Big C eyes Tesco's business in Thailand

[snoop1130]

Big C eyes Tesco's business in Thailand

By THE NATION

 

 

Retail operator Big C Supercenter is keen on acquiring Tesco Lotus's business in Thailand to bolster its position in the market, said president Aswin Techajareonvikul, adding that the company had already made an offer to Tesco.

 

Tesco, one of the world's largest retailers, said last year that following inbound interest, it had commenced a review of the strategic options for its businesses in Thailand and Malaysia, including an evaluation of selling its interest in the two countries. 

 

The evaluation of strategic options is still at an early stage, no decisions concerning the future of Tesco Thailand or Malaysia have been taken, and there can be no assurance that any transaction will be concluded, it said in a recent statement.

 

Source: https://www.nationthailand.com/business/30380658

 

-- © Copyright The Nation Thailand 2020-01-16

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[zydeco]

And just when you thought the selection of food items couldn't get worse . . .

[StayinThailand2much]

12 minutes ago, zydeco said:

And just when you thought the selection of food items couldn't get worse . . .

Perhaps, with larger economies of scale they could increase imports a la Casino brand. 

[William Osborne]

In most cases they already co-exist so doesnt make a lot of sense ...just duplicating stores in close proximity to each other ????

[Fred white]

What about the anti Monopoly rules

[newnative]

They'd have a total monopoly on super grocery stores.

[Sticky Wicket]

More regurgitated mechanically separated cancer inducing slops for the locals to gorge on

[legend49]

So the cartel gets smaller and will burst into a monopoly, watch the price rises.

[30la]

The more you have, the less you are happy, insatiable greedy!
I hope you can't do it, it would be another monopoly that wouldn't do the people already battered by an incapable government!

[Nyezhov]

I like Tescos ordering and delivery system better.

[nursebob]

13 hours ago, William Osborne said:

In most cases they already co-exist so doesnt make a lot of sense ...just duplicating stores in close proximity to each other ????

what, like 7/11

[Orton Rd]

1 hour ago, newnative said:

They'd have a total monopoly on super grocery stores.

Apart from Tops, Villa, Foodland and Makro etc

[newnative]

1 minute ago, Orton Rd said:

Apart from Tops, Villa, Foodland and Makro etc

None are really in the same league--what is known as a hyper store or supercenter.

[steve187]

6 minutes ago, Orton Rd said:

Apart from Tops, Villa, Foodland and Makro etc

these stores are for different groups of people makro aimed at small business and bulk buyers, the others aimed at the rich and foreigner

[smutcakes]

So we have TCC Group who already own Big C, now wanting to buy Tesco. Now where was the Competition watchdog which suddenly reared its head the other day???...

Must be Thailands most inactive positions, probably very lucrative to....

 

Essentially its a choice between Central, TCC and CP.

[sammieuk1]

When you go in Big C its already like going into Tesco same tat same prices same low customer service they are all treating the the public like Big C ????   

[hotchilli]

14 hours ago, zydeco said:

And just when you thought the selection of food items couldn't get worse . . .

Agreed, I have a Big C within 5 minutes of me, 99% of products are Thai with very little choice unless your buying rice, cooking oil or fish sauce, there's almost a whole aisle for each product.

Anything that's foreign is ridiculously expensive for foods or beverages..

and if you can believe it not even one hard cheese!!!!

[sturdyd]

Apart from Tops, Villa, Foodland and Makro etc

 

Which are very rare outside major metropolitan areas, whereas Big C and Lotus are ubiquitous.

[Naturesway]

Make no difference in people’s life what it will called they keep buying the same junks everyday just to promote and fulfill the other business chain the greedy healthcare and hospitals. I just can’t figure out what is the worthy part in it for you consumer folks, if you could give a reasonable explanation of doing this I’d appreciate it. 

[manicmike68]

There is a lot of Walmart and Costco in China. I wish they would come here to Thailand.

[Estrada]

1 hour ago, Orton Rd said:

Apart from Tops, Villa, Foodland and Makro etc

Tops also belongs to Central Group, as does Family Mart.

[Baerboxer]

14 hours ago, Fred white said:

What about the anti Monopoly rules

 

Anti Monopoly rules in Thailand? Your're having a laugh!

[Orton Rd]

1 hour ago, steve187 said:

these stores are for different groups of people makro aimed at small business and bulk buyers, the others aimed at the rich and foreigner

Never seen one foreigner in my local Foodland and some of the prices are cheaper than Big C, who often get them wrong

[Thian]

2 hours ago, legend49 said:

So the cartel gets smaller and will burst into a monopoly, watch the price rises.

Here in our area we have in 1 soi :2 jumbo's, 2 Tops, 2 Tesco's , 2 CP's and a large local market.

 

It would be much better if they all had 1 large supermarket or just 2 very large ones...Those small/mini supermarkets never have a good assortment and there's always things we need but aren't there.

[mikebell]

I stopped using Tesco on Pattaya Suk 'cos they never had enough tills open & then Pattaya Plod set up a bandit stop on Thepprasit to make access difficult.

[trainman34014]

2 hours ago, manicmike68 said:

There is a lot of Walmart and Costco in China. I wish they would come here to Thailand.

They refuse to pay people in high positions to come here and they are also aware that they would have to employ Thai Managers that are known Worldwide to be a complete waste of space in every business !

[Sydebolle]

CP will be more than delighted ......... the fight of the titans; get popcorn and stay tuned. 

Whoever wins will cement a stronger monopoly-tasting "buy what we sell" rather than "sell what you want" at the usually overinflated prices ???? 

[zydeco]

4 hours ago, nursebob said:

what, like 7/11

I have two 7 Elevens within 150 meters of my house. A third one is about 200. I go back and forth between the first two all the time, because items sold out in one can be found in the other. I never go to the third one anymore, however, because unlike the first two, they won't give me a plastic bag.

[zydeco]

4 hours ago, hotchilli said:

Agreed, I have a Big C within 5 minutes of me, 99% of products are Thai with very little choice unless your buying rice, cooking oil or fish sauce, there's almost a whole aisle for each product.

Anything that's foreign is ridiculously expensive for foods or beverages..

and if you can believe it not even one hard cheese!!!!

To be honest, Lotus is going that way. Something happened about three years ago and they've been cleaning out what I used to consider the farang aisles. At least at my Lotus. No more canned salmon for salmon croquettes, no more taco shells, no more sour cream, no more white onions, and a reduction in pasta varieties.

[overt2016]

49 minutes ago, trainman34014 said:

They refuse to pay people in high positions to come here and they are also aware that they would have to employ Thai Managers that are known Worldwide to be a complete waste of space in every business !

True about Thai managers. The Sheila at my local Tesco is a complete waste of space.

Unable to put correct prices on items.