Central Retail is investing US$24 billion to transform Thai retail.

From CRC OMNI-Intelligence's vision for Central Retail, it has been developed into a plan for 2024 that includes performance targets for revenue growth of 9-11%, EBITDA growth of 15-17% and an investment budget, Mr. Yoon said. 22,000-24,000 million baht, and the operational plan for this year consists of

• Fashion Group: Development of the Central Store flagship store, Chidlom branch, into a world-class luxury destination, including the expansion of two additional branches, for a total of 88 branches in Thailand, along with the renovation and modernization of 4 other stores, in addition to plans to add international brands. And bring brands in Thailand to expand in Vietnam
• Food Group: Moving forward to expand GO Wholesale to 7 more branches, aiming to expand a total of 40 branches within 5 years and become No. 1 Omni B2B in HoReCa Group. There is also a plan to expand Tops branches, with a total of 10 branches in Thailand, for Vietnam, there is a plan, open 3 branches of Go Hypermarket! (Mini Go!) 9 other branches
• Hardline Group: Moving forward with the expansion of 9 branches of Thai Watsadu, renovating 4 more branches and transforming Nguyen Kim in Vietnam to a more complete level.
• Ownership group: Robinson Lifestyle Shopping Center There is continuous development and improvement of the branches. As for the GO! In Vietnam, there are plans to expand 3 more branches, with the aim of closing in 2024 with 42 branches, covering 42 provinces out of 63 provinces nationwide.

“From this plan, the expansion of affiliate business group branches uses big data to determine which business we should focus on. And give importance to which country? Like this year in Central retail business sees building materials growing, so there is a continuous expansion of Watsadu's Thai branches. Vietnam has the largest Growth in food groups, leading to expansion of GO! malls in Vietnam”

Page 16 Thansitakij Newspaper, Year 43, Issue 3966, Date 15 – 17 February 2024