Thailand news & analysis

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...

Central Group, which operates Central Food Hall and various formats under the Tops banner, has invested US$200 M in Grab Thailand. Grab Holdings Inc is Southeast Asia’s leading online to offline mobile platform with parcel delivery, car hailing and food delivery services. New Central, New Economy The investment is a non-controlling stake in Grab that brings together a partnership across tra...

Japanese discount operator, Don Quijote (known as Donki) is launching its first stores in Thailand next week and in Hong Kong in July. A fun and vibrant banner... Don Quijote is well-known for its fun, ceiling-hanging merchandising, colourful and eclectic mix of products in-store, e.g. costumes, general merchandise, food and grocery, cosmetics and souvenirs. Donki's grand opening in Thai...

Berli Jucker, operator of Big C in Thailand, has announced revenue growth of 5.7% to THB 109.8 bn (US$ 3.4bn) for its modern retail business unit. Profit margin declined New store openings and same store sales growth of 1% supported the strong sales performance. However, profit margin slid from 16.7% to 16.5% due to sales mix changes and higher business to business sales compared to last ye...

Tesco Lotus has launched 45 Thai food products under the Tesco brand. Tesco Authentic Thai range The food products include both savoury and sweet items with top quality ingredients from Thailand. These include sweet tamarind from Phetchabun, purple sweet potatoes from Ubon Ratchathani, durian from Chanthaburi, mangoes from Prachuap Khiri Khan and coconut sugar from Samut Songkhram. The ingr...

Tesco-Lotus has launched 45 Thai food products under the Tesco brand. Tesco Authentic Thai range The food products include both savoury and sweet items with top quality ingredients from Thailand. These include sweet tamarind from Phetchabun, purple sweet potatoes from Ubon Ratchathani, durian from Chanthaburi, mangoes from Prachuap Khiri Khan and coconut sugar from Samut Songkhram. The ingr...

A.S. Watson has provided details of how it has successfully used predictive modelling to help brands successful launch products in its stores. It has shared two examples, Maybelline and Jeffree Star Cosmetics. Working closely with brands A.S. Watson (ASW) has strengthened its long-term partnership with Maybelline in Watsons Thailand, while it has launched Jeffree Star Cosmetics exclusively ...

Although Tesco delivered encouraging sales for Q3 in the UK, Asian results continue to be challenged. LFL sales fell by 8% in Asia Tesco reports stronger underlying performance in Asia, but sales in Thailand continue to be impacted by changes in pricing, promotions and couponing. Tesco management is restructuring its Thai business to stop bulk-selling. Government-issued welfare cards scheme...

Tesco has hailed 12 consecutive quarters of LFL growth and delivered robust Christmas figures in the UK. Headline LFL results   Q3: 13 weeks to 24 Nov Christmas: 6 weeks to 5 Jan UK +0.7 +2.2 ROI -0.2 +0.3 Booker +11.0 +6.7 UK & ROI +1.9 +2.0 ...

China-based, pure ecommerce retailer JD.com has reached an agreement with Thailand government agencies to help provide Thai companies with greater access to Chinese consumers. Three MoUs signed JD.com has signed three memorandums of understanding (MoUs) with three separate Thai government agencies. These include, Thailand’s International Trade Promotion Department, the Digital Economy Promo...