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Thailand: Sales tactics for survival in slump

Food vendors need to strive to expand distribution channels, offer items with good profits and collect data to better their strategies as part of a way to boost the chance of business success, industry pundits say. Speaking at the virtual Robinhood Food Delivery Forum 2021 on Monday, Thanapong Wongchinsri, part owner of Penguin Eat Shabu […]

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Thailand: Retail slump prompts calls for action

The retail sector lost 500 billion baht in 2020, while the retail index for the first quarter this year is expected to fall by 7-8%, according to the latest predictions by the Thai Retailers Association (TRA). In response, the TRA has requested the government to provide urgent assistance to stimulate the economy and bring rising […]

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Thailand: Future of department stores redefined

While department stores have been a familiar destination for Thai people for decades, lower growth and a decline in popularity has been evident in recent years, particularly in 2020 when the pandemic battered the retail sector, according to the property consultancy CBRE. To adapt to the disruption caused by e-commerce and changing consumer behaviour, department […]

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