The Pizza Company, operator of a restaurant chain under the management of the Minor Food Group, plans to continue investing heavily in branch expansion and development of products and services to achieve its goal of Bt8 billion in sales revenue in the next five years. “We see huge opportunity in Thailand for the restaurant business, [...]
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Oishi ready to restart, expand
Oishi Group Plc, the country’s biggest green tea maker and Japanese restaurant chain, plans to spend 400 million baht to add 30 new outlets next year. Of the total, 15 will be Shabushi outlets with the rest Oishi Ramen, Oishi Japanese Buffet Restaurant or Nikuya. Paisarn Aowsathaporn, Oishi’s executive vice-president for food, said the expansion [...]
Restaurants take a soaking
The country’s restaurant business is expected to lose about 15 billion baht because of the heavy floods, according to the Thai Restaurant Association (TRA). President Pavornwan Kulmongkul said thousands of restaurants had been submerged. Of the total, 500 are in Pathum Thani, 200 in Ayutthaya and 300 to 500 in Bangkok, mainly in Thawi Watthana [...]
Some take dim view of capital plan for Big C
France-based Casino Group’s capital-raising plan for its Big C Supercenter hypermarket chain might run into resistance from local minority shareholders. Many small shareholders disagree with the plan, claiming it is not transparent or is unreasonable. Casino Group holds about 65 per cent of Big C. Big C’s board yesterday decided to postpone the extraordinary shareholders’ [...]
Expansion ahead for Major Cineplex
Chairman Vicha Poolvaraluck said 26 of the screens would be developed at the Mega Bangna shopping complex in Bang Na and at Seacon Bangkhae, under renovation on Phetkasem Road. The other 24 will open at other retail sites such as CentralPlaza shopping complexes, Big C and Tesco Lotus. The additional 50 will bring the number [...]
Yum spices up its investment menu
Yum Restaurants International (Thailand) Co, the local operator of KFC and Pizza Hut, plans to increase its investment budget by 30% to one billion baht next year to accommodate domestic expansion. Managing director Milind Pant said part of the budget will be used to convert existing stores to the new global design standard that already [...]
Floods cost ThaiBev billions
Floods have cost Thai Beverage Plc (ThaiBev), the country’s leading beer and spirits maker, several billion baht, the biggest financial loss for whisky billionaire Charoen Sirivadhanabhakdi in more than a decade. The damage comes from three areas: tangible assets, loss of business continuity and loss of new business opportunities both at home and abroad. Five [...]
Leading retailers ensure supplies through distribution alternatives
Major retailers have adjusted their logistics and distribution strategies to ensure their stores do not run out of essential commodities during the flood crisis. Suwit Kingkaew, senior vice president of CP All, operator of 7-Eleven convenience stores, said the company had temporarily opened about 100 small distribution centres in shophouses throughout metropolitan Bangkok. It has [...]
A shopping desert
A shopping desert. Central Bangkok’s small merchants are in danger of going under despite the area remaining dry as customers disappear. While northern Bangkok and Thon Buri struggle underwater, the heart of the capital’s business and shopping district remains bone dry. But don’t say the flooding has not made itself felt _ small business owners [...]
Siam Future CEO plans to expand with Bangkok
Founded in 1994 and listed on the Stock Exchange of Thailand in 2001, Siam Future Development Plc (SF) has been the leader in open-air shopping centres for 12 years. It provides a range of specialised real estate services such as acquisition, development, management and consultancy on shopping centres, with a focus on Bangkok and other [...]
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Chairman Vicha Poolvaraluck said 26 of the screens would be developed at the Mega Bangna shopping complex in Bang Na ... ∞
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