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Friday, July 19, 2024

Big C Mien Dong to close down over site lease dispute

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HCMC – Thailand’s Central Retail, which manages and operates the Big C supermarket chain in Vietnam, announced on June 2 that it will shut down the Big C Mien Dong in HCMC’s District 10 in the next 20 days, as it has failed to reach an agreement on the site lease with the landlord.

Given the impact of the coronavirus pandemic, the Thai retailer has made efforts to reach an agreement over the extension of the contract with the site lessor to maintain normal operations at the supermarket and support local consumers during the post-Covid-19 period, according to a Central Retail representative.

However, new suggestions from the lessor over the contract extension have left the retailer unable to fulfill its commitment to offer products at low prices to consumers, following which it decided to cease operating the supermarket.

After the shutdown, employees of Big C Mien Dong will continue to work at other Big C stores, the representative added.

Aside from Big C Mien Dong, other Big C supermarkets under the Central Retail Vietnam in HCMC include Big C Truong Chinh, Big C Au Co, Big C Phu Thanh, Big C An Phu and GO! Market.

The Thai retailer said that it will adopt measures to minimize the inconveniences caused to the loyal customers of Big C Mien Dong by continuously offering them shopping and direct-to-site delivery services via the hotline 1900 1880 or through online shopping apps such as Chopp and GrabMart.

Big C Mien Dong, which is located on To Hien Thanh Street, is among the first Big C supermarkets that French retailer Casino launched in the local market in 2003. Big C was then rebranded as Cora following an M&A deal between two French retailers. From 2016 onward, the Big C Vietnam supermarket chain was officially owned by Thailand’s Central Group.

By Le Hoang

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