Dean & DeLuca

Retail Asia20/07/2020

Thailand’s Pace Corporation, the firm responsible for bankrupting its gourmet grocery business Dean & Deluca earlier this year, has bid US$10 million to buy back the firm. The firm has offered to use half of the investment as a gesture towards creditors, owed $26.5 million by the failed business, which would represent a payout of less than […]

Retail Asia03/04/2020

Thailand’s Pace Corporation has finally filed for the bankruptcy of its Dean & Deluca US business after all of its North American stores were shuttered last year. According to documents submitted with the filing, Dean & Deluca US has liabilities as high as US$500 million, and assets of just $50 million. But the company, which […]

Retail Asia02/08/2019

The CEO of embattled food retailer Dean & DeLuca is promising a massive store rollout in Asia at the same time as unpaid suppliers suspend deliveries to the brand’s remaining US stores. Sorapoj Techakraisri, CEO of Dean & DeLuca’s Thai owner Pace Development, said this week US losses will stop by the end of this […]

Retail Asia04/09/2018

Thai-owned New York deli concept Dean & Deluca has made its Malaysian debut at Pavilion in downtown Kuala Lumpur. Officially opened yesterday, the store is expected to attract shoppers with a premium cafe and restaurant offer, along with packaged foods to go. While the company is struggling in the US having closed a majority of […]

Retail Asia04/10/2017

Thailand’s Central Group is set to acquire the Dean & Deluca chain of deli-cafes outside the US from Thai luxury property developer Pace Development for US$50 million. The deal is in the due diligence process, says Pace, which acquired the chain through its subsidiary Pace Food Retail for $140 million in 2014. Dean & Deluca […]

Retail Asia18/08/2017

Dean & Deluca Macau will launch its debut fine-food cafe in The Promenade Shops inside the Galaxy. It will be serving grab-and-go items as well as signature retail goods. The menu will include roast beef and caramelised pumpkin multi-grain sandwich, spicy prawns, guacamole on squid-ink bun, Cobb salad, and watermelon salad with salted egg. Founded […]

Retail Asia31/07/2017

Thai-owned cafe and deli chain Dean & Deluca has expanded, opening a new outlet on Silom’s Soi 1. Decorated in the signature style of cafe and pizzeria, the branch offers crafted beverages including beer and wine, as well as pizza and sandwiches. Just a few steps from BTS Sala Daeng, the two-storey restaurant can accommodate […]

Retail Asia23/05/2016

After a Bht 4000 million (US$113 million) overhaul, Siam Discovery will re-open in Bangkok this month as a self-described “hybrid retail development”. As well as Thailand’s largest lifestyle speciality store, the complex will feature an “arena of lifestyle experiments”. Opening on May 28, the complex is owned and run by Siam Piwat, which also has […]

Tag: Dean & DeLuca

Dean & Deluca owner bids to buy back business it bankrupted

Dean & Deluca US heading towards bankruptcy

Dean & DeLuca chief bullish about Asia

Dean & Deluca Kuala Lumpur opens

Central Group buying Dean & Deluca rights outside US

Dean & Deluca Macau to debut at Galaxy

Dean & Deluca expands at Silom

Siam Discovery about to launch ‘retail revolution’