Central Group
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| Company type | Family-owned Holding Company |
|---|---|
| Industry | Merchant, Real estate, Retailing, Hospitality, Restaurants |
| Founded | 1947 |
| Founder | Tiang Chirathivat |
| Headquarters | Bangkok, Thailand |
Area served | Thailand Italy Germany Denmark Vietnam Malaysia Indonesia Maldives Sri Lanka |
Key people | Tos Chirathivat, CEO |
| Products | Shopping centres, department stores, restaurants, hotels. |
| Revenue |  US$10.4 billion (2016)[1] |
| Total assets | US$9.7 billion (2014 est) |
Number of employees | 80,000+[1] |
| Subsidiaries | Central Pattana (SET: CPN) Central Plaza Hotel PLC (SET: CENTEL) Central Department Store Group Central Restaurants Group Central Marketing Group Central Hardlines Group Central Online Group Central Food Retail Group Central Group Vietnam |
| Website | www.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.
Founder Tiang emigrated from Hainan Island to Bangkok in 1925. Most other Chinese immigrants started businesses in Bangkok's Chinatown. He set up his first shop in the Thonburi District on the outskirts of Bangkok across the Chao Phraya River from the city center. He moved across the Chao Phraya River to a location near the grand Oriental Hotel (now the Mandarin Oriental), where he opened a store with his eldest son, Samrit, in 1947.[2] In 1956, the family opened Thailand's first department store in 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]
- CDG (Central Department Store Group), legally named Central Retail Corporation (CRC) operates its department and retail stores: Central Department Store, Robinson Department Store, ZEN, CRC Sports, La Rinascente, ILLUM, Alsterhaus, KaDeWe, and Oberpollinger. Central Embassy, a shopping center next to Central Chidlom, is also operated by CDG.[4]
- 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, Cold Stone, Ryu Shabu Shabu, The Terrace, Yoshinoya, Ootoya, Tenya, and Katsuya.[6]
- CFG (Central Food Retail Group) offers fresh, grocery and household merchandise in multiple food retail formats to suit customer segment's needs. The format include Central Food Hall, Tops Market, Tops SUPERSTORE, Tops daily, Tops Superkoom, Eathai, Central Wine Cellar, Segafredo, Tops Shop Online, and FamilyMart. The business unit also bought Matsumoto Kiyoshi, Japan's number 1 drugstore.[7]
- CHG (Central Hardline Group) home and electric appliances store: Power Buy, Baan and Beyond, and Thai Watsadu.[8]
- CMG (Central Marketing Group) high-end fashion imports such as: Casio watches, G-Shock, and Mango clothing.[9]
- CMG-MY (Central Marketing Group Malaysia) operates popular fashion brands such as: John Master, KIKO, Baby KIKO, Trudy & teddy and Schwarzenbach[10]
- CGVN (Central Group Vietnam) operates central brands in Vietnam, Nguyenkim Shopping Center, BigC Vietnam, Lanchi Mart, LOOKKOOL, Robins, Delala, Supersports Vietnam, and B2S.
- 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.[11]
Malls
CPN Malls
|
Department stores
All chains are operated by Central Department Store Group (CDG)
| Chains | Country | Branches |
|---|---|---|
| Central Department Store | Thailand | 21 |
| Indonesia | 2 | |
| Malaysia | 1 | |
| Robinson Department Store (Robins in Vietnam) | Thailand | 39[12] |
| Vietnam | 2 | |
| ZEN (department store) | Thailand | 1 |
| Rinascente | Italy | 13 |
| Illum | Denmark | 1 |
| Alsterhaus | Germany | 1 |
| KaDeWe | Germany | 1 |
| Oberpollinger | Germany | 1 |
See also
References
- ^ a b "Central Group; About us; Achievements". Central Group. Retrieved 21 April 2018.
- ^ Ono, Yukako (10 September 2017). "For Thailand's retail giant Central Group, it is no longer all in the family". Nikkei Asian Review. Retrieved 10 September 2017.
- ^ "Central Pattana Group (CPN)". Central Group. Retrieved 25 November 2015.
- ^ "Central Department Store Group (CDG)". Central Group. Retrieved 25 November 2015.
- ^ "Centara Hotels and Resorts Group (CHR)". Central Group. Retrieved 26 November 2015.
- ^ "Central Restaurants Group (CRG)". Central Group. Retrieved 25 November 2015.
- ^ "Central Food Retail Group (CFG)". Central Group. Retrieved 25 November 2015.
- ^ "Central Hardlines Group (CHG)". Central Group. Retrieved 25 November 2015.
- ^ "Central Marketing Group (CMG)". Central Group. Retrieved 25 November 2015.
- ^ "Central Marketing Group Malaysia (CMG-MY)". Central Marketing Group Malaysia. Retrieved 5 October 2017.
- ^ "Central Online (COL)". Central Group. Retrieved 25 November 2015.
- ^ "Store Location". Robinson Department Store. Retrieved 24 July 2015.