Connect with us

Corporate

Thailand’s hypermarket Big C sees 2010 sales and profit higher

Avatar

Published

on

Thai hypermarket group Big C Supercenter BIGC.BK said on Thursday it expected growth in both net profit and sales of 6-7 percent in 2010, helped by the opening of new branches and a likely pick-up in the economy.

Loading...

But this year’s earnings should be flat from last year’s 2.85 billion baht ($86 million) as sales were likely to grow in a range of just 0-2 percent, missing a 5-6 percent target, Vice-President Jariya Chirathivat told reporters.

Big C, 36 percent owned by France’s Casino Group, is the country’s second-biggest hypermarket operator in terms of the number of stores after British-owned Tesco Lotus.

Big C currently runs 67 stores in Thailand. It opened 12 new stores in 2008.

Big C currently runs 67 stores in Thailand. It opened 12 new stores in 2008.

via UPDATE 1-Thailand’s Big C sees 2010 sales, profit higher | Reuters.

Comments

Corporate

Is remote leadership part of the new normal?

With 77% of adults reporting that they would be willing to learn new skills now, or completely retrain, to improve their future employability, there’s never been a better time to assess your own capabilities.

Daniel Lorenzzo

Published

on

Digitalisation, globalisation, flexibility, and remote employment – these are just some of the ways the world of work is evolving. As a business leader, do you have the skills you need to help navigate it with your newly agile workforce? 

Loading...
(more…)

Continue Reading

Corporate

We’ll meet again: business travel changed – but not forever

Now the future is looking brighter, will businesses stay loyal to Zoom, or will we return to the old ways of travel and doing business face-to-face?

Daniel Lorenzzo

Published

on

In the thick of the pandemic, it seemed hard to imagine that we would ever travel for business again. Health and hygiene concerns coupled with global lockdowns, conspired to take all our meetings online. However, now the future is looking brighter, will businesses stay loyal to Zoom, or will we return to the old ways of travel and doing business face-to-face?

Loading...
(more…)

Continue Reading

Banking

Can the Subscription Economy Save Financial Services?

Going back to the pre-Covid “normal” is not an option for financial services. Fortunately, the rise of the subscription economy points towards frontiers of untapped growth for the sector.

Avatar

Published

on

As the world waits for mass vaccination to revive economic activity, general malaise has overtaken the financial services industry (FSI). And things will probably worsen before they get better: US banks are expected to suffer US$318 billion in net loan losses by the end of 2022, according to Deloitte.

Loading...
(more…)

Continue Reading

Latest

Most Viewed

Subscribe via Email

Enter your email address to subscribe and receive notifications of new posts by email.

Join 13,634 other subscribers

Trending