, Thailand
465 views

Central Retail launches megaproject ‘Tops CLUB’

The project seeks to bring a global household shopping experience. 

Central Retail, through its unit Central Food Retail, has launched megaproject “Tops CLUB,” which seeks to bring consumers a global household shopping experience. 

Central Retail plans to create Tops CLUB as an empire with a membership model, offering more than 3,500 products largely consisting of imported goods and exclusive brands. 

The first Tops CLUB flagship store will officially open in September in Rama II. The company expects it to be a must-visit destination amongst local and foreign shoppers.  

“Tops Market is a successful brand in Thailand, and the success is expanded further into Vietnam,” Stephane Coum, CEO - Food Group, Central Retail, said. 

“To elevate our retail business as we embark on our third decade, and to grow steadily, strongly and sustainably, we have announced our 5-year strategy with four key areas to lead our food retail business towards our goal.”

Read more: Central Retail targets over 20% sales volume hike in new store

This is under its CRC Retailligence strategy, which saw an investment of THB18b as Central Retail aimed to triple revenue and expand its customer base to become a leading food retailer in Thailand and Vietnam. 

“We are confident that Tops will become a brand that truly understands what consumers need, going beyond traditional supermarket and growing steadily, strongly and sustainably,” he also said.

 

Follow the link for more news on

Join Retail Asia community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Top News

Hydration products gain traction in APAC
It was driven by increased awareness of health concerns like global warming and modern lifestyles.
Ingka Group unveils strengthened climate targets
It focuses on reducing GHG emissions, carbon removal and storage, and contributions beyond the value chain.
How can retailers improve customer value and operations
Businesses must adopt a unified commerce strategy to meet consumer demand for seamless transactions driven by technology.

Exclusives

AI prompts fearless dive into corporate reinvention
Siam Piwat Group’s digital chief touts AI’s transformative power in boosting customer value, personalisation, and brand trust.
Indonesia’s future of retail lies in a blended approach
Industry leaders discuss the innovative strategies to meet evolving consumer needs at Retail Asia Forum 2024