult to control, retailers expect that further restrictions in July will dampen results in Q3 2021.  Consolidated revenue for Berli Jucker (BJC) dropped -3.9%, driven mainly by retail sales decline BJC has reported a drop of THB3,296m (US$98.7m) or -12.8% for its Q2 retail sales...
02 August 2021
Dairy Farm International has reported that its sales dropped by 4% in the first half of the year to US$ 14bn.  As last year’s strong consumer buying patterns normalised, the Group’s underlying profit has decreased by 69%, from US$ 105m in the prior year to US$ 32m for the first six months of 2021. Difficult to match sales surge in 2020, as shopper behaviour normalises It has been a challeng...
30 June 2021
Boots Thailand has launched a new store concept, ‘Boots A Day by Boots’, which the retailer says has the look and feel of a modern convenience store. The new concept is a hybrid model combining a traditional convenience store, which offers everyday products and grab and go food items, and a health and beauty store. ‘Responding to the need for convenience’ The new store located in Pathum Tha...
24 June 2021
Lotus’s launches its first “Lotus Smart City Supermarket” concept in The Market Bangkok mall. Right in the middle of the city The store is located in a trendy mall near the Ratchaprasong intersection. It is within walking distance of Big C Ratchdamri and Central Food Hall Central World. This is a popular tourist destination with many retail businesses where even locals will go for shopping ...
23 June 2021
Pride month is observed across many markets in Asia, although it is not as huge as the celebration in Europe and the Americas.  COVID-19 restrictions have hindered plans to have physical gatherings for Pride month, but the pandemic has not stopped some retailers in Asia to launch virtual campaigns for this occasion. Philippines: Alibaba-owned Lazada recognises the LGBTQIA+ stigma  Man...
16 June 2021
Vaccination to protect against COVID-19 is now more accessible in Asia, but the uptake has been sluggish.  To encourage more people to get the jab, some retailers as well as suppliers from the food and grocery industry are offering discounts and prizes for vaccinated individuals.  Hong Kong: ParknShop, Watsons and Sa Sa offer cash vouchers The CK Group has launched a lottery for Hong Kong r...