Harman Patil (Editor)

Central Group

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Number of employees
  
70,000

Revenue
  
9.17 billion USD (2016)

Founder
  
Tiang Chirathivat

Central Group wwwcpncothsrcimagescontentgroupstructure2

Type
  
Family-owned Holding Company

Industry
  
Merchant, Real estate, Retailing, Hospitality, Restaurants

Area served
  
Thailand Italy Germany Denmark Vietnam Malaysia Indonesia Maldives Sri Lanka

Products
  
Shopping centres, department stores, restaurants, hotels.

Total assets
  
US$9.7 billion (2014 est)

CEO
  
Tos Chirathivat (29 Nov 2013–)

Headquarters
  
Pathum Wan District, Bangkok, Thailand

Founded
  
1947, Samphanthawong District, Bangkok, Thailand

Subsidiaries
  
Central Department Store

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.

Contents

History

Tiang Chirathivat, an overseas Chinese from Hainan, started a general merchandise store in 1947 in Samphanthawong District, Bangkok's 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

  • 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.
  • 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.

    • Department stores

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

    References

    Central Group Wikipedia
    (Text) CC BY-SA