The Central Group of Companies (Thai: ?????????????) 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.
Founder Tiang emigrated from Hainan Island to Bangkok in 1925. Most other Chinese immigrants started businesses in Bangkok's Chinatown. 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. 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.
Video Central Group
Major subsidiaries
- CPN (Central Pattana) real property development and malls management: CentralPlaza, CentralFestival, and CentralWorld.
- CDG (Central Department Store Group), legally named Central Retail Corporation (CRC) operates its department and retail stores: Central Department Store, Robinson Department Store, Central Embassy, ZEN, CRC Sports, La Rinascente, ILLUM, Alsterhaus, KaDeWe, and Oberpollinger.
- CHR (Centara Hotel and Resort) operates more than 40 hotels and resorts and private residences in Thailand, Vietnam, Indonesia, Maldives, and Sri Lanka.
- CRG (Central Restaurant Group) food franchises in Thailand: Mister Donut, KFC (malls branch only), Auntie Anne's, Pepper Lunch, Chabuton, Coldstone, Ryu Shabu Shabu, The Terrace, Yoshinoya, Ootoya, Tenya, and Katsuya.
- 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.
- CHG (Central Hardline Group) home and electric appliances store: Power Buy, Baan and Beyond, HomeWork, and Thai Wassadu.
- CMG (Central Marketing Group) high-end fashion imports such as: Casio watches, G-Shock, and Mango clothing.
- CMG-MY (Central Marketing Group Malaysia) operates popular fashion brands such as: John Master, KIKO, Baby KIKO, Trudy & teddy and Schwarzenbach
- CGVN (Central Group Vietnam) operates central brands in Vietnam and Nguyenkim Shopping Center.
- COL (Central Online) books, stationery, and office store. It operates central group's e-commerce system and applications: B2S, OfficeMate (formerly, Office Depot), and Cenergy Innovation.
Maps Central Group
Malls
CPN Malls
Department stores
All chains are operated by Central Department Store Group (CDG)
See also
- Chirathivat family
- Robinson Department Store
- Big C
- Tesco Lotus
References
External links
- Central Group website
Source of the article : Wikipedia
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