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Tag: central department store

Retail Asia21/01/2019
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E-Tailing

Central Retail to double online after Shopee acquisition

3min0
Central Retail Corporation has announced plans to to double its online sales to THB10 billion (US$315.76 million) this year. Central’s CEO Nicolo Galante said the firm intends to lead in the omni-channel e-commerce business, overtaking Shopee. “Non-food businesses globally have been disrupted by digital transformation and are struggling against the likes of Amazon and Alibaba. […]
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Retail Asia23/11/2016
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General

Big year-end discounts on way

4min
The government seeks cooperation from retailers and wholesalers to cut product prices to help reduce consumers’ expenses and stimulate the economy in the final month of the year. The government is set to team up with wholesalers and retailers, which together have 13,500 branches nationwide, to cut product prices by 20%-80% to help reduce consumers’ […]
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Retail Asia25/03/2016
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E-Tailing

Thai online marketing firm COL to expand via M&A’s

4min
Thailand’s online marketing company COL Pcl has set aside 500 million baht ($14.12 million) to pursue acquisitions as it seeks to expand its customer base across Southeast Asia. COL is the operator of OfficeMate, B2S, Central Online Shopping, Mobile E-Books, and Cenergy Innovation. “The competition has become so fierce that many companies are finding it difficult to […]
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