The Mall Group Explained

The Mall Group
เดอะมอลล์กรุ๊ป
Founder:Supachai Umpujh
Nongluck Umpujh
Foundation:25 June 1981
Location:Bang Kapi, Bangkok, Thailand
Key People:Ms Supaluck Umpujh,
Ms Lakana Naviroj,
Industry:Retailing
Products:Shopping centers, department stores
Revenue:US$1 billion (2016 est.)
Owner:Umpujh & Phataraprasit families

The Mall Group (Thai: เดอะมอลล์กรุ๊ป) is one of Thailand’s largest retail conglomerates, known for its portfolio of shopping malls and department stores.[1] Its brands include The Mall, Emporium, EmQuartier, Emsphere, Siam Paragon, Gourmet Market, and others.[2]

It is a private company and a subsidiary of Lukrak Supachai Company Limited.[3] The current chairwoman is Supaluck Umpujh.[4] [5] it has 13,000 employees.[6] The group has been a member of the International Association of department stores since 2009.[7] [8]

History

The Mall Group opened its first retail store on 25 June 1981 on Ratchadamri Road in Bangkok. At the time it had 400 employees.

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.

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.

The company is 65% owned by the Umpujh family and 35% owned by the Phataraprasit family.[9] [10] [11]

Malls

List of The Mall Group's malls
YearMall
1981First shopping mall, Ratchadamri Road, Bangkok (The Mall 1)
1983The Mall Ramkamhaeng (The Mall 2, 3)
1989M Lifestore Thapra (M Lifestore 5)
1991M Lifestore Ngamwongwan (M Lifestore 6)
1994M Lifestore Bangkhae (M Lifestore 7) and M Lifestore Bangkapi (M Lifestore 8)
1997Emporium, Bangkok
2000M Lifestore Korat (M Lifestore 9)
2005Siam Paragon, Bangkok (a joint venture with Siam Piwat)
2005The Mall SkyPORT (inside Don Mueang International Airport, Terminal 1)
2014BLÚPORT, Hua Hin (sold to Proud Real Estate Group in 2021)
2015EmQuartier, Bangkok
2023EmSphere, Bangkok
2026The Bangkok Mall (under construction) including Bangkok Arena

Branch

The Mall Ramkhamhaeng
  • The Mall II Ramkhamhaeng - department store and mini mall
  • The Mall III Ramkhamhaeng -

Shopping mall,department store

  • The Mall IV Ramkhamhaeng (also known as Major Cineplex Ramkhamhaeng)
Currently being remodeled
M Lifestore ThaphraPreviously known as The Mall Thaphra
M Lifestore BangkaePreviously known as The Mall Bangkae.
M Lifestore BangkapiPreviously known as The Mall Bangkapi
M Lifestore Korat (Nakhon Ratchasima)Previously known as The Mall Korat (Nakkon Ratchasima)
M Lifestore NgamwonganPreviously known as The Mall Ngamwongwan
Paragon Department Store (Siam Paragon)To be remodeled
Emporium Department Store at The EM District (Emporium/Emquartier/Empshere)EmSphere currently under construction. Emporium Department Store to be remodeled
The Bangkok MallCurrently under construction
[12]

Former branch

See also

Notes and References

  1. News: The Mall embarks on first-ever rebranding . 4 March 2021 . Bangkok Post.
  2. Web site: Our Businesses . The Mall Group . 27 September 2018.
  3. Web site: Company Overview of The Mall Group Co., Ltd.. Bloomberg. 9 November 2017.
  4. Web site: Forbes Profile: Supaluck Umpujh. Forbes. 9 November 2017.
  5. News: Jitpleecheep. Pitsinee. Banchongduang. Somruedi. The Mall Group to make cashless move. 9 November 2017. Bangkok Post. 2 November 2017.
  6. News: Rungfapaisarn . Kwanchai . Just like one big family . 11 August 2018 . The Nation . 11 August 2018.
  7. Web site: The Mall. 22 April 2021. www.iads.org.
  8. News: Jitpleecheep. Pitsinee. Pholkwamdee. Nuntawan. The Mall Group to make cashless move. 3 March 2022. Bangkok Post. 12 January 2022.
  9. Web site: Supaluck Umpujh & family . 2022-04-22 . Forbes . en.
  10. Web site: Determination of date of the Extraordinary General Meeting of Shareholders No. 1/2018 and the issue and offer of newly issued ordinary shares to specific investor .
  11. Web site: 2019-10-21 . Peninsula Parent's Thailand Dispute Shows Perils of Owner-Chain Relations . 2022-04-22 . Skift . en-US.
  12. Web site: The Mall Lifestore Ngamwongwan. 2 January 2021. The Mall.