
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.