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.

Tos Chirathivat is the chief executive officer (CEO) of the Central Group
Central Group
กลุ่มเซ็นทรัล
TypeFamily-owned
Holding Company
IndustryMerchant, Real estate, Retailing, Hospitality, Restaurants
Founded1947 (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.
Revenue$920 million (2020)
$30 million (2020)[1]
Total assetsUS$6 billion (2020 est)
Number of employees
94,150[2]
SubsidiariesCentral Pattana PLC (SET: CPN)
Central Plaza Hotel PLC (SET: CENTEL)
Central Retail Corporation PLC (SET: CRC)
Central Online PLC (SET: COL)
Websitewww.centralgroup.com

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.[3] 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
Central Embassy, Pathum Wan, Bangkok
  • CPN (Central Pattana) real property development and malls management: CentralPlaza, CentralFestival, and CentralWorld.[4]
  • 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.[5]
  • CHR (Centara Hotel and Resort) operates more than 40 hotels and resorts and private residences in Thailand, Vietnam, Indonesia, Maldives, and Sri Lanka.[6]
  • 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.[7]
  • 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.[8]
  • CHG (Central Hardline Group) home and electric appliances store: Power Buy, Baan and Beyond, and Thai Watsadu.[9]
  • CMG (Central Marketing Group) high-end fashion imports such as: Casio watches, G-Shock, and Mango clothing.[10]
    • CMG-MY (Central Marketing Group Malaysia) operates popular fashion brands such as: John Master, KIKO, Baby KIKO, Trudy & teddy and Schwarzenbach[11]
  • 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.[12]

Malls

CPN Malls
Further information: Central Pattana
CentralWorld, Bangkok
CentralFestival, Chiang Mai
Central Village Luxury Outlet, Samut Prakan
CentralPlaza, Nakhon Ratchasima
NameOpeningFloor area (m²)Location
Central LardpraoApril, 198376,000Bangkok
Central RamindraNovember, 199386,000Bangkok
Central PinklaoMarch, 1995370,000Bangkok
Central MarinaJuly, 199570,000Chonburi
Central Chiangmai AirportMarch, 1996250,000Chiang Mai
Central Rama IIIOctober, 1997220,000Bangkok
Central BangnaDecember, 2001340,000Bangkok
Central Rama IIDecember, 2002210,000Bangkok
CentralWorldDecember, 2002550,000Bangkok
Central RattanathibetDecember, 2003300,000Nonthaburi
Central Phuket – FestivalSeptember, 2004120,000Phuket
Central ChaengwattanaNovember, 2008310,000Nonthaburi
Central PattayaJanuary, 2009250,000Pattaya
Central UdonApril, 2009250,000Udon Thani
Central ChonburiMay, 2009127,400Chonburi
Central Khon KaenDecember, 2009260,000Khon Kaen
Central ChiangraiMarch, 2011110,000Chiang Rai
Central PhitsanulokOctober, 2011100,000Phitsanulok
Central Rama IXDecember, 2011214,000Bangkok
Central SuratthaniOctober, 2012130,000Surat Thani
Central LampangNovember, 2012120,000Lampang
Central UbonApril, 2013140,000Ubon Ratchathani
Central ChiangmaiNovember, 2013260,000Chiang Mai
Central HatyaiDecember, 2013295,000Songkhla
Central SamuiMarch, 201490,000Ko Samui
Central SalayaAugust, 2014185,500Nakhon Pathom
Central RayongMay, 2015155,000Rayong
Central WestGateAugust, 2015500,000Nonthaburi
Central EastVilleOctober, 2015150,000Bangkok
Central Nakhon SiJuly, 2016125,000Nakhon Si Thammarat
Central KoratNovember, 2017355,000Nakhon Ratchasima
Central MahachaiNovember, 2017170,000Samut Sakhon
Central Phuket – FlorestaSeptember, 2018300,000Phuket
Central i-City[lower-alpha 1]March, 2019278,000[13]Shah Alam, Malaysia
Central Village Luxury OutletAugust, 201940,000Samut Prakan
Central Si RachaOctober, 2021140,000Chonburi
Central AyutthayaNovember, 2021160,000Ayutthaya
Central ChanthaburiQ3/202292,000Chanthaburi
  1. 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 stores

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

Rinascente, Rome
KaDeWe, Berlin
ChainsCountryBranches
Central Department StoreThailand22 (In 2019, Zen Department Store was rebranded as Central[14])
Indonesia1 (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.)[15]
Robinson Department Store (Robins in Vietnam)Thailand44[16]
Vietnam2
RinascenteItaly9 (2 in Rome)
Illum[lower-alpha 1]Denmark1
Alsterhaus[lower-alpha 1]Germany1
KaDeWe[lower-alpha 1]Germany1
Oberpollinger[lower-alpha 1]Germany1
Globus[lower-alpha 1] Switzerland 13
  1. In partnership with Signa Holding

Philanthropy
Thailand

In 2020, Central Group donated 68 million USD to help Thai people during COVID-19 pandemic.[17]

Vietnam

In 2017, Central Group presented gifts to 3,600 disadvantaged children.[18] 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.[19]

See also

References
  1. https://www.settrade.com/settrade/stock-quote/financialstatement?symbol=CPN
  2. "Achievements: Employees". Central Group. Retrieved 2019-01-16.
  3. 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.
  4. "Central Pattana Group (CPN)". Central Group. Retrieved 25 November 2015.
  5. "Central Department Store Group (CDG)". Central Group. Retrieved 25 November 2015.
  6. "Centara Hotels and Resorts Group (CHR)". Central Group. Retrieved 26 November 2015.
  7. "Central Restaurants Group (CRG)". Central Group. Retrieved 25 November 2015.
  8. "Central Food Retail Group (CFG)". Central Group. Retrieved 25 November 2015.
  9. "Central Hardlines Group (CHG)". Central Group. Retrieved 25 November 2015.
  10. "Central Marketing Group (CMG)". Central Group. Retrieved 25 November 2015.
  11. "Central Marketing Group Malaysia (CMG-MY)". Central Marketing Group Malaysia. Retrieved 5 October 2017.
  12. "Central Online (COL)". Central Group. Retrieved 25 November 2015.
  13. "Central i-City". www.cpn.co.th. Retrieved 2018-10-22.
  14. "CENTRAL GROUP on Instagram: "[#CGUPDATE] เปลี่ยนคุณให้เป็นอีกคน เริ่มต้นความสนุกครั้งใหม่ กับ ZEN ที่เปลี่ยนชื่อเป็น CENTRAL @ centralwOrld แล้ววันนี้ #CENTRALGroup…"". Instagram. Retrieved 2019-11-29.
  15. https://cdn1.imggmi.com/uploads/2019/1/11/165036cfccfa2a903e76c48f38a18f1d-full.png
  16. "Store Location". Robinson Department Store. Retrieved 4 January 2019.
  17. ""เซ็นทรัล" ตอบจม.นายกฯ ควัก 2 พันล้าน ช่วยโควิด-19".
  18. "Central Group Việt Nam và Big C tặng 3.600 phần quà cho trẻ em nhân ngày thiếu nhi".
  19. "Central Group tặng 70.000 khẩu trang y tế và 9.000 kính chống giọt bắn cho bệnh viện".
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