Thailand news & analysis

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...
28 October 2016
Big C’s new strategy of focusing on the quality of sales is showing evidence of progress. Focusing on quality of sales and margin Big C’s total revenue for the quarter reached Bht25.9bn (US$739m), a decline of 18.3% over the same period last year. This decrease was driven by a retail sales decline of 20.0%, due to negative like-for-like of 22.6% for Q3. Meanwhile, its total expenses decre...
05 October 2016
FamilyMart’s Thailand operator Central FamilyMart plans to open over 800 stores within next five years. Double the number of FamilyMart stores Central FamilyMart has announced that it aims to double the number of its convenience stores in Thailand from 1,116 to more than 2,000 by 2021. This is a clear attempt to upscale FamilyMart’s operation in Thailand, where the brand faces strong compet...
05 October 2016
Tesco has reported 2016/17 H1 results for its international operations up 3.2% at constant exchange rates, with sales in Asia growing the strongest at 4.9%. Tesco's recovery in Asia continues to build momentum Tesco's Asian operations grew just 1.3% in its last financial year, with a significant improvement in H2. However, the retailer has managed to continue this momentum into 2016/17 ...
20 September 2016
Tesco Lotus and Lazada are trying to get customers outside Bangkok to try out online shopping by introducing online shopping kiosks in some of their Express and Talad convenience stores outside the city. Strong online growth drives new development Tesco Lotus has just installed a bunch of Lazada kiosks in their Tesco Lotus Express and Talad shops and if successful, it plans to introduce the...
30 August 2016
Grocery delivery platform HappyFresh has decided to exit the Philippines and Taiwan and will focus on other core Asian markets, after its Series B funding round. Consolidate market focus for profitability The Jakarta-based company HappyFresh has decided to close its business in Taiwan and the Philippines. Instead, it will concentrate on its three other markets: Indonesia, Malaysia and Thail...