RELEASED: 14 Oct 2020 at 04:00
Foodland Grocery Store Co Ltd, the entirely Thai-owned chain, is set to open its biggest supermarket in the Nawamin location tomorrow, about 6 months behind prepared due to the fact that of the pandemic.
Somsak Teraphatanakul, the creator and the business’s chairman, now 88, stated the Nawamin outlet is the biggest Foodland branch, situated on a 6.5-rai plot with a financial investment expense of as much as 1 billion baht.
The five-storey structure covering 2,500 square metres includes a Foodland grocery store with brand-new design; logistics centre; cooking school; 120-seat Took Lae Dee quick-service dining establishment; Premium Primo Co, a company system of Bangkok Air Catering Co (BAC); freezer for meat and veggies; and a brand-new service, Grab & & Go.
” We need to open our brand-new shop to maintain our competitiveness,” he stated. “However our brand-new financial investment will concentrate on the very best areas. We do not understand the length of time Covid-19 will continue and what will occur in the market, however we will never ever quit.”
Foodland was developed by Mr Somsak in 1972. The chain positions itself as an upmarket brand name with 22 branches in Greater Bangkok and one each in Pattaya and Nakhon Ratchasima.
In addition to the grocery store, the business likewise runs 4 food brand names consisting of Tim Ho Wan, Hawker Chan, Tonkotsu Kazan Ramen and Mr. Pizza.
” In spite of the pandemic, some Foodland branches such as Srinakarin Roadway in Bangkok and Nakhon Ratchasima have actually still fared rather well,” stated Mr Somsak.
Nevertheless, he stated the business does not have any strategies to open brand-new branches in 2021.
” We need to wait and see if the pandemic circumstance enhances,” stated Mr Somsak. “More significantly, it is extremely hard to discover employees.”
