Central Group

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.

Central Group
กลุ่มเซ็นทรัล
Family-owned
Holding Company
IndustryMerchant, Real estate, Retailing, Hospitality, Restaurants
Founded1947; 73 years ago (1947)
FounderTiang Chirathivat
HeadquartersBangkok, Thailand
Area served
Thailand
Italy
Germany
Denmark
Vietnam
Malaysia
Indonesia
Maldives
Sri Lanka
Key people
Tos Chirathivat, CEO
ProductsShopping centres, department stores, restaurants, hotels.
RevenueIncrease US$10.4 billion (2016)[citation needed]
Total assetsUS$9.7 billion (2014 est)
Number of employees
94,150[1]
SubsidiariesCentral Pattana PLC (SETCPN)
Central Plaza Hotel PLC (SETCENTEL)
Central Retail Corporation PLC (SETCRC)
Central Online PLC (SETCOL)
Websitewww.centralgroup.com
Tos Chirathivat is the chief executive officer (CEO) of the Central Group

Founder Tiang emigrated from Hainan Island to Bangkok in 1925. Most other Chinese immigrants started businesses in Chinatown, Bangkok. 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 subsidiariesEdit

 
Central Embassy, Pathum Wan, Bangkok
  • 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 (including defunct Zen), Robinson Department Store, 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, HOME MART, 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, and Cenergy Innovation.[11]

MallsEdit

CPN MallsEdit

 
CentralWorld, Bangkok
 
CentralFestival, Chiang Mai
 
CentralPlaza, Udon Thani
 
Central Village Luxury Outlet, Samut Prakan
 
CentralPlaza, Nakhon Ratchasima
Name Opening Floor area (m²) Location
Central Lardprao April, 1983 76,000 Bangkok
CentralPlaza Ramindra November, 1993 86,000 Bangkok
CentralPlaza Pinklao March, 1995 350,000 Bangkok
Central Marina July, 1995 62,000 Chonburi
Central Chiangmai Airport March, 1996 250,000 Chiang Mai
CentralPlaza Rama III October, 1997 220,000 Bangkok
CentralPlaza Bangna December, 2001 340,000 Bangkok
Central Rama II December, 2002 210,000 Bangkok
CentralWorld December, 2002 550,000 Bangkok
CentralPlaza Rattanathibet December, 2003 300,000 Nonthaburi
Central Phuket - Festival September, 2004 120,000 Phuket
Central Chaengwattana November, 2008 310,000 Nonthaburi
Central Pattaya Beach January, 2009 250,000 Pattaya
Central Udon Thani April, 2009 250,000 Udon Thani
Central Chonburi May, 2009 127,400 Chonburi
Central Khon Kaen December, 2009 260,000 Khon Kaen
Central Chiangrai March, 2011 110,000 Chiang Rai
CentralPlaza Phitsanulok October, 2011 100,000 Phitsanulok
Central Grand December, 2011 214,000 Bangkok
Central Suratthani October, 2012 130,000 Surat Thani
CentralPlaza Lampang November, 2012 120,000 Lampang
CentralPlaza Ubonratchathani April, 2013 140,000 Ubon Ratchathani
Central Chiangmai Festival November, 2013 260,000 Chiang Mai
Central Hatyai December, 2013 295,000 Songkhla
CentralFestival Samui March, 2014 90,000 Ko Samui
CentralPlaza Salaya August, 2014 180,000 Nakhon Pathom
CentralPlaza Rayong May, 2015 150,000 Rayong
CentralPlaza WestGate August, 2015 500,000 Nonthaburi
CentralFestival EastVille October, 2015 160,000 Bangkok
CentralPlaza Nakhon Si Thammarat July, 2016 125,000 Nakhon Si Thammarat
CentralPlaza Nakhon Ratchasima November, 2017 355,000 Nakhon Ratchasima
CentralPlaza Mahachai November, 2017 170,000 Samut Sakhon
Central Phuket - Floresta September, 2018 300,000 Phuket
Central i-City* March, 2019 278,000[12] Shah Alam, Malaysia
Central Village Luxury Outlet August, 2019 40,000 Samut Prakan
CentralPlaza Ayutthaya 2021 160,000 Ayutthaya
CentralPlaza Siracha 2021 140,000 Chonburi
CentralPlaza Chanthaburi 2022 92,000 Chanthaburi

* Central i-City, despite managed by CPN, is the only mall that didn't feature Central Department Store or any Central Group retail stores.

Department storesEdit

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

Chains Country Branches
Central Department Store Thailand 22 (In 2019, Zen Department Store was rebranded as Central[13])
Indonesia 1 (Opened first at Grand Indonesia in 2014, then opened its second branch at Neo Soho in 2016, but Neo Soho branch closed down from February 18. 2019 due to low sales.)[14]
Robinson Department Store (Robins in Vietnam) Thailand 44[15]
Vietnam 2
Rinascente Italy 9 (2 in Rome)
Illum* Denmark 1
Alsterhaus* Germany 1
KaDeWe* Germany 1
Oberpollinger* Germany 1
Globus* Switzerland 13

PhilanthropyEdit

Thailand

In 2020, Central Group donated 68 million USD to help Thai people during Covid-19 pandemic.[16]

Vietnam

In 2017, Central Group presented gifts to 3,600 disadvantaged children.[17] In 2020, Central Group donated 70,000 medical masks and 9,000 anti-drop glasses to two leading hospitals in Hanoi and Ho Chi Minh City, National Hospital of Tropical Diseases Hanoi and National Hospital of Tropical Diseases Ho Chi Minh. Central Group presented 4 medical rooms for negative pressure isolation treatment, isolation support, and treatment of Covid-19 patients.[18]

See alsoEdit

ReferencesEdit

  1. ^ "Achievements: Employees". Central Group. Retrieved 2019-01-16.
  2. ^ 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.
  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 Marketing Group Malaysia (CMG-MY)". Central Marketing Group Malaysia. Retrieved 5 October 2017.
  11. ^ "Central Online (COL)". Central Group. Retrieved 25 November 2015.
  12. ^ "Central i-City". www.cpn.co.th. Retrieved 2018-10-22.
  13. ^ "CENTRAL GROUP on Instagram: "[#CGUPDATE] เปลี่ยนคุณให้เป็นอีกคน เริ่มต้นความสนุกครั้งใหม่ กับ ZEN ที่เปลี่ยนชื่อเป็น CENTRAL @ centralwOrld แล้ววันนี้ #CENTRALGroup…"". Instagram. Retrieved 2019-11-29.
  14. ^ https://cdn1.imggmi.com/uploads/2019/1/11/165036cfccfa2a903e76c48f38a18f1d-full.png
  15. ^ "Store Location". Robinson Department Store. Retrieved 4 January 2019.
  16. ^ ""เซ็นทรัล" ตอบจม.นายกฯ ควัก 2 พันล้าน ช่วยโควิด-19".
  17. ^ "Central Group Việt Nam và Big C tặng 3.600 phần quà cho trẻ em nhân ngày thiếu nhi".
  18. ^ "Central Group tặng 70.000 khẩu trang y tế và 9.000 kính chống giọt bắn cho bệnh viện".

External linksEdit