Big C Supercenter. (Photo: StockFile)
Big C will spend USD 272m to open 200 new stores
(THAILAND, 4/4/2013)
National grocer and retailer Big C Supercenter is about to launch 200 new stores across the country for a cost of USD 272 million. It is also planning to develop two distribution centres to reduce the risks from flooding.
At first, the company will introduce six hypermarkets, 13 Big C Markets, 150 Mini Big Cs and 50 Pure drug stores at a cost of USD 170 million; the remaining USD 102 million will be invested in the construction of two distribution centres to be located in northern and eastern Bangkok.
This year, the firm will open 50-70 new Mini Big C stores. These will bring Big C's total number of outlets to 565, including 119 hypermarkets, 31 Big C Markets, 275 Mini Big Cs and 140 Pure drug stores.
Big C recently signed an exclusive agreement with Bangchak Petroleum to open Mini Big C outlets at 500 Bangchak petrol stations across Thailand. These stores will exist in two sizes, large and small, and both formats will carry a broad variety of food and non-food items and others such as bakery and dairy products, RBR reports.
The larger stores will stock 4,800 items and more fresh foods compared to the smaller stores, which will only carry some 3,800 items, Bangkok Post reports.
"We saw huge potential in developing convenience stores in the country, so we'll double our expansion of Mini Big Cs this year, opening another 150 on top of last year's 75," said Praphan Eamrungroj, Big C properties executive vice-president.
"We're very positive about the government's investment of 2 trillion baht in infrastructure. With more roads to be developed in many provinces, this will create more opportunities to develop new stores," Praphan said.
The company’s sales reached USD 3.81 billion last year. It runs six retail formats in 55 provinces throughout the country.
By Natalia Real
[email protected]
www.seafood.media
Information of the company:
Address:
|
89/36, Univest Bldg, Floor 7, Rajdamri Road, Lumpini Pathumwan
|
City:
|
Bangkok
|
State/ZIP:
|
(10330)
|
Country:
|
Thailand
|
Phone:
|
+66 2 655 0666
|
Fax:
|
+66 2 655 5801
|
More about:
|
|