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The Mall Group (Thai: เดอะมอลล์กรุ๊ป) is one of Thailand’s largest retail conglomerates, known for its portfolio of shopping malls and department stores.[2] Its brands include the Mall, Emporium, EmQuartier, Emsphere, Siam Paragon, Gourmet Market, and others.[3]
 | |
| Industry | Retailing |
|---|---|
| Founded | 25 June 1981 |
| Founder | Supachai Umpujh Nongluck Umpujh |
| Headquarters | Bang Kapi, Bangkok, Thailand |
Key people | Supaluck Umpujh, chair Lakana Naviroj, managing director[1] |
| Products | Shopping centers, department stores |
| Revenue | US$1 billion (2016 est.) |
| Owner | Umpujh & Phataraprasit families |
| Website | themallgroup |
It is a private company and a subsidiary of Lukrak Supachai Company Limited.[1] The current chair is Supaluck Umpujh.[4][5] As of 2018[update] it had 13,000 employees.[6] The group has been a member of the International Association of Department Stores since 2009.[7][8]
History
editThe Mall Group opened its first retail store on 25 June 1981 on Ratchadamri Road in Bangkok. At the time it had 400 employees.[6]
In 2020, the group decided to rebrand for the first time in 39 years, aiming to turn all shopping and retail entertainment complexes to "The Mall Lifestores". According to Chairwoman Supaluck Umpujh, all existing malls should be rebranded by 2023.[2]
In December 2021, the company announced it was teaming up with Bitkub, a cryptocurrency exchange based in Thailand, to form a joint venture aiming to make Thailand a leading hub for digital asset investment.
The company is 65% owned by the Umpujh family and 35% owned by the Phataraprasit family.[9][10][11]
Malls
edit| Year | Mall |
|---|---|
| 1981 | First shopping mall, Ratchadamri Road, Bangkok[6] (The Mall 1) |
| 1983 | The Mall Ramkamhaeng (The Mall 2, 3) |
| 1989 | M Lifestore Thapra (M Lifestore 5) |
| 1991 | M Lifestore Ngamwongwan (M Lifestore 6) |
| 1994 | M Lifestore Bangkhae (M Lifestore 7) and M Lifestore Bangkapi (M Lifestore 8) |
| 1997 | Emporium, Bangkok |
| 2000 | M Lifestore Korat (M Lifestore 9) |
| 2005 | Siam Paragon, Bangkok (a joint venture with Siam Piwat) |
| 2005 | The Mall SkyPORT (inside Don Mueang International Airport, Terminal 1) |
| 2014 | BLÚPORT, Hua Hin (sold to Proud Real Estate Group in 2021) |
| 2015 | EmQuartier, Bangkok |
| 2023 | EmSphere, Bangkok |
| 2026 | The Bangkok Mall (under construction) including Bangkok Arena |
Branch
editThe Mall Ramkhamhaeng
Shopping mall, department store
|
Currently being remodeled |
| M Lifestore Thaphra | Previously known as The Mall Thaphra |
| M Lifestore Bangkae | Previously known as The Mall Bangkae. |
| M Lifestore Bangkapi | Previously known as The Mall Bangkapi |
| M Lifestore Korat (Nakhon Ratchasima) | Previously known as The Mall Korat (Nakkon Ratchasima) |
| M Lifestore Ngamwongan | Previously known as The Mall Ngamwongwan |
| Paragon Department Store (Siam Paragon) | To be remodeled |
| Emporium Department Store at The EM District (Emporium/Emquartier/Empshere) | EmSphere currently under construction. Emporium Department Store to be remodeled |
| The Bangkok Mall | Currently under construction |
Former branch
edit- The Mall Ratchadamri (Ratchaprasong) - the first store, defunct since 1988
- The Mall III Ramkhamhaeng - supermarket, department store and shopping center, defunct since 2017
See also
editReferences
edit- ^ a b "Company Overview of The Mall Group Co., Ltd". Bloomberg. Retrieved 9 November 2017.
- ^ a b "The Mall embarks on first-ever rebranding". Bangkok Post. Retrieved 4 March 2021.
- ^ "Our Businesses". The Mall Group. Retrieved 27 September 2018.
- ^ "Forbes Profile: Supaluck Umpujh". Forbes. Retrieved 9 November 2017.
- ^ Jitpleecheep, Pitsinee; Banchongduang, Somruedi (2 November 2017). "The Mall Group to make cashless move". Bangkok Post. Retrieved 9 November 2017.
- ^ a b c Rungfapaisarn, Kwanchai (11 August 2018). "Just like one big family". The Nation. Retrieved 11 August 2018.
- ^ "The Mall". iads.org. Retrieved 22 April 2021.
- ^ Jitpleecheep, Pitsinee; Pholkwamdee, Nuntawan (12 January 2022). "The Mall Group to make cashless move". Bangkok Post. Retrieved 3 March 2022.
- ^ "Supaluck Umpujh & family". Forbes. Retrieved 22 April 2022.
- ^ "Determination of date of the Extraordinary General Meeting of Shareholders No. 1/2018 and the issue and offer of newly issued ordinary shares to specific investor" (PDF).
- ^ "Peninsula Parent's Thailand Dispute Shows Perils of Owner-Chain Relations". Skift. 21 October 2019. Retrieved 22 April 2022.
- ^ "The Mall Lifestore Ngamwongwan". The Mall. Retrieved 2 January 2021.