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Three Thai Retail Titans Move to Expand Empires.
Byline: Sukanya Jitpleecheep
Apr. 4--Three major retailers -- Central, Robinson and Siam Centre -- are gearing up to expand their businesses, choosing strategies that suit the tough economic climate.
With no sign of economic recovery in the first quarter, Central Retail Corporation (CRC), part of the Central Group, is likely to rely on its food business to boost cashflow, with plans to reinvest in Tops Supermarket chain in the next two years.
Central Department Store, Siam Centre and Siam Discovery plan to renovate and add outlets, while Robinson Department Store Plc will resume marketing after a five-year slowdown.
Tos Chirathivat, the chief executive of CRC, said the company would spend four billion baht on expansion by the end of 2004. This would ...
- Siam Centre retailing renovations to sport Japanese flair.
- Newspaper article from: Bangkok Post (Bangkok, Thailand) July 28, 2004 700+ words
...a 300-million-baht facelift to give its 33-year-old Siam Centre a look reminiscent...October next year, Siam Centre would be open for...designer brands. "Siam Centre will be the platform...million and 80 million baht at the centre. In...
- Siam Centre operator to open hip food court.
- Newspaper article from: Bangkok Post (Bangkok, Thailand) October 12, 2005 700+ words
...Co, the owner of Siam Centre and Siam Discovery...with five million baht in registered capital...over 40 million baht, the first "f...square metres in Siam Centre, will be opened...targeted 15 million baht in monthly revenue...fourth floor of Siam Centre, the f ...
- Thai Department Store Chain to Invest 250 Million Baht to Renovate Flagship.
- Newspaper article from: Knight Ridder/Tribune Business News March 25, 2003 700+ words
...would each spend 400 million baht on the project. The remaining...Siam Piwat, the operator of Siam Centre and Siam Discovery. She said...would also spend 100 million baht to renovate Siam Centre to give it a more modern look...
- Bangkok, Thailand, Shopping Centres to Get Big Face Lift.
- Newspaper article from: Bangkok Post (Bangkok, Thailand) (via Knight-Ridder/Tribune Business News) August 7, 2002 700+ words
...of the six-billion-baht Siam Paragon, a high...refurbishment of the existing Siam Centre and Emporium shopping centres...operator of Siam Discovery and Siam Centre, will spend 250 million baht to renovate the Siam Centre. The renovation will start...
- Development Firm to Buy Two New Malls in Bangkok, Thailand, This Year.
- Newspaper article from: Knight Ridder/Tribune Business News January 14, 2003 700+ words
...stakes in Mahboonkrong, Siam Centre and Siam Discovery and...issue of 2.5 billion baht in new five-year unsecured...company said 920 million baht in funds raised from...Intercontinental is the operator of Siam Centre and Siam Discovery...in the 12-billion-baht Siam Paragon. ...
- Corporate Revamp, New Name in the Cards for Bangkok Hotel Project.
- Newspaper article from: Knight Ridder/Tribune Business News November 29, 2002 700+ words
...Siam Discovery and Siam Centre and is a partner in the 12-billion-baht Siam Paragon retail...valued at 927 million baht. Three MBK executives...between Mahboonkrong, Siam Centre and Siam Discovery...Siam Discovery and Siam Centre are fashion centres...yesterday at 34 ...
- Thai Department-Store Chain Revives Plans for Expansion.
- Newspaper article from: Knight Ridder/Tribune Business News September 2, 2001 700+ words
...owns the adjacent Siam Centre and Siam Discovery...billion to five billion baht in all. The Mall...the new store at Siam Centre site as Emporium...what is available at Siam Centre and Siam Discovery...least six billion baht to build. "This...
- Protest estimated to cost B600m in lost business.
- Newspaper article from: Bangkok Post (Bangkok, Thailand) March 29, 2006 700+ words
...almost 600 million baht from the impact...Siam Paragon, Siam Centre and Siam Discovery...hundreds of millions of baht due to the protests...of Siam Paragon, Siam Centre and Siam Discovery...of 5-10 million baht per day. Operators...a toy show, the Siam Centre ...
Source: HighBeam Research, Three Thai Retail Titans Move to Expand Empires.