Connect with us

Plastics

Thailand’s big retailers will stop handing out plastic bags in January 2020

The Thaiger

Published 

 on 

Thailand’s big retailers will stop handing out plastic bags in January 2020 | The Thaiger
  • follow us in feedly

“These partners have vowed to stop giving out single-use plastic bags to customers starting January.”

The Thai environment minister has announced a major agreement from large retailers, plastic manufacturers and department stores to stop handing out single-use plastic bags to customers. The new program will start from next year.

Over the past year several large retailers have come up with various promotions to reduce the amount of single-use plastic bags handed out to customers but they’ve been more of a PR stunt than a real attempt to cut down on the huge amounts of plastic waste generated by these companies.

Minister Varawut Silpa-archa said the Environment Ministry invited scores of Thai partners to join the ministry’s campaign to reduce the use of single-use plastic bags.

“This cooperation will help Thailand leave the list of major generators of waste and sea garbage”

Among the big names were Central Group, The Mall Group, CP All (owners of 7Eleven), Siam Makro, Robinsons, Bangchak Retail, Big C Supercentre, Index Living Mall and PTT, as well as trade associations such as the Plastic Industry Club and Thai Retailers Association.

These partners have vowed to stop giving out single-use plastic bags to customers starting January.

“This type of campaign should have been done long ago. We have spent so much time trying to negotiate. At last, we made it.”

From next January customers will have to bring their own bags to carry goods from these stores.

“A campaign like this shows that Thailand, which is ranked sixth in the world for generating sea waste, is attempting to reduce plastic waste. It’s estimated that Thais use 45 billion single-use plastic bags per year.”

Meanwhile, by the start of 2022, a ban imposed on Styrofoam food packages plus other single-use plastic items, including lightweight plastic bags, straws and cups, will also come in effect.

SOURCE: Bangkok Post

Thailand's big retailers will stop handing out plastic bags in January 2020 | News by The Thaiger

Some of Thialand’s biggest celebrities have been wheeled out to try and educate Thais about the problems associated with single-use plastics

Keep in contact with The Thaiger by following our Facebook page.

Never miss out on future posts by following The Thaiger.

Business

Future of Thai department stores is being redefined

The Thaiger

Published

on

Future of Thai department stores is being redefined | The Thaiger

While department stores have been a familiar destination for Thai people for many decades, CBRE, an international property consultant, is witnessing a decline in popularity and stunted growth, particularly in 2020 when Covid-19 adversely impacted the sector. CBRE believes that to adapt to e-commerce disruption and the changing consumer behaviour, department stores in 2021 (and beyond) will have to fine-tune their business model in terms of customer shopping experience, inventive activities and value-added programmes to continue their status as the second home for Thai shoppers.

Jariya Thumtrongkitkul, Head of Advisory and Transaction Services – Retail, CBRE Thailand explained… “While department stores offer shoppers convenience, saving them time with many varieties of goods grouped in different departments and allowing the shoppers to find and compare products and choose what they want, the traditional department store model does not fit the needs, lifestyle and behaviour of its shoppers anymore, especially the new generations.”

According to CBRE Research, the total retail supply in Bangkok as of Q4 2020 increased to 7.8 million square metres, a 1.16% increase year-on-year. Out of this, only approximately 3% was reported within the department store format. The department store market in Thailand is mainly dominated by two domestic retail giants, with Central Group and The Mall Group holding the largest market shares. They do not only concentrate in Bangkok, but have also opened department stores in many major cities throughout the country which allowed them to build bigger networks and grow their customer base.

In the past few decades, Japanese investors had also shown interest in entering the Thai market and offered local features that are well-known in Japanese department stores: simplicity, premium quality and services. However, with strong competition many Japanese department store operators have ceased their expansion plans. Some have exited the country due to the fierce competition against the local players, their performance in Thailand and the shrinking Japanese department store business, especially in overseas countries.

“The department store concept as a one stop shopping place is still in demand for certain groups of customers. However, with the e-commerce disruption and changing consumer behaviour, department store operators need to adapt their models, offerings and value-added services to their customers to cope with the challenging economic and market conditions.”

Adaptability of department stores can be highlighted into 3 main parts: customer shopping experience, inventive sales and marketing activities, and value-added programmes. While more and more younger generations prefer to shop online to save time and money, the brick-and-mortar store is still believed to be the second home for Thai shoppers. Department stores should be more agile in the era of e-commerce and adopt some technological innovations such as in-store automation and mobile payment solutions to reach the younger crowds.

Design is another aspect that plays an important part in customer shopping experience. Department stores can be more creative in remodelling traditional department store space into some ingenious and interactive space with a great design and right product portfolio mix for their customers.

The Mall Group, for example, has launched its first “Lifestore” concept at The Mall Ngamwongwan at the end of 2020 by redesigning and renovating its traditional department store space to enhance customer shopping experience and enjoyment.

The second part to be considered for the adaptability comprises inventive activities related to sales and marketing. The prices of products being sold in a department store are normally set high to cover the higher establishment and operating costs by operators, narrowing their target to only upper- to high-income customers.

Brand offerings may also no longer meet fast-changing customer needs since today’s shoppers have more choices in buying products online, not to mention the declining footfall due to the growth of e-commerce. CBRE Research has seen domestic players pushing hard to drive sales growth via numerous promotions, marketing campaigns and activities and collaboration with credit card companies during seasonal sales.

The third part consists of value-added programmes such as personal shopper, customer loyalty programme, on-demand solution and service personalisation, which have become a new trend as customers, including the aging population, are now more sophisticated and demanding.

The retail landscape has changed drastically in the past few years from various factors like technological advancement, consumer behaviour and preference as well as Covid-19. Cookie-cutter strategy will be a thing of the past, especially for department stores where the format and offerings have remained the same for decades.

Keep in contact with The Thaiger by following our Facebook page.

Never miss out on future posts by following The Thaiger.

Continue Reading

Coronavirus (Covid-19)

Can Phuket survive? Interview with Bill Barnett | VIDEO

Bill Barnett

Published

on

Can Phuket survive? Interview with Bill Barnett | VIDEO | The Thaiger

Interview with Bill Barnett from c9Hotelworks. Phuket has now been hit with a 3rd major crisis, each one more profound than the long-term effects from the 2004 tsunami. Now the island has new restrictions imposed on arrivals on the southern island, imposed by the Phuket Provincial Authority.

Keep in contact with The Thaiger by following our Facebook page.

Never miss out on future posts by following The Thaiger.

Continue Reading

Coronavirus (Covid-19)

US jobs market stumbles back into decline

The Thaiger

Published

on

US jobs market stumbles back into decline | The Thaiger

The labour market for the world’s largest economy is heading back into reverse mode after slowly chugging back into gear over the past 8 months, following the March stock crash and initial impacts of the US state lockdown measures.. The December report was the first drop since April figures, providing the strongest evidence of the impact of the huge number of Covid-19 infections weighing on the economy.

“Nonfarm payrolls” in the US fell by 140,000 in December, the data published by the US Bureau of Labour Statistics showed yesterday. This reading follows November’s increase of 336,000 (revised from 245,000) and missed the market expectation of +71,000 by a wide margin.

Further details of the publication revealed that the Unemployment Rate stayed unchanged at 6.7% and the Average Hourly Earnings rose by 0.8% on a monthly basis.

“Nonfarm payroll employment is a compiled name for goods, construction and manufacturing companies in the US. It does not include farm workers, private household employees, or non-profit organisation employees.”

The weakness in the US jobs market largely reflects job cuts at restaurants and hospitality venues impacted by revised restrictions.

The President-elect will inherit an economy that’s down almost 10 million jobs compared with before the pandemic. The pace of hiring will be hard-pressed to accelerate until a meaningful portion of the general population is vaccinated, with distribution in the US running slower than planned and potentially holding back the recovery.

Other parts of the US labour market held up in last month’s figures. Retail, professional and business services, construction and manufacturing all posted job gains, indicating much of the economy continues to stagger back to economic health. The number of unemployed Americans who permanently lost a job declined to a four-month low of 3.37 million.

Michael Gapen, chief U.S. economist at Barclays says parts of the US economy continue to show some resilience.

“Outside of consumer-facing sectors the remainder of the economy continues to show resilience. It does show that if we can get control of the pandemic, then we can restore economic activity and labor market conditions over the course of this year. It’s a pandemic-driven number, a pandemic-driven composition.”

“The pace of hiring will be hard-pressed to accelerate until a meaningful portion of the general population is vaccinated, with distribution in the US running slower than planned and potentially holding back the recovery.”

A new viral strain of Covid-19, that led to new or extended lockdowns in the UK and Germany, has now been identified in the US, which risks spurring more restrictions that could hinder hirings over the coming months.

In December, there was an average of 1.5 million new cases per week in the US and Covid-related deaths continued to rise at a record pace, forcing some states to ramp up business restrictions leading to an uptick in layoffs.

Private-sector payrolls, excluding government jobs, decreased by 95,000 last month following a 417,000 gain in November.

SOURCE: Bloomberg | USA Today

Keep in contact with The Thaiger by following our Facebook page.

Never miss out on future posts by following The Thaiger.

Continue Reading
Thailand News Today | Stray car on runway, Indonesian quake, 300 baht tourist fee | January 15 | The Thaiger
Thailand1 day ago

Thailand News Today | Stray car on runway, Indonesian quake, 300 baht tourist fee | January 15

Thailand News Today | Governor off respirator, sex-trafficking arrest, condo prices falling | January 14 | The Thaiger
Thailand2 days ago

Thailand News Today | Governor off respirator, sex-trafficking arrest, condo prices falling | January 14

Thailand News Today | Chinese vaccine, Thailand ‘drug hub’, Covid update | January 13 | The Thaiger
Thailand3 days ago

Thailand News Today | Chinese vaccine, Thailand ‘drug hub’, Covid update | January 13

Thailand News Today | Bangkok may ease restrictions, Phuket bar curfew, Vaccine roll out | January 12 | The Thaiger
Thailand4 days ago

Thailand News Today | Bangkok may ease restrictions, Phuket bar curfew, Vaccine roll out | January 12

Thailand News Today | Covid latest, Cockfights closed down, Bryde’s Whale beached | January 11 | The Thaiger
Thailand5 days ago

Thailand News Today | Covid latest, Cockfights closed down, Bryde’s Whale beached | January 11

Thailand News Today | Southern floods, Face mask fines, Thai Air Asia woes | January 8 | The Thaiger
Thailand1 week ago

Thailand News Today | Southern floods, Face mask fines, Thai Air Asia woes | January 8

Thailand News Today | 305 infections, No happy ending for massages, Phuket quarantine mooted | Jan 7 | The Thaiger
Thailand1 week ago

Thailand News Today | 305 infections, No happy ending for massages, Phuket quarantine mooted | Jan 7

Thailand News Today | 10,000 schools closed, 900 new migrant infections, Gambling crackdown | January 6 | The Thaiger
Thailand1 week ago

Thailand News Today | 10,000 schools closed, 900 new migrant infections, Gambling crackdown | January 6

Thailand News Today | PM reverses lockdown, Southern P.D.A. crackdown, Covid update | Jan 5 | The Thaiger
Thailand2 weeks ago

Thailand News Today | PM reverses lockdown, Southern P.D.A. crackdown, Covid update | Jan 5

Thailand News Today | Record daily infections, Covid restrictions, British arrivals ‘on hold’ | Jan 4 | The Thaiger
Thailand2 weeks ago

Thailand News Today | Record daily infections, Covid restrictions, British arrivals ‘on hold’ | Jan 4

Thailand News Today | Pattaya restrictions, 2021’s extra holidays, Covid update | December 30 | The Thaiger
Thailand2 weeks ago

Thailand News Today | Pattaya restrictions, 2021’s extra holidays, Covid update | December 30

Thailand News Today | Covid update, Bangkok restrictions, Gold rush | December 29 | The Thaiger
Thailand3 weeks ago

Thailand News Today | Covid update, Bangkok restrictions, Gold rush | December 29

Thailand News Today | No national lockdown, Bangkok schools closed, Abortion Bill | Dec 24 | The Thaiger
Thailand3 weeks ago

Thailand News Today | No national lockdown, Bangkok schools closed, Abortion Bill | Dec 24

Thailand News Today | Covid outbreak update, migrant workers ‘dumped’, Phuket’s fake cases | Dec 23 | The Thaiger
Thailand3 weeks ago

Thailand News Today | Covid outbreak update, migrant workers ‘dumped’, Phuket’s fake cases | Dec 23

Thailand News Today | 427 new C19 infections, Pattaya countdown cancelled, Elite Visa update | Dec 22 | The Thaiger
Coronavirus (Covid-19)4 weeks ago

Thailand News Today | 427 new C19 infections, Pattaya countdown cancelled, Elite Visa update | Dec 22

Follow The Thaiger by email:

Trending