{"id":110946,"date":"2023-09-14T11:50:57","date_gmt":"2023-09-14T04:50:57","guid":{"rendered":"http:\/\/www.thestorythailand.com\/?p=110946"},"modified":"2023-09-14T11:53:48","modified_gmt":"2023-09-14T04:53:48","slug":"crc-launches-go-wholesale","status":"publish","type":"post","link":"https:\/\/www.thestorythailand.com\/en\/crc-launches-go-wholesale\/","title":{"rendered":"CRC launches \u201cGO Wholesale\u201d"},"content":{"rendered":"\n<p>CRC launches <strong>\u201cGO Wholesale\u201d,<\/strong> a Wholesale business targeting business operators, HoReCa, and small retailers. Operated by Central Food Wholesale under CRC, GO Wholesale will not only be a new choice for business operators and suppliers but also mark a significant movement in Thailand\u2019s wholesale industry. GO Wholesale offers a wide range of products and services with a focus on fresh food and ingredient from both domestic and around the world, along with the new and differentiated standard of services and solutions, serving the growth of the travel industry and the recovering local consumption. This move by CRC reinforces its leadership in the food business and comprehensive capabilities in retail and wholesale to serve all customer segments.&nbsp;<\/p>\n\n\n\n<p><strong>Yol Phokasub,<\/strong> Chief Executive Officer of Central Retail Corporation Public Company Limited or CRC commented, \u201cCRC has a legacy of success for over 75 years by building the Platform of Trust for customers, partners, suppliers, local communities and investors. The company is equipped with a strong ecosystem with multi-category operations in B2C and B2B across 5 business categories, including Food, Fashion, Hardline, Property, and Health &amp; Wellness. Central Retail also takes pride in our people advantage, which has enabled us to drive sustainable growth in Thailand, Vietnam, and Italy, with a revenue of THB 236,245 million in 2022, a net profit of THB 7,605 million and market capitalization of THB 278,934 million as of December 30, 2022.<\/p>\n\n\n\n<p>With the high potential of Thailand\u2019s food wholesale industry that promises new growth opportunities, Central Retail is fully equipped to expand its B2B food business via the launch of \u2018GO Wholesale\u2019. With this move, GO Wholesale will serve as the new growth engine for CRC \u2013 positioning its food business as a holistic solution to serve the needs across all customer segments. <\/p>\n\n\n\n<p>GO Wholesale will be one of the key drivers for CRC\u2019s food business and will serve as a Platform of Trust for stakeholders via new and unrivalled experiences for business operators. The company also operates under great flexibility and adaptability for every change and challenge and is committed to working with diverse partners to drive collective growth. Most importantly, GO Wholesale is operated by a team of professionals who are guided by good governance and transparency, which will enable this platform to drive inclusive growth for all stakeholders.<\/p>\n\n\n\n<p>GO Wholesale\u2019s key target segments include food retailers, food services, food lovers and HoReCa. The company will leverage its synergy with Central Group, which includes 110 department stores across 100 provinces in Thailand and Vietnam, 6,750 restaurants and 93 hotels. <\/p>\n\n\n\n<p>Additionally, GO Wholesale will also benefit from our loyalty platform that provides access to over 28 million customers along with a high-caliber management team led by Suchada Ithijarukul and team members with over 20 years of experience in the wholesale industry. We are fully confident in GO Wholesale\u2019s capability to drive leaping growth for CRC,\u201d concluded Yol.\u00a0<\/p>\n\n\n\n<p><strong>Suchada Ithijarukul<\/strong>, Group CEO, Central Food Wholesales Limited commented, \u201cGO Wholesale is a membership-based wholesale business, targeting HoReCa businesses, food lovers, food operators in factory, hospital and other canteens, and Shohuays. GO Wholesale\u2019s uniqueness is in its ability to provide recipes for success across diverse dimensions, including the development of skills and capabilities for small businesses to work with greater efficiency and create sustainable inclusive growth. <\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Grow Right\u2026<\/strong>Grow with the right partner that specializes in solutions for food operators and retailers<strong>&nbsp;<\/strong><\/li>\n\n\n\n<li><strong>Grow As You Like\u2026<\/strong>Grow your business on your own terms with a high-caliber management team and experts with proven experience in food and wholesale&nbsp;<\/li>\n\n\n\n<li><strong>Grow Fast\u2026<\/strong>Fast-track growth via comprehensive services that will create new business opportunities and unlock new potential for business operators<strong>&nbsp;<\/strong><\/li>\n\n\n\n<li><strong>Grow Smooth\u2026<\/strong>Drive seamless growth by accessing products and service across diverse and convenient channels, helping you save time so you can focus on growing your business<strong>&nbsp;<\/strong><\/li>\n\n\n\n<li><strong>Grow &amp; Gain\u2026<\/strong>Grow your business and profits with members-only privileges<strong>&nbsp;<\/strong><\/li>\n\n\n\n<li><strong>Grow Better\u2026<\/strong>Drive sustainable growth<strong>&nbsp;<\/strong><\/li>\n\n\n\n<li><strong>Grow Together\u2026<\/strong>Drive inclusive growth&nbsp;<\/li>\n<\/ul>\n\n\n\n<p>\u201cGO Wholesale\u2019s short-term goal is building brand love and becoming top of mind\u00a0 of targeted customer segments, which will especially enable sustainable growth for small businesses. We also plan to expand branches nationwide by 2028, which will follow the <em>launch of the first branch on Srinakarin Road at the end of October 2023.\u201d<\/em><\/p>\n\n\n\n<p>\u201cGO Wholesale is the product of the collaboration between the management and team that possesses extensive experience in the wholesale industry. We have a deep understanding of requirement and the pain points of food business operators and small retailers. With GO Wholesale as part of the CRC Ecosystem now, we are fully confident that we can pave the way for inclusive growth, which is a promise to our stakeholders,\u201d concluded Suchada.\u00a0<\/p>\n\n\n\n<p><strong>Ricardo Boarotto<\/strong>, CEO Thailand, Central Food Wholesales Limited commented, \u201cThe first GO Wholesale branch covers a space of over 7,000 square meters with the store layout designed to serve the needs of HoReCa customers, restaurants, and retailers. Along with new and diverse services, GO Wholesale will also support its customers\u2019 businesses with new experiences and over 20,000 products, especially via its fresh food offerings that include fresh seafood, premium meats, and product customization services. Additionally, GO Wholesale offers diverse payment options, seamless customer experience and member benefits that include Central Group\u2019s The 1 loyalty platform.\u201d\u00a0<\/p>\n\n\n\n<p>\u201cAlthough GO Wholesale is a new business, we are fully committed to driving sustainable growth in accordance with the company\u2019s purpose of being Central to Life. We place utmost importance in supporting suppliers, producers, SMEs, and farmers, and provide new channels to distribute products. We also purchase product directly from local farmers and promote employment for vulnerable groups to drive inclusive growth, to align with CRC\u2019s sustainability commitment as Green and Sustainable Wholesale,\u201d concluded Suchada.\u00a0<\/p>\n\n\n\n<p><a href=\"https:\/\/www.thestorythailand.com\/en\/13\/09\/2023\/110903\/\">SCB EIC downgraded Thailand\u2019s 2023 growth forecast to 3.1% after lackluster outturns in Q2<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/www.thestorythailand.com\/en\/11\/09\/2023\/110641\/\">Gartner forecasts 15 million electric cars will be shipped in 2023<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>CRC launches \u201cGO Wholesale\u201d, a Wholesale business targeting business operators, HoReCa, and small retailers.<\/p>\n","protected":false},"author":8,"featured_media":110947,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[117,13941],"tags":[21333,21335],"class_list":["post-110946","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-en","category-marketing","tag-central-retail-corporation-public-company-limited","tag-wholesale-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>CRC launches \u201cGO Wholesale\u201d<\/title>\n<meta name=\"description\" content=\"CRC launches \u201cGO Wholesale\u201d, a Wholesale business targeting business operators, HoReCa, and small retailers. 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