cp

Retail Asia15/07/2022

Thai retailer CP All has appointed Yuthasak Phoomsurakul as its new CEO of operations, overseeing the company’s network of more than 11,000 7-Eleven stores. Phoomsurakul started his career with the company as the deputy MD of marketing and product management in 2007. He has also held several key leadership roles in companies such as Big […]

Retail Asia04/06/2021

CP All Plc, the operator of 7-Eleven convenience stores, plans to spend 11.5-12 billion baht this year to expand its business. Kriengchai Boonboapichart, the company’s chief financial officer, said 4-4.1 billion baht of total spending is for investment in new projects, subsidiaries and distribution centres, 3.8-4 billion is slated for store expansion, 2.4-2.5 billion is […]

Retail Asia02/09/2020

Thailand’s CP Group is taking the 7-Eleven convenience-store chain into Laos after winning franchise rights for the country. The first 7-Eleven store in Laos will be opened in the capital city, Vientiane in 2022. “With its remarkable success in Thailand, I can think of no one better than CP All to bring the 7-Eleven brand […]

Retail Asia12/05/2020

Thailand’s CP Group will launch 7 Eleven Cambodia next year after winning the franchise rights for the country. CP Group, which operates 7-Eleven in Thailand, will run the business via its local subsidiary. The first outlet is expected to open in Phnom Penh. According to reporting in Nikkei, CP will be responsible for all business […]

Retail Asia11/03/2020

Tesco has accepted a US$10.6 billion bid for its Asian businesses from a consortium of companies controlled by Thai billionaire Dhanin Chearavanont. The deal, which remains subject to regulatory approval and Tesco Group shareholder approval, will be completed in the second half of this year. The price represents an earnings multiple of 12.5 times and […]

Retail Asia25/09/2018

Bangkok’s massive IconSiam development will open on November 9, its developers have confirmed. The US$1.67 billion complex being constructed on a 400-metre-long stretch of the Chao Phraya River will feature 14 flagship stores of internationally renowned brands, many of them taking space in the ultra-luxury 25,000sqm glass pavilion called IconLuxe, located next to the river […]

Retail Asia24/01/2018

Thailand conglomerate Charoen Pokphand (CP) Group plans to invest Rs1000 crore (US$157 million) over the next five years to open Siam Makro wholesale stores in India. Siam Makro, the company’s retail arm, will open 15 wholesale cash-and-carry stores in India, starting with Delhi-NCR, over the next three years under a new brand, Lots Wholesale Solutions. […]

Retail Asia16/08/2017

Revenue fell by 6.3 per cent for lifestyle retailer CP Lotus Corporation for its first half, dipping by RMB337.1 million (US$50.5 million) to RMB4.9 billion. It says the decrease was mainly the result of a 9.1 per cent decline in same-store sales, cushioned by the revenue generated from two new stores opened in the second […]

Retail Asia22/11/2016

The Chearavanont and Chirathivat families are among the 50 richest Asia families in 2016 as ranked by Forbes Asia magazine. Families in the top five of this year’s list are in businesses that span technology, livestock, real estate and oil and gas, the magazine reported in its latest issue published yesterday. Leading the list for […]

Retail Asia07/11/2016

Siam Makro, which runs the Makro cash-and-carry store chain, has clinched a 3-billion-baht (US$85.75 million) deal to acquire four food companies. Through its wholly owned subsidiary Siam Food Services, Siam Makro has entered into an agreement to acquire an 80 per cent stake in each of Indoguna (Singapore), a listed firm on the Singapore Exchange, […]

Retail Asia25/11/2015

Sales have tumbled at everything except one of Thailand’s prominent supermarkets as the most terrible drought season in 10 years strikes at the heart of the cultivating sector – the foundation of the rustic economy – and disappoints arrangements to open more stores in the regions. CP All is the only supermarket in Thailand to […]

Retail Asia06/03/2015

Thailand’s retail company CP All Plc has earmarked THB14 billion (USD432.6 million) to expand its convenience and cash-and-carry store operations this year on the back of economic recovery and high consumer spending power. Of the total budget, THB9 billion will go to its own 7-Eleven convenience store expansion and the remaining THB5 billion to its […]

Tag: cp

Thai 7-Eleven operator CP All appoints new CEO

CP All to roll out 700 more 7-Eleven stores in Thailand

Thailand’s CP All to launch 7-Eleven in Laos

Thailand’s CP wins 7-Eleven rights to operate in Cambodia

CP Group wins Tesco Asia business

IconSiam Bangkok due to open November 9

Siam Makro to open 15 stores in India

CP Lotus revenue drops

Two Thai clans stay on Forbes rich list

Siam Makro buys four food companies

CP All supermarket has the lone laugh in drought hit Thailand

CP All in USD433m drive to expand store operations