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Analysis: a perfect retail storm is brewing

Inside Retail

With landlord abatements now coming to an end, some retailers are also reporting rental increases of around 5 per cent for specialty stores and 4 per cent for large store chains. per cent increase in department stores and a 3.3 per cent decline in net profit after tax. This savings rate peaked at 23.7

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Central Retail: Expansions and omnichannel drive growth

Inside Retail

billion baht, and net profit by 1.3 Among the highlights was a successful relaunch of Central Chidlom (popularly known as Central Department Store) in downtown Bangkok, with a new multi-level designer wing called Luxe Galerie. Also, the portfolio still has a lot more growth potential. For the full year, revenue grew by 5.7