Being led by a vision that strives to strengthen business, Central Retail has witnessed a solid performance owing to a strong potentiality in its adaptability, proactive work approach, elevated omnichannel platform, and keen eyes for untapped opportunity with partners. The company’s entry into the luxury market corresponds well with universal trend and current consumers’ interest. Its achievement is proven by sales thriving amidst the face of challenges and uncertainties. Consequently, Mr. Yol Phokasub, Chief Executive Officer of Central Retail was recognized with Luxury Retail CEO award by International Finance, UK leading financial and business magazine,to commend accomplishments of firms and executives from various industries across Europe, Asia, and the Middle East.
Central Retail, with its CRC Retailligence strategy, has comprehensively transformed and incorporated the ‘Digital First’ mindset and culture into its operation. As an omnichannel first mover, the company truly knows the 5.0 Omni-customers and never ceases to improve its ‘Customer-Centric Omnichannel Platform’, connecting offline store with the digital platform to meet customers’ ever-changing needs. It also revamps services at all touchpoints, expands new branches, and enhances the stores to modernize offline channels, hoping to deliver a seamless shopping experience. As a result, Retail Asia, Singapore’s leading business magazine, has endorsed this organizational excellence and awarded Central Retail in 2 categories:
- O2O Customer Experience of the Year: reflecting the company’s omnichannel leadership and its ambition in reaching the Next-Gen Omnichannel and being the world’s #1 Omni-Centric Retailer.
- Digital Initiative of the Year: Central Retail’s blockchain-based digital currency C-Coin project was initiated to encourage employees in adopting new technology, and further developed into internal recognition award. The employees awarded with the C-Coin can use the reward to pay for products or services at participating stores under Central Group, positively inspiring a cashless environment within the firm.
From the remarkable commitment in continually enriching customer experience, subsidiaries under Central Retail have also received the other 4 major awards from Retail Asia.
Central Department Store under Central Retail, the #1 department store in Thailand, proudly received Retail App of the Year award for ‘Central App’ – an elevated shopping experience application that links physical department store with the world of digital to respond to each shopper’s lifestyle and preferences.
Tops market received Supermarket of the Year award by uplifting new store format and becoming the #1 premium lifestyle supermarket in Thailand. Quality products sourced and selected from different regions around the globe are displayed creatively to create new shopping experiences and fulfill fast-changing customers’ demands. Besides, Central Food Retail also won Omnichannel Strategy of the year award for creating the seamless shopping experiences through extensive multi-omnichannel platforms as well as physical stores, underpinning its position as leading Thai supermarket retailer acknowledged on an international stage.
“I would like to express my gratitude to both International Finance and Retail Asia for recognizing our effort. Winning these awards has proven our ability and commitment, which could not have happened without the collaboration from our customers and partners who always lay their trust in us, as well as our employees who have altogether helped driving the business forward. This success is built truly on our determination. As Asia’s leading Digital Retailer, we will continually develop our omnichannel platforms by focusing mainly on our customers, reshaping retail industry as well as moving forward to being the world’s leading ‘Digital Retailer’, under our compliance to corporate good governance, balancing the interests of all stakeholders as well as encouraging the community to sustainably grow with us.” Mr. Yol said.