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Company type | Family-owned holding company |
---|---|
Industry | Retail, Property development, Brand management, Hospitality, Food and beverage, Digital lifestyle |
Founded | 1947 |
Founder | Tiang Chirathivat, Samrit Chirathivat |
Headquarters | Bangkok, Thailand |
Area served | Asia Indonesia Japan Malaysia Maldives Sri Lanka Thailand Vietnam Europe Denmark Germany Ireland Italy Netherlands Switzerland United Kingdom |
Key people | Tos Chirathivat, Executive Chairman and CEO |
Products | Shopping centers, department stores, restaurants, hotels. |
Number of employees | 80,000 [1] |
Subsidiaries | Central Pattana PLC (SET: CPN) Central Plaza Hotel PLC (SET: CENTEL) Central Retail Corporation PLC (SET: CRC) |
Website | CentralGroup.com |
Central Group is a Thai multinational conglomerate consisting of subsidiaries in retail, property development, brand management, hospitality, and food and beverage sectors.
Founder Tiang emigrated from Hainan Island to Bangkok in 1925. He set up his first shop in the Thon Buri 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. [2] In 1956, the family opened Central Department Store, the biggest department store in Thailand at that time, in Wang Burapa district, 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 1983. Besides expansion through physical presence in the Bangkok retail space, Central Group has in recent years built an online presence among ASEAN e-tailers and a strong presence of luxury department store collection in Europe.
Central Group has substantial operations in developing Thai retail and commercial properties, and currently holds the largest market share of net leasable area in Thailand. Besides retail, Central Group has also developed offices, co-working spaces and residential projects.
Name | Opening | Total Project GFA | Location |
---|---|---|---|
Central Ladprao | December, 1982 | 310,000 | Bangkok |
Central Ramindra | November, 1993 | 86,000 | Bangkok |
Central Pinklao | March, 1995 | 370,000 | Bangkok |
Central Marina | July, 1995 [3] | 70,000 | Pattaya |
Central Chiangmai Airport | March, 1996 | 250,000 | Chiang Mai |
Central Rama III | October, 1997 | 188,000 | Bangkok |
Central Bangna | December, 2001 | 500,000 | Bangkok |
Central Rama II | December, 2002 | 273,000 | Bangkok |
CentralWorld | December, 2002 | 830,000 | Bangkok |
Central Rattanathibet | December, 2003 | 140,000 | Nonthaburi |
Central Chaengwattana | November, 2008 | 310,000 | Nonthaburi |
Central Pattaya | January, 2009 | 210,000 | Pattaya |
Central Udon | April, 2009 | 250,000 | Udon Thani |
Central Chonburi | May, 2009 | 156,000 | Chonburi |
Central Khonkaen | December, 2009 | 200,000 | Khon Kaen |
Central Chiangrai | March, 2011 | 110,000 | Chiang Rai |
Central Phitsanulok | October, 2011 | 100,000 | Phitsanulok |
Central Rama IX | December, 2011 | 214,000 | Bangkok |
Central Suratthani | October, 2012 | 130,000 | Surat Thani |
Central Lampang | November, 2012 | 110,000 | Lampang |
Central Ubon | April, 2013 | 186,284 | Ubon Ratchathani |
Central Chiangmai | November, 2013 | 260,000 | Chiang Mai |
Central Hatyai | December, 2013 | 295,000 | Songkhla |
Central Samui | March, 2014 | 76,000 | Ko Samui |
Central Embassy (Mixed-use development) | May, 2014 | 1,000,000+ | Bangkok |
Central Salaya | August, 2014 | 185,500 | Nakhon Pathom |
Central Rayong | May, 2015 | 155,000 | Rayong |
Central WestGate | August, 2015 | 352,000 | Nonthaburi |
Central EastVille | October, 2015 | 90,000 | Bangkok |
Central Nakhon Si | July, 2016 | 125,000 | Nakhon Si Thammarat |
Central Korat | November, 2017 | 233,000 | Nakhon Ratchasima |
Central Mahachai | November, 2017 | 131,250 | Samut Sakhon |
Central Phuket – Floresta | September, 2018 | 300,000 | Phuket |
Central i-City [a] | March, 2019 | 259,000 [4] | Shah Alam, Malaysia |
Central Village Luxury Outlet | August, 2019 | 80,000 | Samut Prakan |
Central Si Racha | October, 2021 | 140,000 | Chonburi |
Central Ayutthaya | November, 2021 | 160,000 | Ayutthaya |
The Esplanade Ratchada | August, 2021 | 105,000 | Bangkok |
Megacity Bangna | August, 2021 | 500,000 | Samut Prakan |
Central Chanthaburi | May, 2022 | 92,000 | Chanthaburi |
Marche Thonglor | March, 2023 | 62,000 | Bangkok |
Central WestVille | November, 2023 | 93,000 | Nonthaburi |
Central Nakhon Sawan | January, 2024 | 133,300 | Nakhon Sawan |
Central Nakhon Pathom | March, 2024 | 126,000 | Nakhon Pathom |
Central Krabi | 2025 | 46,500 | Krabi |
Retail & Brands is Central Group's most significant business with investments in Europe and Asia.
Fashion: Department stores, lifestyle centers, lifestyle & fashion brands
Hardline: Home décor & construction, electronics, office supplies, books & stationery
Food: Supermarkets and convenience stores
Chains | Country | Branches |
---|---|---|
Central Department Store | Thailand | 22 (In 2019, Zen Department Store was rebranded as Central [5] ) |
Indonesia | 1 (Opened first at Grand Indonesia in 2014, then opened its second branch at Neo Soho in 2016, but Neo Soho branch closed down from February 18. 2019 due to low sales.) [6] | |
Robinson Department Store (Robins in Vietnam) | Thailand | 50 [7] |
Vietnam | 2 | |
La Rinascente | Italy | 9 |
Illum | Denmark | 1 (Copenhagen) |
Alsterhaus | Germany | 1 (Hamburg) |
KaDeWe | 1 (Berlin) | |
Oberpollinger | 1 (Munich) | |
Globus | Switzerland | 7 |
Selfridges [a] | England | 4 |
Brown Thomas [a] | Ireland | 5 (6 including BT2 Blanchardstown) |
Arnotts [a] | 1 (Dublin) | |
De Bijenkorf [a] | Netherlands | 7 |
Central Group owns and manages visitor accommodation at all major Thai tourist destinations and around the world under own banners as well as international brands. Hotels cover every segment from luxury to economy. Central’s own brands comprise Centara Reserve, Centara Grand, Centara Boutique Collection, Centara, Centra by Centara and Cosi, while internationally-branded hotels include Park Hyatt Bangkok and Hilton Pattaya. In the Maldives, Centara Grand is opening its fourth location on February 1, 2025. In Japan, Central Group is a co-investor in StayFactory Hotel Group, whose brands include Hotel Hillarys, Hotel Relief, and Hotel Stork. In Switzerland, Central Group has also comprised Central Hotel Zurich company and Globus supermarket.
Central Group has also pioneered restaurant chains in Thailand, and operates well-known local, regional, and international food brands such as Mister Donut, KFC, Auntie Anne’s, Pepper Lunch, Chabuton, The Terrace, Yoshinoya, Ootoya, Tenya, Katsuya and Fezt. [8]
One of Central Group's aspirations towards the New Central New Economy strategy is to create convenience for both merchants and consumers with financial services and Fintech, with the ultimate goal of a cashless society in Thailand.
Financial Services & Fintech categories:
Credit : The1 credit card, sales finance, personal loans
Payment : gift cards, e-payments, e-wallets
Insurance brokerage : motor, health, personal accident, property & casualty, group life [9]
Lotus's is a retail chain in Thailand founded and operated by Charoen Pokphand (CP) Group, with operations in Malaysia following the acquisition of Tesco Malaysia in 2020.
Big C, operated by Big C Supercenter Public Company Limited under Big C Retail Corporation Public Company Limited, is a grocery and general merchandising retailer headquartered in Bangkok, Thailand. Big C is as of 2016 Thailand's second-largest hypermarket operator after Tesco Lotus. It has operations in five countries, namely Thailand, Laos, Cambodia, Vietnam and Hong Kong.
Central Department Store is a Thai department store chain, owned by Central Group. It has branches in Thailand and Indonesia, and is also a Royal Warrant holder of the Thai Royal Family.
CentralWorld is a shopping plaza and complex in Bangkok, Thailand. It is the ninth largest shopping complex in the world. The complex, which includes a hotel and office tower, is owned by the company Central Pattana. In 2006, after three years of design and renovation, CentralWorld was expanded to 550,000 m2 (5,900,000 sq ft) of shopping mall and 830,000 m2 (8,900,000 sq ft) of complex, topping nearby rival Siam Paragon in terms of size.
Tops is a grocery chain in Thailand. Co-founded by the then-parent of U.S.-based Tops Markets LLC, the chain is operated under the name Tops Supermarket in Thailand by Central Food Retail, a subsidiary of Central Retail Corporation. In addition to Tops Supermarket, some branches are called Tops Superstore, Tops Market, Tops Market Food & Wine, Tops Daily and Central Food Hall. It is the largest supermarket chain in Thailand and operates 235 stores nationwide.
Central Bangna, also known as Central City Bangna, is a shopping centre on Bang Na–Trat Road located in Bang Na District in Bangkok, Thailand.
Central Rama 2 is shopping center located on Rama II Road in Bang Khun Thian District,Bangkok, Thailand. It is the top shopping complex in Thailand.The complex has 350 store ,Co-working space, cinema and have pet community zone, Is owned by the company Central Pattana. The mall opened In 2002.
Central Pattana Public Company Limited is Thailand's largest retail property development and investment company. It is a business unit under its parent, the Central Group. Central Pattana was founded as Central Plaza Co., Ltd. on 17 June 1980 with registered capital of 300 million baht by Central Group, the Tejapaibul family, Saha Union Group, and minor shareholders. The company was registered as a public limited company in 1994 and was listed on the Stock Exchange of Thailand (SET) on 1 March 1995. Wallaya Chirathivat is president and CEO.
Korn Chatikavanij is a Thai politician. He was formerly the leader of the Chart Pattana Kla Party and the Kla Party. He was a deputy leader of the Democrat Party. A five-term MP, he served from 2008 to 2011 as finance minister under Abhisit Vejjajiva.
Terminal 21 is a chain of mixed-use complexes with 4 locations in Thailand; Asok and Rama III in Bangkok, Korat, and Pattaya. The first location was opened in October 2011, located on Sukhumvit Road, by the Asoke intersection, in Watthana District of Bangkok, Thailand. The second location, Terminal 21 Korat, was opened in December 2016 and is located on Mittraphap Road in Nakhon Ratchasima Province. Terminal 21 Pattaya was opened in October 2018 and is located in Pattaya District of Chonburi Province. There is a proposal for Terminal 21 Rama III to be built by the Chao Phraya river in the Rama III neighbourhood of Yannawa District in Bangkok. On October 20, 2022, Terminal 21 Rama III officially opened.
Central Udon is a shopping mall on Prajaksilapakom Road, Mueang Udon Thani District, Udon Thani. Central Pattana acquired the former Charoensri complex on 8 April 2009. Plans have been made to renovate and expand the complex on a 7-acre (28,000 m2) land plot.
Central Chaengwattana is a shopping mall located on Chaeng Watthana Road, Pak Kret District, Nonthaburi in the Bangkok Metropolitan Area.
Central Pattaya (Thai:เซ็นทรัลพัทยา), previously CentralFestival Pattaya Beach, is a shopping mall in Pattaya, Thailand. The mall opened in 2009 and was the first shopping mall of Central Pattaya, Thailand's largest retail corporation under the "Central Pattaya" brand. Central Pattaya is the largest beachfront shopping center in all of Southeast Asia.
Central Rattanathibet is a shopping mall located on Rattanathibet Road in Mueang Nonthaburi District, Nonthaburi.
Central Chiangmai Airport, previously known as CentralPlaza Chiang Mai Airport and Central Airport Plaza, is a shopping mall in Mueang District, Chiang Mai. The shopping malls was established as Tantraphan Airport Plaza in 1987. Central Pattana took over and re-branded the shopping mall to Central Airport Plaza in March 1996. In early 2022, CentralPlaza Chiang Mai Airport underwent a minor name change and is now known as Central Chiang Mai Airport, which is part of Central Pattana's efforts to simplify the Central brand across Thailand.
Minor Hotels is an international hotel owner, operator, and investor headquartered in Bangkok, Thailand, with more than 550 hotels in over 55 countries across Asia-Pacific, the Middle East, Africa, the Indian Ocean, Europe, and the Americas. Minor Hotels operates as a subsidiary of Minor International, one of the largest hospitality and leisure companies in the Asia-Pacific region. The group operates hotels under the brands of Anantara Hotels & Resorts, Avani Hotels & Resorts, Elewana Collection, Oaks Hotels, Resorts & Suites, NH Hotels, NH Collection, nhow Hotels, and Tivoli Hotels & Resorts.
Iconsiam, stylized as ICONSIAM, and ICS is a mixed-use development on the banks of the Chao Phraya River in Bangkok, Thailand. It includes a large shopping mall, which opened to the public on 9 November 2018, as well as hotels and residences. The ฿54 billion project was jointly developed by Siam Piwat group, a Thai retail developer, MQDC Magnolia Quality Development, and Charoen Pokphand Group. The complex includes the tallest building in Thailand: the 70-floor Magnolia Waterfront Residences, and the country’s sixth tallest building: the 52-floor Mandarin Oriental Residences.
Central Embassy is a shopping mall in Bangkok. A project of the Thai conglomerate Central Group, it was constructed on the site of the former British Embassy gardens on Phloen Chit Road.
The East Asiatic Building is a historic building in Bangkok's Bang Rak District. It sits on the eastern bank of the Chao Phraya River, opposite the Oriental Hotel on Soi Charoen Krung 40 and adjacent to the Catholic Mission and Assumption Cathedral. The building was built c. 1900 in Renaissance Revival style to designs by Annibale Rigotti, and served as the headquarters of the East Asiatic Company (Thailand) until 1995, receiving the ASA Architectural Conservation Award in 1984. In 2023, Asset World Corporation announced plans to renovate the building into a hotel under the Plaza Athénée brand, in partnership with Nobu Hospitality.