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Why Central Retail’s ‘workhorse’ malls are worth a second look

Bangkok-headquartered Central Retail now operates retail stores and shopping malls in 58 of Thailand’s provinces and 41 of Vietnam’s. That means a lot of them are serving second-tier locations. Its key large-format concept for serving secondary cities in both countries is the ‘Plaza’, of which it has 30 in Thailand and 39 in Vietnam. These are anchored by department stores, hypermarkets and supermarkets that the company itself also owns and operates. They are not too glamorous, to tell t