Page 94 - CRC_One Report 2021_EN
P. 94

Business Overview and Performance      Corporate Governance     Financial Statements   Enclosure



         Central Retail’s Food retailing in Thailand primarily comprises Central Food Hall, Tops, and FamilyMart retail
         banners. Central Retail operates Central Food Hall and Tops retail banners under Central Food Retail business unit.
         Central Retail operates a variety of store formats under Tops retail banner, with Tops market as its key supermarket
         brand, offering mainstream reliability with a wide selection of quality consumer staples food and grocery items to
         a broad cross-section of the general population. The other Tops formats include Tops Superstore, a hypermarket,
         and Tops daily, which delivers grocery along with ready-to-eat food offerings such as in-store baked goods and
         fresh sandwiches. The network of Tops stores has grown to reach 42 provinces across Thailand as of 31 December
         2021, with Tops market alone having locations across 38 provinces, including 78 stores in the greater Bangkok and
         49 stores in upcountry Thailand. Central Retail owns and operates Tops Plaza, which are retail plazas anchored
         by a Tops Superstore that also offer a variety of other stores catering to basic needs of the local community.
         Central Retail also sources organic products locally to give back to the community, and Central Retail has launched
         Jing Jai Farmers’ Market in Udon Thani province in Thailand as a new retail concept, which works directly with local
         farmers, granting them higher income to provide customers with high quality, organic and chemical free products
         at the best price exclusively. As of 31 December 2021, Central Retail has expanded Jing Jai Farmers’ Market
         to 27 Tops locations.


         Central Food Hall delivers a highly innovative and immersive grocery shopping experience for customers in Thailand.
         With locations in major provinces and cities, including Bangkok, Chiang Mai, Pattaya and Phuket, Central Food
         Hall caters to an urban population and delivers a rich variety of specialty and international foods as well as local
         favorites. Central Food Hall epitomizes the modern supermarket concept, offering traditional grocery alongside
         dine-in options, including both table and counter service, and a wide variety of ready-made take-away meals,
         as well as a personal shopper service at 140 stores of Central Food Hall and Tops market nationwide.

         The following table presents an overview of Central Food Hall, Tops, and FamilyMart stores as of the dates presented.


                                                    As of 31 December                      Retail brands

                                            2019          2020          2021
          Total number of stores (stores)

                                                                                  Central Food Hall, Tops market,
          Supermarket and Hypermarket        218           236            281
                                                                                   Tops Superstore, and Tops daily

          Convenience store                  968           901           805                FamilyMart
          Total net selling space (sq.m.)

                                                                                  Central Food Hall, Tops market,
          Supermarket and Hypermarket    278,868       288,506       304,047
                                                                                   Tops Superstore, and Tops daily

          Convenience store              122,292        116,738       101,527               FamilyMart

          Average net selling space per location (sq.m.)
                                                                                  Central Food Hall, Tops market,
          Supermarket and Hypermarket       1,279         1,222         1,082
                                                                                   Tops Superstore, and Tops daily
          Convenience store                  126           130            126               FamilyMart












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