Agency will open 1-2 new shops per 12 months
SET-listed furnishings and residential furnishing chain Index Residing Mall (ILM) appears to be like set to renew its investments this 12 months, having frozen them throughout the pandemic.
Ranging from 2023, the corporate plans to open 1-2 new shops per 12 months, because it did earlier than Covid-19, in accordance with Kanokwanrat Srimaneesiri, the corporate’s chief monetary officer.
Every retailer requires an funding of 120-130 million baht. The opening of every Index Residing Mall format will rely on places, native residents’ spending energy, and life-style.
The corporate will even develop its shops into second-tier cities, after primarily specializing in massive cities up to now.
“We’re optimistic in regards to the prospects of the nation’s house and furnishing market this 12 months, partly boosted by the federal government’s not too long ago accepted ‘Store Dee Mee Khuen’ tax rebate scheme and quickly recovering tourism sector that may assist stimulate the nation’s financial system and cash flows,” Ms Kanokwanrat stated.
The corporate at present operates 32 Index Residing Mall shops throughout the nation. The shops have been divided into three codecs comprising The Stroll, Little Stroll, and Index Mall.
Ekalak Patamasatayasonthi, the corporate’s senior vice-president for enterprise growth, stated that aside from the present codecs, the corporate is contemplating strategic alliances and discovering companions who’ve performed enterprise associated to or appropriate with Index Residing Mall’s enterprise mannequin.
This scheme will assist create a brand new enterprise mannequin to achieve as many shoppers as doable in every location.
In a bid to capitalise on rising demand in japanese Bangkok, Kridchanok Patamasatayasonthi, the corporate’s managing director, stated the agency spent 200 million baht opening a brand new retailer in Lat Krabang final month. She stated this has created new life-style procuring within the east of town that hyperlinks to the federal government’s flagship Jap Financial Hall and the growth of property enterprise within the space.
In response to Ms Kridchanok, Little Stroll in Lat Krabang comes below the mixed-use idea, offering house and furnishing items for all life.
The Little Stroll Lat Krabang department is the primary undertaking the place the Index Residing Mall idea has been included.
Little Stroll Lat Krabang has a complete house of seven,646 sq. metres, housing Villa Market, a grocery store that selects high quality elements from all over the world, and greater than 40 tenants. It additionally supplies clients with over 10,000 product objects from customary furnishings, personalised furnishings and customised furnishings.
Mr Ekalak stated that Little Stroll Lat Krabang is housed in a one-storey constructing and is the third such department after Little Stroll in Bangna and Pattaya. It has many anchors together with Seoul U Mart, which sells imported merchandise from South Korea.
