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Bangkok Post
Bangkok Post
Business

Central stores allotted B15bn for facelift

Mr Bron announces the firm's five-year strategy at a press conference.

Central Department Store Co under Central Retail Corporation (CRC), the SET-listed retail arm of Central Group, looks set to spend 15 billion baht to expand its retail business during 2023-2027.

According to Olivier Bron, the company's chief executive, 80% of the investment will be allocated to major renovations of its existing Central department stores at Chidlom, Megabangna and Ram Intra; Robinson Department Store Fashion Island; minor renovations of 14 other Central and Robinson department stores; and two new department stores to be opened in Bangkok and provincial areas.

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