Thailand news & analysis

20 March 2017
Tesco has made two significant changes to its leadership team, with the appointment of new CEO's for both its Asian and European businesses. Tony Hoggett to become CEO of Tesco Asia Tony Hoggett, the existing chief operating officer for Tesco in the UK, has been promoted to CEO for the retailer's Asian business. Hoggett joined Tesco in 1990 and has extensive operational experience in both t...
17 March 2017
Honestbee has been rolling out its on-demand grocery delivery service in rapid succession around Southeast Asia. After launching in Indonesia and Malaysia last month, it has just added Thailand to the fold. Villa market is key grocery partner All of Villa market outlets including its bistro and cooking studio will offer delivery service through Honestbee. The service provider has been tr...
17 February 2017
Big C reports a lower total revenue of THB121bn (US$366m) for FY2016, while profit margin increase Significant change in operations With Berli Jucker Company (BJC) on board as a major shareholder last year, Big C introduced a fundamental change in the way they operate. They decentralised their store operations team to become the “Thai retailer with a heart”. By localising their offer, ...
12 January 2017
Tesco has reported impressive figures for its third quarter and Christmas trading periods, with strengthening growth in the UK and underlying improvements in many international territories. The results mean that Tesco now expects it could deliver full year operating profits slightly ahead of the consensus forecast of £1.2bn. Headline LFL results   Q3: 13 week...
12 January 2017
Lawson, Japan’s leading convenience store operator, has reported a 6.1% increase in consolidated operating revenues, while its operating income has dropped 7% in the third quarter of 2016. Sales increase while income dips For the third quarter of 2016, Lawson has seen net sales of its c-store business grow by 4.4% to JPY 1,617,505m (US$ 14,149m). Its gross operating revenue has also increased...
19 December 2016
7-Eleven Thailand will work with Thai bank CIMB and open between 20 and 30 sub-branches inside its stores next year. Banks offering a wide range of services in-store All the new branches will be located in the broader Metropolitan Bangkok area. The bank opened the Sitabutr sub-branch at the second 7-Eleven store. It is intended to provide services to retail customers in the dense market, s...
15 December 2016
Southeast Asia’s largest ecommerce site Lazada is rolling out a series of initiatives to expand its capacity in the region, with help from online grocer RedMart that it recently acquired. Successful 12.12 sales event Lazada Group’s Online Revolution, also known as 12.12, has again proven to be the biggest online shopping event in Southeast Asia, ringing up US$40.5 million in sales. With ...
01 December 2016
Berli Junker (BJC) has announced that it would invest THB10bn (US$280m), 80% of which would be allocated to the expansion of its Big C business. Expansion across different formats for Big C Berli Junker, the retail flagship of Thai tycoon Charoen Sirivadhanabhakdi's TCC Group, plans to open nine new Big C Hypermarkets, four Big C Market stores, and about 200 Mini Big C outlets in Thailand. ...
29 November 2016
SPAR International has formally launched in Thailand in partnership with Bangchak Retail Company Limited (BCR). Store expansion plan The €74m (US$78m) investment will see up to 300 new stores across the country in the next five years. During 2016, BCR plans to open 7 new stores, comprising key flagship convenience and neighbourhood developments. From 2017, the retailer plans to open 50-80 ...
18 November 2016
Central Group has revealed its expansion strategy to invest about US$30m in Vietnam over the next five years, doubling its network to around 70 by 2021. An investment spree Central has been on an acquisition spree to gain a strong foothold in Vietnam since 2013. Last year, Central Group acquired a 49 percent stake in major Vietnamese electronics retailer Nguyen Kim, which has a network of 2...