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The lowdown on Central Group – reported new owner of Selfridges

Speculation has been swirling around the reported sale of Selfridges to Thailand’s Central Group since the Times first revealed the two parties had reached an agreement last Thursday.  Neither the...

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Central Group leads Selfridges buyout in US$5 billion deal

Luxury British store chain Selfridges is being sold to a Thai retailer and an Austrian property company in a deal that a source close to the matter said was worth around 4 billion pounds (US$5.37...

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Aeon eyes 100 grocery stores in Vietnam

Aeon has unveiled plans to expand its network of MaxValu compact supermarket stores in Vietnam, eyeing about 100 new locations across the country by 2025. According to Nikkei Asia, the expansion will...

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Thailand’s Central Pattana plans US$3.7 billion in upgrades, expansion

Thailand’s largest mall operator Central Pattana says it plans to invest US$3.7 billion over the next five years in upgrading its properties and constructing new shopping centres, hotels and office...

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Three retailers and an economist on Asia’s post-pandemic retail landscape

A sales associate offers dedicated in-person assistance at a community-focused brick-and-mortar store. It is a scenario evocative of retail in days gone by. But blend in omnichannel access to global...

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Meet Yol Phokasub, CEO of Thai retail giant, Central Group

Drumroll, please! We’ve just unveiled Asia’s most influential list at Inside Retail Asia, a collection of the region’s changemakers, rulebreakers and innovators. Each week, we will shine a light on...

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Central Group unveils US$825m Vietnam expansion plan

Thai retail conglomerate, Central Group, is to invest US$825.3 million in Vietnam during the next five years as it further expands its presence in one of Southeast Asia’s fast-growing retail markets....

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Central Group settles Selfridges Group deal

Thai retail conglomerate Central Group and Signa Holding have completed their acquisition of UK department store chain Selfridges Group from the billionaire Weston Family.  The US$5.37 billion deal,...

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Thailand’s Central Group plans $1.3bn push in Europe after Selfridges

Thailand’s biggest retailer Central Group said on Tuesday it planned to expand its footprint in Europe further with investments worth nearly US$1.29 billion over five years in new stores, upgrades and...

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