Central Retail reshapes its Thai retail empire

Central Retail, a dominant mall and retail conglomerate in Thailand, is undergoing a strategic reset to reshape its sprawling empire. The group's restructuring efforts are being underpinned by strong food sales.

The company operates across nearly every major retail category and holds licenses to distribute many major brands within its own malls. The reset aims to address challenges within its various business segments, including specialty stores, department stores, and its supermarket division.