Page 90 - CRC_One Report 2021_EN
P. 90

Business Overview and Performance      Corporate Governance     Financial Statements   Enclosure



         The grocery and non-food offerings in Thailand comprise   for health and beauty merchandise continue to increase,
         direct imports, locally sourced items and exclusive   and Central Retail has responded by expanding its
         offerings. By offering imported products, as well as   offerings of health and beauty merchandise across all
         seeking exclusive arrangements with grocery distributors,   of food segment formats, including the introduction of
         Central Retail can help to fill gaps in the local market   LOOKS, a new health and beauty concept seeking to
         and provide rare items. For certain items, such as wine   build a “one stop shop” for beauty brands in the FMCG
         and fresh fruits and vegetables, Central Retail deals   category. Additionally, the business under Food segment
         directly with vineyards and farmers for supply. Importing   introduces at TASTE - a fresh-meal restaurant with
         and exclusive distribution arrangements also play     a wide variety of menu items; Thai Favorites - a zone
         an important role in the establishment of new stores by   features tourists’ most wanted products from all regions of
         allowing Central Retail to fill gaps in the local market.  Thailand; Asian Flavors - a special zone selling products
                                                              of food materials, ready to eat products and condiments
         As a store matures, Central Retail can generally     from 5 major countries (Japan, Korea, China, India and
         increase its portion of locally-sourced foods to serve     Vietnam), Coffee Arigato - a Japanese coffee corner at
         a growing customer base. Where possible, Central Retail   FamilyMart; THE BAKER - a bakery zone in the form of
         embraces “Farm to Table” merchandising concept and   “Artisan Bakery” or the handmade bakery which is made
         seeks to ensure freshness and quality products through   by using the finest quality ingredients from original.
         local suppliers. When sourcing locally, particularly for   In 2021, Central Retail introduced Baby & Me, a new
         fresh goods, Central Retail employs rigorous quality   zone in Tops market, which offers a wide selection of
         control guidelines and requirements. This is particularly   products for babies and Tops Vita, which is a vitamin
         important for Central Retail’s businesses in Vietnam,   and supplements store with various famous domestic
         where Central Retail actively sources more than 90.0%   and international brands.
         of its products locally. In addition, customer demands


















































         90   Annual Report 2021 (Form 56-1 One-Report)
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