Thread: Carrefour to exit Thailand, Singapore and Malaysia

Sad part is that a lot of direct jobs will dissapear, together with the knock on to the loss of supply chain jobs to.
And it isn't finished there either , might wake a few guys up however.

Originally Posted by donmeurett

Originally Posted by Bettyboo

Let's hope the Thai stores continue in some way or another (as close to their current operations as possible); they're a decent store.

Most of their prices are above other similar stores.

True, and their cereal prices are even higher than Tops, Gourmet and Villa markets.

Small shopholders might complain, but Tesco, Big C, Carrefour & Makro have improved the grocery shopping in Thailand, as has 711 in a different way.

But in Thailand, Carrefour is the weakling of the big four. Sure, it has some lines that several people appreciate because of it's Gallic origins but it can't overall compete with the others on price. Basically, it is getting out while it's behind.

I'd quite like to see a Japanese company buy them out actually.

Villa and Foodland provide all at fair prices here in Bangers.

Originally Posted by dotcom

I remember when TESCO came in here to give LOTUS a much needed kick in the ass. That Seacon SQ store is a monster, especially at the weekend. LOTUS were morons.

Tesco and Lotus have been partners since the first store opened. There was no Lotus store that was stand alone before.

Originally Posted by PaulBunyon

Lotus has been falling apart lately. It's hard to figure out what's going on with them.

Perhaps because Tesco management gave back control to local Lotus management several years ago after they helped set them up and point them in the right direction.

Originally Posted by 12Call

Villa and Foodland provide all at fair prices here in Bangers.

I like Foodland, certainly it was my favourite in Pattaya. Villa- I've only been to the one in Suk Soi 7 and I thought it was expensive. Great place to buy wine & cheese though.

But even here in rural Ubon I've got Tesco, Big C & Makro in easy reach. And HomePro, Index and so on. Carnt complain.

Originally Posted by aging one

Originally Posted by dotcom

I remember when TESCO came in here to give LOTUS a much needed kick in the ass. That Seacon SQ store is a monster, especially at the weekend. LOTUS were morons.

Tesco and Lotus have been partners since the first store opened. There was no Lotus store that was stand alone before.

CP Group had 14 Lotus SuperCenters at the time the JV with Tesco was formed in 1998. CP has since sold out and Tesco Group owns Ek-Chai Distribution System Co., Ltd the local operating company. The CEO and CFO are Tesco executives.
TH

Villa is for the thinks you crave. Other than that it is ridiculously overpriced.

Originally Posted by filch

Perhaps because Tesco management gave back control to local Lotus management several years ago after they helped set them up and point them in the right direction.

I thought that the 'Lotus' part of the company was a subsidiary of Charoen Pokphand Foods (CP Company) and that they sold their shares in Tesco Lotus (Thailand) in 2003, and that they were only now represented in name.

A little taste of France leaves the Kingdom, I'll miss them but Wal Mart is one hell of a downgrade for gourmets.

I noticed carrefour staff doing a silly dance at 12pm similar to that of M&K. They all looked delighted! What's the point to this?

Originally Posted by wefearourdespot

damned...I have better hoard their commercial branded camembert at 135 baht the 200grams box before they pack ...

What they've decently priced cheese? Damn I didn't even know that...

Never liked Carrefour much, seems like a Tesco clone - both pretty uninteresting. Heavily processed foods and other items from the three mega-conglomerates Unilever, Nestle and P&G (unless some of them merged by now, didn't keep up to date). The prices are usually not as low as you might think either, e.g. the local supermarket is often cheaper.

Would hate to see Wallmart come to Thailand. If they did Thais would find out what bad working conditions are.

Originally Posted by harrybarracuda

I'm sick of these places charging a fortune for imported stuff knowing expats are a relatively captive market.

You overvalue yourself and the expat market . . .

It is quite simple: Don't buy it if you think it is overpriced

Originally Posted by Perota

Near where I stay in Bangkok, the food mart in the basement of The Mall Ngam Wong Wan is definitively the best option.

that would be tops fresh mart.

Originally Posted by panama hat

Originally Posted by harrybarracuda

I'm sick of these places charging a fortune for imported stuff knowing expats are a relatively captive market.

You overvalue yourself and the expat market . . .

It is quite simple: Don't buy it if you think it is overpriced

Common sense as usual, PH.

Originally Posted by Butterfly

they have better choice than Tesco, and they are the only ones to bring decent French food here

I guess growth is limited here because of the low margins, something many farang retailers will realize eventually

the only ones to bring decent French food here
if you must eat shite you must pay a pemium for it.

I think they were stupid to announce the fact they are leaving in the press. They should have hired someone like Goldman-Sachs to look for a buyer.
Now customers will be reluctant to buy big ticket electronics from them for fear of having difficulties with returns.

Originally Posted by aging one

Originally Posted by dotcom

I remember when TESCO came in here to give LOTUS a much needed kick in the ass. That Seacon SQ store is a monster, especially at the weekend. LOTUS were morons.

Tesco and Lotus have been partners since the first store opened. There was no Lotus store that was stand alone before.

OOPS.

OWNED.

Originally Posted by BobR

Their price is higher than Tesco and Big C on most everything.

That is utter bullshit.

Originally Posted by Humbert

Common sense as usual, PH.

Thank you, but you outdo me with this:

Originally Posted by Humbert

I think they were stupid to announce the fact they are leaving in the press. They should have hired someone like Goldman-Sachs to look for a buyer. Now customers will be reluctant to buy big ticket electronics from them for fear of having difficulties with returns.

Odd how big multinationals are carp at PR, though I do believe this informatio was leaked? I could be wrong, of course

Originally Posted by panama hat

Odd how big multinationals are carp at PR

The minnow's win hands-down.

Originally Posted by panama hat

though I do believe this informatio was leaked?

Now stop trying to be clever and using your Italian skills.