Thailand news & analysis

04 January 2022
Central Food Retail, which operates Tops market in Thailand, has launched 3 new stores in Si Racha, Ayuttha and Jas Green Village. The retailer has also launched a new bakery shop called The Baker at both Tops Market and Central Food Hall. New stores in December 2021 The 3 new top stores are introduced to help Tops Market stand out with modern and lifestyle-centric services. Source:...
25 November 2021
Thailand retail sales were hit by lockdown in July and August. Consumer Confidence Index declined to lowest in August 2021 and GDP growth revised down to -0.5% according to Thai Chamber of Commerce. Berli Jucker’s Big C reports -4.6% decline in Q3 2021 vs Q3 2020 Retail sales for Q3 declined to THB22,805m (US$683m), a decrease of THB 1,094m (US$32m) driven by negative same store sales. Non-...
22 November 2021
Tops Market, Tops Superstore and Central Food Hall stores are now equipped with Temjai, an AI service robot, a first of its kind in Thailand supermarkets. Safe and fun shopping experience Using artificial intelligence (AI), the robot serves as an assistant to store staff to offer a new level of service. Stephane Coum, CEO of Central Food Retail Company Limited under Central Retail, said, “...
18 October 2021
Tops, the leading supermarket banner in Thailand, and Watsons, the leader in health and beauty stores, are partnering to strengthen their competitiveness in the market. 200 best selling Watsons products available This is the first time Watsons products will be available outside its own stores. Five well-known brands, namely Watsons, Arome by Watsons, Bella by Watsons, Naturals by Watsons an...
07 October 2021
Watsons, the flagship health and beauty banner of the A.S. Watson Group, has recently launched over 1,600 Sustainable Choices products in its physical stores as well as online.  It has collaborated with global supplier partners, including Beiersdorf, GlaxoSmithKline, Johnson & Johnson, Kao, L'Oréal, Procter & Gamble, Reckitt, Shiseido and Unilever for this initiative. Products from the Sustain...
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...