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Thread: Carrefour at early stages of selling Thailand stores

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    Carrefour at early stages of selling Thailand stores

    Well, I was in South Korea to witness both Carrefour (and Walmart) fail there. Now, it appears I will be here to see them leave Thailand as well. Where is Carrefour's single convenience store in Thailand?

    Carrefour Mulls Selling Asian Assets - WSJ.com

    At the end of 2009, Carrefour had 19 large hypermarket stores in Malaysia, two in Singapore and 39 hypermarkets and one convenience store in Thailand.
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    Space Cowboy Array aging one's Avatar
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    But the way I read it Carrefour will be leaving with a billion dollar profit.
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    Senior Member Array DaveyG's Avatar
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    I like Carrefor, TESCO in Thailand is really shit IMO, it's amazing in the UK but here it's a different story, they don't even sell tomatoes at the big Param 9 store, just aisles of ketchup and other crap.
    'After the game, the king and the pawn go into the same box'

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    Given the volatility - why bother staying?

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    Senior Member Array Getorfmoiland's Avatar
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    Quote Originally Posted by aging one View Post
    But the way I read it Carrefour will be leaving with a billion dollar profit.
    It doesn't say how much it cost them in the first place so
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    There are just too many large foreign grocery multiples in Thailand, all vying for the same business but all with similar offerings. Tesco Lotus being the exception because of it's Tesco Express convenience stores.

    It seems that Carrefour didn't do a lot of market research before jumping into an already crowded market space.

    The only thing that distinguishes it from its competitors is its security system that trips an alarm if you've got a barcode on your person or in your bag that hasn't been paid for.

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    Hangin' Around Array Cyrille's Avatar
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    Quote Originally Posted by ScorpioPower View Post
    The only thing that distinguishes it from its competitors is its security system that trips an alarm if you've got a barcode on your person or in your bag that hasn't been paid for.

    They had quite a few things that distinguished them at first.

    Great, fresh wholemeal bread, great ardennes pate for example.

    The problem is that the market is so fiercely driven by price.

    Thais would often rather buy a white baguette that's two days old and is a bit cheaper, then lob some flourescent jam on it.

    So carrefour switched from good stuff to crap -the market for which was already being catered to by Tesco Lotus.

    I think carrefour gambled on the middle classes expanding more, loosening their purse strings more and educating their tastebuds more.

    They lost, and then bottled it by going down market.

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    President of the Galaxy Array zaphodbeeblebrox's Avatar
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    No wonder the French economy is in shambles. These guys know nothing about international business. Who sells their profitable overseas ventures in order to invest in unprofitable stores in Europe? Do they think that sprucing up their domestic stores and spending more money on marketing can overcome a stagnant Euro economy? What idiots! They should look to the business model adopted by companies that basically have given up on their domestic profits, like Caterpillar, Yum! Brands and McDonalds, in favor of exploiting more profitable emerging markets abroad.

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    IF it happens , hate to see 'em go because more is better (although I NEVER shop carrefour because it's not convenient to BTS in BKK)

    but they never really matched up to lotus and bic c did they ? is it a french thing ?

    but damn i wish there was a target BTS onnut !

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    Quote Originally Posted by The Quiet American View Post
    IF it happens , hate to see 'em go because more is better
    Actually often get less......albeit with the impression of more.

    Fuck big business


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    Quote Originally Posted by DaveyG View Post
    I like Carrefor, TESCO in Thailand is really shit IMO, it's amazing in the UK but here it's a different story, they don't even sell tomatoes at the big Param 9 store, just aisles of ketchup and other crap.
    You and I think exactly the same on this. The TESCO fresh produce is just shit and nothing like TESCO in Europe (one in Prague is fine). However, not all Carrefour locations are so great either. They were much better in Korea.

    My current choices for shopping are Robinson's for everything but groceries and Tops or Fresh Market for food. However, I don't hesitate to get food from an outdoor Thai market to include fresh meat.

    Well, Carrefour might try to walk away with a billion dollars. Who is going to buy them? Who is going to be able to manage them well? Maybe the Korean chain E-mart E-mart - Wikipedia, the free encyclopedia will buy them. That would be good for Thailand in my opinion.

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    Quote Originally Posted by Cyrille View Post
    They had quite a few things that distinguished them at first.
    True, and I particularly liked the French sausages, but they didn't shout enough about the uniqueness of some of their offerings!

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    No shit. They all suck Big C, Lotus, and Carrefour. Go to Foodland and get the same prices and personalized service. Somebody even unloads and packs your trolley again. Pay cash and get 3% off. In house bakery, deli, and nice counter service restaurant. Took La Dee. I will never go back to one of those big ass gereric shit stores again. Hell I even get preferential parking just because they know I come once a week every week. Saturdays midday, or Sunday earlier I always find the meat fish and chicken on sale as well. 5 stars from me for the local store.

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    older by the second Array dave123's Avatar
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    Quote Originally Posted by aging one View Post
    Hell I even get preferential parking just because they know I come once a week
    How do they know you only come once week?

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