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...
View ArticleCentral 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...
View ArticleAeon 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...
View ArticleThailand’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...
View ArticleThree 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...
View ArticleMeet 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...
View ArticleCentral 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....
View ArticleCentral 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,...
View ArticleThailand’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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