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Central Group

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Central Group
กลุ่มเซ็นทรัล
Company typeFamily-owned
Holding Company
IndustryMerchant, Real estate, Retailing, Hospitality, Restaurants
Founded1947
FounderTiang Chirathivat
HeadquartersBangkok, Thailand
Area served
Thailand
Italy
Germany
Denmark
Vietnam
Malaysia
Indonesia
Maldives
Sri Lanka
ProductsShopping centres, department stores, restaurants, hotels.
RevenueUS$7.5 billion (2013) [1]
Total assetsUS$9.7 billion (2014 est)
Number of employees
70,000
SubsidiariesCentral Pattana (SETCPN)
Central Plaza Hotel PLC (SETCENTEL)
Central Department Store Group
Central Restaurants Group
Central Marketing Group
Central Hardlines Group
Central Online Group
Central Food Retail Group
Central Group Vietnam
Websitewww.centralgroup.com

The Central Group of Companies (Thai: กลุ่มเซ็นทรัล) or Central Holding is a family-owned conglomerate holding company in Thailand that is involved in merchandising, real estate, retailing, hospitality and restaurants. Among its subsidiaries are Central Pattana and the Central Retail Corporation. Its current CEO is Tos Chirathivat, grandson of the company founder. Its chief rival is The Mall Group, which owns Siam Paragon and The Emporium and several suburban shopping centres.

History

Tiang Chirathivat, an overseas Chinese from Hainan, started a general merchandise store in 1947 in Samphanthawong District, Bangkok's Chinatown. In 1957, Tiang's son, Samrit Chirathivat, opened the first Central Department Store in Wangburapha, Phra Nakhon, Bangkok. The company's property development arm, Central Pattana was founded in 1980, and opened its first shopping centre, CentralPlaza Ladprao in Chatuchak District, Bangkok in 1982. Besides expansion through physical presence in the Bangkok retail space, Central Group has in recent years built an online presence among ASEAN e-tailers.

Major subsidiaries

  • CPN (Central Pattana) real property development and malls management: CentralPlaza, CentralFestival, and CentralWorld.[3]
  • CHR (Centara Hotel and Resort) operates more than 40 hotels and resorts and private residences in Thailand, Vietnam, Indonesia, Maldives, and Sri Lanka.[5]
  • CRG (Central Restaurant Group) food franchises in Thailand: Mister Donut, KFC (malls branch only), Auntie Anne's, Pepper Lunch, Chabuton, Coldstone, Ryu Shabu Shabu, The Terrace, Yoshinoya, Ootoya, Tenya, and Katsuya.[6]
  • CHG (Central Hardline Group) home and electric appliances store: Power Buy, Baan and Beyond, HomeWork, and Thai Wassadu.[8]
  • CMG (Central Marketing Group) high-end fashion imports such as: Casio watches, G-Shock, and Mango clothing.[9]
  • COL (Central Online) books, stationery, and office store. It operates central group's e-commerce system and applications: B2S, OfficeMate (formerly, Office Depot), and Cenergy Innovation.[10]

Malls

CPN Malls

CentralFestival, Chiang Mai
File:เซ็นทรัลพลาซา อุดรธานี.jpg
CentralPlaza, Udon Thani
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Name Opening Floor area (m²) Location
CentralPlaza Lardprao April, 1983 310,000 Bangkok
CentralPlaza Ramindra November, 1993 86,000 Bangkok
CentralPlaza Pinklao March, 1995 340,000 Bangkok
Central Center Pattaya July, 1995 62,000 Chonburi
CentralPlaza Chiang Mai Airport March, 1996 250,000 Chiang Mai
CentralPlaza Rama III October, 1997 220,000 Bangkok
CentralPlaza Bangna December, 2001 450,000 Bangkok
CentralPlaza Rama II December, 2002 210,000 Bangkok
CentralWorld December, 2002 830,000 Bangkok
CentralPlaza Rattanathibet December, 2003 140,000 Bangkok
Central Phuket September, 2004 136,000 Phuket
CentralPlaza Chaengwattana November, 2008 310,000 Nonthaburi
CentralFestival Pattaya Beach January, 2009 210,000 Pattaya
CentralPlaza Udon Thani April, 2009 250,000 Udon Thani
CentralPlaza Chonburi May, 2009 156,000 Chonburi
CentralPlaza Khon Kaen December, 2009 186,000 Khon Kaen
CentralPlaza Chiang Rai March, 2011 110,000 Chiang Rai
CentralPlaza Phitsanulok October, 2011 130,000 Phitsanulok
CentralPlaza Grand Rama IX December, 2011 220,000 Bangkok
CentralPlaza Surat Thani October, 2012 130,000 Surat Thani
CentralPlaza Lampang November, 2012 110,000 Lampang
CentralPlaza Ubonratchathani April, 2013 140,000 Ubon Ratchathani
CentralFestival Chiangmai November, 2013 260,000 Chiang Mai
CentralFestival Hatyai December, 2013 295,000 Songkla
CentralFestival Samui March, 2014 90,000 Ko Samui
CentralPlaza Salaya August, 2014 180,000 Nakhon Pathom
CentralFestival Rayong May, 2015 200,000 Rayong
CentralPlaza Westgate August, 2015 500,000 Nonthaburi
CentralFestival East Ville October, 2015 150,000 Bangkok

Department stores

ZEN at CentralWorld
Oberpollinger in Munich

All chains are operated by Central Department Store Group (CDG)

Chains Country Branches
Central Department Store Thailand 21
Indonesia 1
Malaysia 1
Robinson Department Store (Robins in Vietnam) Thailand 39[11]
Vietnam 2
ZEN Department Store Thailand 1
La Rinascente Italy 11
Illum Denmark 1
Alsterhaus Germany 1
KaDeWe Germany 1
Oberpollinger Germany 1

See also

References

  1. ^ Central Group Operational Highlights
  2. ^ [1], Central Group of Companies official websites. (Retrieved 2010).
  3. ^ "Central Pattana Group (CPN)". Central Group. Retrieved 25 November 2015.
  4. ^ "Central Department Store Group (CDG)". Central Group. Retrieved 25 November 2015.
  5. ^ "Centara Hotels and Resorts Group (CHR)". Central Group. Retrieved 26 November 2015.
  6. ^ "Central Restaurants Group (CRG)". Central Group. Retrieved 25 November 2015.
  7. ^ "Central Food Retail Group (CFG)". Central Group. Retrieved 25 November 2015.
  8. ^ "Central Hardlines Group (CHG)". Central Group. Retrieved 25 November 2015.
  9. ^ "Central Marketing Group (CMG)". Central Group. Retrieved 25 November 2015.
  10. ^ "Central Online (COL)". Central Group. Retrieved 25 November 2015.
  11. ^ "Store Location". Robinson Department Store. Retrieved 24 July 2015.