News Forum - Central department stores to get facelift funding

[Thaiger]

The Central department stores, seen throughout Thailand and other countries, may be looking a lot less shabby as the retail giant has approved a 15 billion baht makeover for its stores. Central Department Store Co under Central Retail Corporation has approved the funding as part of efforts to expand the retail business from 2023 to 2027. Oliver Bron, the company’s chief executive, says 80% of the approved funding will go towards renovations of existing department stores. The remaining 20% will go towards IT upgrades and development. Bron says the move to give the stores a facelift is expected to increase […]

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