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Berli Jucker, the operator of Big C in Thailand, reports positive Q3 results and international expansion in 2019.
Coupang plans to launch a 'Thai Mall' flagship store on its online platform to sell a variety of exclusive Thai products, including food, beverages, lifestyle, furniture, pet and spa products.
Thailand has been promoting Thai products on Coupang since August, with 899 SKUs, mostly food and beverage items. Thai Commerce Minister Sontirat Sontijirawong said the online platform will help accelerate export volumes to South Korea by 7% in 2019. The two parties agreed to expand cooperation and sell more Thai products on the platform, aiming at THB 200m (US$6m)next year.
Started off as a daily deals website, Coupang is now the largest online marketplace in South Korea. It aims to fulfil its customers' needs by offering a wide range of products at low prices and guaranteed next day delivery.
To find out more about Coupang's priorities, please click here.
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Boots Retail Thailand announces the appointment of new Managing Director, Mike Wanliss.
He will take up the new role on 21st January 2019, reporting into Dean Thompson, VP and regional managing director for Asia international retail.
Wanliss brings with him 40 years’ experience in the retail industry. He joins the business from M.H. Alshaya Co, a leading international franchise operator, where he has acted as VP Boots Middle East since 2011.
Wanliss has also carried out leadership roles at both Woolworths and Cooperative Pharmacy.
Guaranteed next day delivery of letters and parcels.
Starting from today, you can get your mail delivered at more than 3,000 7-Eleven stores in Bangkok. The service is a joint venture between CP Group, Thailand’s largest grocery retailer and local delivery company Dynamic Logistics.
Next day delivery is guaranteed for all packages that are received before 9pm. In addition, packages can be tracked via the Dynamic Logistics website for added security.
Other value added services have also been recently introduced at 7-Eleven. The retailer has partnered with Thailand’s Government Savings Bank to offer shoppers basic banking facilities, such as deposit and withdrawal of funds.
Earlier this month, 7-Eleven Thailand started a food delivery trial to limited areas within Bangkok. Ready-to-eat meals and snacks can be easily ordered through the LINE messaging app and will be delivered to you within 30 minutes.
Click here for the latest news and developments about 7-Eleven Thailand.
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Since the official launch of the JD Central website about a week ago, more plans have been revealed by the new joint venture between Chinese online specialist JD and Thailand’s Central Group.
JD Central offers products from 4,000 brands, including mobile phones, food, home accessories and apparel. During the three-month trial, orders on the new platform increased 15-fold. Vincent Yang, JD Central’s CEO, said just 2 per cent of orders were returned and there was a 50 per cent repurchase rate by customers. Four out of every five customers accessed the site via mobile.
JD Central remains very positive on the growth potential of ecommerce in Thailand. The company aims to be Thailand’s largest online retailer by 2020.
JD Central is looking into locations suitable for testing an unmanned store, where customers could enter the store and make payments using facial recognition software. JD.com has tested these technologies in its 7Fresh supermarket in China.
JD Central is also considering other technologies to reduce costs and improve efficiency, such as autonomous robots to replace humans in warehouses. The company will need to get approval to use robots and autonomous delivery vehicles in Thailand.
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This in-depth guide to Thailand explores the key trends in grocery retail and the growth strategies of the leading retailers in the country.
Five year growth forecasts for the grocery market, the leading retailers and modern trade grocery channels in Thailand.