Big c casino thailand
Groupe Casino has agreed to sell its stake in Thai hypermarket operator Big C Supercenter for $ billion to Thai billionaire Charoen Sirivadhanabhakdi. French supermarket company Groupe Casino has been approached to offload its profitable Big C operation in Thailand. Big C plans REIT as part of Casino Group’s financial strategy for By The Nation In Thailand, Casino’s Big C owns almost , square.
Thailand’s TCC Group to Buy Groupe Casino’s Stake in Big C
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Big C and its subsidiaries operated stores in Thailand as of September The company was founded by Central Group in and the first Big C opened on Chaengwattana Road in Bangkok in ,  prior to the company becoming listed on the Stock Exchange of Thailand in It began selling groceries from Central Supermarket and private label clothing from Central Department Store and Central Trading , under the self-service store concept.
The Big C brand was first launched on 15 January , the name being an abbreviation of "Big Central". Garment PLC holding a majority stake.
Big C launched the single floor store concept at Bangphlee in , integrating a super center 12, m 2 floor space and a layout and decor to facilitate shopping. The efficient design contributed to lower operating costs.
Groupe Casino bought million shares of a capital increase in , making them the largest shareholder after the company's recapitalization. After securing the controlling stake in Big C, Groupe Casino sold Big C's garment business in order to concentrate only on retail activity to strengthen the efficiency of the operation. Big C extended its business hours from Big C Foundation Thai: Big C developed and expanded the "Compact Store" store concept in Compact Stores each require an investment of between and million baht, and have an average retail space of 5,, square metres, whereas Big C's standard stores have retail space of about 10, square metres and require an investment of between million baht.
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