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Central Group

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Thai multinational conglomerate
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Central Group
Native name
กลุ่มเซ็นทรัล
Company typePrivately held
Industry
  • Retail
  • property development
  • brand management
  • hospitality
  • food and beverage
  • digital lifestyle
Founded1947; 78 years ago (1947)
Founder
  • Tiang Chirathivat
  • Samrit Chirathivat
Headquarters,
Areas served
Key people
Tos Chirathivat (executive chairman and CEO)
Products
OwnerChirathivat family
Number of employees
80,000 (2022)
Subsidiaries
Websitecentralgroup.com
Footnotes / references
[1]

Central Group is a Thaimultinationalconglomerate founded by Tiang and Samrit Chirathivat in 1947, and still privately owned by theChirathivat family as of 2025[update]. Its publicly-traded subsidiaries include Central Retail,Central Pattana (commercial real estate development), and Central Plaza Hotel (hospitality group and restaurant operator). Its privately-held subsidiaries operate several European department stores, including those acquired from the formerKaDeWe Group andSelfridges Group, and financial services.

History

[edit]

Founder Tiang emigrated fromHainan Island toBangkok in 1925. He set up his first shop in theThon Buri district on the outskirts of Bangkok across theChao Phraya River from the city center. He moved across the Chao Phraya River to a location near the grand Oriental Hotel (now theMandarin 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 inChatuchak District, Bangkok, in 1983. Besides expansion through physical presence in the Bangkok retail space, Central Group has in recent years built an online presence amongASEANe-tailers and a strong presence of luxury department store collection in Europe.

Public subsidiaries

[edit]

Central Retail

[edit]
List of Central Retail department stores
NameYear
founded
Notes
Big C1993
Central Department Store1927One location in Indonesia[3][4]
Go!
Lanchi Mart
Robinson Department Store1979Acquired by Central in 1995
Tops Supermarket1996
Robins2014Vietnamese rebranding of Robinsons Department Store
Zen1989Rebranded to Central in 2019

Central Pattana

[edit]
Main article:Central Pattana
List of Central Pattana properties
CityNameYear
opened
Gross floor area
AyutthayaCentral Ayutthaya2021160,000 m2 (1,700,000 sq ft)
BangkokCentral Bangna2001500,000 m2 (5,400,000 sq ft)
Central EastVille201590,000 m2 (970,000 sq ft)
Central Embassy20141,000,000 m2 (11,000,000 sq ft)
Central Ladprao1982310,000 m2 (3,300,000 sq ft)
Central Pinklao1995370,000 m2 (4,000,000 sq ft)
Central Rama II2002273,000 m2 (2,940,000 sq ft)
Central Rama IX2011214,000 m2 (2,300,000 sq ft)
Central Rama III1997188,000 m2 (2,020,000 sq ft)
Central Ramindra199386,000 m2 (930,000 sq ft)
CentralWorld2002830,000 m2 (8,900,000 sq ft)
The Esplanade Ratchada2021105,000 m2 (1,130,000 sq ft)
Marche Thonglor202362,000 m2 (670,000 sq ft)
ChanthaburiCentral Chanthaburi202292,000 m2 (990,000 sq ft)
Chiang MaiCentral Chiangmai Airport1996250,000 m2 (2,700,000 sq ft)
Central Chiangmai2013260,000 m2 (2,800,000 sq ft)
Chiang RaiCentral Chiangrai2011110,000 m2 (1,200,000 sq ft)
ChonburiCentral Chonburi2009156,000 m2 (1,680,000 sq ft)
Central Si Racha2021140,000 m2 (1,500,000 sq ft)
Khon KaenCentral Khonkaen2009200,000 m2 (2,200,000 sq ft)
Central Khonkaen Campus202667,000 m2 (720,000 sq ft)
Ko SamuiCentral Samui201476,000 m2 (820,000 sq ft)
KrabiCentral Krabi202547,500 m2 (511,000 sq ft)
LampangCentral Lampang2012110,000 m2 (1,200,000 sq ft)
Nakhon PathomCentral Salaya2014185,500 m2 (1,997,000 sq ft)
Central Nakhon Pathom2024126,000 m2 (1,360,000 sq ft)
Nakhon RatchasimaCentral Korat2017233,000 m2 (2,510,000 sq ft)
Nakhon SawanCentral Nakhon Sawan2024133,300 m2 (1,435,000 sq ft)
Nakhon Si ThammaratCentral Nakhon Si2016125,000 m2 (1,350,000 sq ft)
NonthaburiCentral Chaengwattana2008310,000 m2 (3,300,000 sq ft)
Central NorthVille2003210,000 m2 (2,300,000 sq ft)
Central WestGate2015352,000 m2 (3,790,000 sq ft)
Central WestVille202393,000 m2 (1,000,000 sq ft)
PattayaCentral Marina199570,000 m2 (750,000 sq ft)
Central Pattaya2009210,000 m2 (2,300,000 sq ft)
PhitsanulokCentral Phitsanulok2011100,000 m2 (1,100,000 sq ft)
PhuketCentral Phuket2018400,000 m2 (4,300,000 sq ft)
RayongCentral Rayong2015155,000 m2 (1,670,000 sq ft)
Samut PrakanCentral Village Luxury Outlet201980,000 m2 (860,000 sq ft)
Megacity Bangna2021500,000 m2 (5,400,000 sq ft)
Samut SakhonCentral Mahachai2017131,250 m2 (1,412,800 sq ft)
Shah Alam, MalaysiaCentral i-City[a]2019259,000 m2 (2,790,000 sq ft)
SongkhlaCentral Hatyai2013295,000 m2 (3,180,000 sq ft)
Surat ThaniCentral Suratthani2012130,000 m2 (1,400,000 sq ft)
Ubon RatchathaniCentral Ubon2013186,284 m2 (2,005,140 sq ft)
Udon ThaniCentral Udon2009250,000 m2 (2,700,000 sq ft)
  1. ^Central i-City is the only CPN-owned mall that does not feature Central Department Store or any Central Group retail stores.

Central Plaza Hotel

[edit]

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.[5]

Private subsidiaries

[edit]

European luxury stores

[edit]
List of Central Group department stores in Europe
CountryNameYear
founded
Year
acquired
Notes
DenmarkIllum18912013
GermanyAlsterhaus19122015
Kaufhaus des Westens19072015
Oberpollinger19052015
ItalyLa Rinascente18652011
IrelandArnotts18432022Joint venture with the Saudi ArabianPublic Investment Fund
Brown Thomas18481983Joint venture with the Saudi Arabian Public Investment Fund
NetherlandsDe Bijenkorf18702022Joint venture with the Saudi Arabian Public Investment Fund
SwitzerlandGlobus19072020
United KingdomSelfridges19082022Joint venture with the Saudi Arabian Public Investment Fund

Financial services

[edit]

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.

  • 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[6]

Gallery

[edit]

References

[edit]
  1. ^"Achievements: Employees".Central Group. Retrieved2022-02-11.
  2. ^Ono, Yukako (10 September 2017)."For Thailand's retail giant Central Group, it is no longer all in the family".Nikkei Asian Review. Retrieved10 September 2017.
  3. ^"CENTRAL GROUP on Instagram: "[#CGUPDATE] เปลี่ยนคุณให้เป็นอีกคน เริ่มต้นความสนุกครั้งใหม่ กับ ZEN ที่เปลี่ยนชื่อเป็น CENTRAL @ centralwOrld แล้ววันนี้ #CENTRALGroup…"".Instagram. Archived fromthe original on 2021-12-24. Retrieved2019-11-29.
  4. ^Image imggmi.comArchived 2019-01-11 at theWayback Machine
  5. ^"Hospitality".www.centralgroup.com. Retrieved19 November 2023.
  6. ^"Financial Services & FinTech".centralgroup.com. Retrieved2023-08-03.

External links

[edit]
Stores
Asia
Europe
Subsidiaries
Acquisitions
Related topics
DJSI World companies
Americas
Europe
Asia Pacific
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