Big C will be renamed as early as next year, said Tos Chirathivat, CEO of Central Group.
The retail group purchased Big C Vietnam in April at USD1.1 billion, the biggest acquisition for the Thai-based group.
In a statement, Chirathivat said that Central Group will focus on expanding in Vietnam with a plan of adding 44 new stores by the end of the year. “The acquisition of Big C gives us not only the Big C supermarket chain which consists of 33 branches, but also all 10 convenience stores and 30 shopping centres owned by subsidiaries of Big C,” said Chirathivat.
“Our current challenge is how to focus on the retail sector in Vietnam.”
As of current, Central Group manages two Robins centres, two Marks & Spencer stores, 27 Supersports stores, 21 Nguyen Kim Electronic supermarkets and 13 Lan Chi supermarkets in Vietnam.