The Mall Group
Thai retail company
From Wikipedia, the free encyclopedia
The Mall Group (Thai: เดอะมอลล์กรุ๊ป) is one of Thailand’s largest retail conglomerates, known for its portfolio of shopping malls and department stores.[2] It is a private company and a subsidiary of Lukrak Supachai Company Limited.[1] The current chair is Supaluck Umpujh.[3] As of 2018[update] it had 13,000 employees.[4] The group has been a member of the International Association of Department Stores since 2009.[5][6]
Nongluck Umpujh
 | |
| Industry | Retailing |
|---|---|
| Founded | 25 June 1981 |
| Founder | Supachai Umpujh Nongluck Umpujh |
| Headquarters | Bang Kapi, Bangkok, Thailand |
Key people | Supaluck Umpujh, chair Lakana Naviroj, managing director[1] |
| Products | Shopping centers, department stores |
| Revenue | US$1 billion (2016 est.) |
| Owner | Umpujh & Phataraprasit families |
| Website | themallgroup |
The company owns The Mall, The Mall Lifestore, Emporium, EmQuartier, Emsphere and Siam Paragon shopping centers.[7] The company also operate Gourmet Market supermarket in those shopping centers as well as those in Terminal 21 Asok, The Promenade [part of Fashion Island (Bangkok)], Lat Phrao MRT station, Design Village Phutthamonthon Sai 3, Design Village Bangna and The Crystal SB Ratchaphruek.
History
The Mall Group opened its first retail store on 25 June 1981 on Ratchadamri Road near Ratchaprasong region in Bangkok. At the time it had 400 employees.[4]
In 2020, the group decided to rebrand for the first time in 39 years, aiming to turn all shopping and retail entertainment complexes to "The Mall Lifestores". According to Chairwoman Supaluck Umpujh, all existing malls should be rebranded by 2023.[2]
In December 2021, the company announced it was teaming up with Bitkub, a cryptocurrency exchange based in Thailand, to form a joint venture aiming to make Thailand a leading hub for digital asset investment.[8]
The company is 65% owned by the Umpujh family and 35% owned by the Phataraprasit family.[9][10][11]
As of 2022, The Mall Group owns and manages an estimated 3,000,000 square meters of retail space and generates around $1.2 billion in annual revenue.[12]
Malls
| Mall | Opening year | Note |
|---|---|---|
| The Mall Ratchadamri (The Mall 1) | 1981[4] | The Mall Group's first mall, closed in 1988. |
| The Mall Ramkamhaeng (The Mall 2, 3 and 4) | 1983 | Located on Ramkhamhaeng Road, will be served by Ramkhamhaeng 12 MRT station of MRT Orange Line. "The Mall 2" and "The Mall 4" was closed in 2017. "The Mall 3" Rebranded as 1981 Soul Sold. |
| The Mall Thapra (The Mall 5) | 1989 | Located on Ratchadapisek Road, served by Talat Phlu BTS station of Silom Line. Rebranded as The Mall Lifestore Thapra |
| The Mall Ngamwongwan (The Mall 6) | 1991 | Located on Ngamwongwan Road, will be served by Ngam Wong Wan 18 (Chulakasem) MRT station of MRT Brown Line. Rebranded as The Mall Lifestore Ngamwongwan. |
| The Mall Bangkae (The Mall 7) | 1994 | Located on the intersection where Phet Kasem Road and Kanchanaphisek Road meet, served by Lak Song MRT station of MRT Blue Line. Rebranded as The Mall Lifestore Bangkae. |
| The Mall Bangkapi (The Mall 8) | 1994 | Located on Lat Phrao Road, served by Bang Kapi MRT station of MRT Yellow Line. Rebranded as The Mall Lifestore Bangkapi. |
| Emporium | 1997 | The Mall Group's first mall to not include "The Mall" in its name. First mall in The Em District, area surrounding Phrom Phong BTS station of Sukhumvit Line. |
| The Mall Korat (The Mall 9) | 2000 | The Mall Group's first mall outside Bangkok Metropolitan Region. |
| Siam Paragon | 2005 | located in Siam area, directly next to Siam BTS station, an interchange station of Silom and Sukhumvit Lines. It is a joint venture between The Mall Group and Siam Piwat. It is A mass shooting occurred here in 2023. |
| The Mall SkyPORT | 2005 | Located inside Terminal 1 of Don Mueang International Airport |
| BLÚPORT | 2014 | Located in Hua Hin. It was sold to Proud Real Estate Group in 2021. |
| EmQuartier | 2015 | Second mall in The Em District. |
| EmSphere | 2023 | Third mall in The Em District. |
| Bangkok Mall | 2029 | Currently under construction, will include Bangkok Arena, will be the biggest shopping mall in Southeast Asia by Gross Leasable Area once open. |