“Mr. D.I.Y.” Confident that demand for home furnishings is still strong, targeting 150 branches per year, expected to reach 1,000 branches within 4 years after celebrating 500 branches this year.
Mr. Andy Chin, Chief Executive Officer Mr. D.I.Y. (Thailand) said that the company aims to open 150 branches this year, with 90 branches in the first half of the year. Until the end of the year, the company will have more than 550 branches nationwide. Help increase the new employment rate of more than 2,500 Thai people.
Despite the inflation situation and cost of living problems But consumers still want everyday items that are affordable. and believe that this demand will continue in the future This is reflected from the company’s sales in the past to present, which are still around 220-250 baht from the purchase of 3-4 items per receipt regularly.
Recently, the company opened 500 branches at Lotus, Bangkapi, with a total area of 1,100 square meters. There are more than 18 thousand products to choose from, consisting of 10 main categories: hardware, household appliances. electrical appliance auto accessories home decoration accessories Stationery and sports equipment, toys, gifts, computer accessories and mobile phone including jewelry and cosmetics, etc.
Last year, the company saw same-store sales growth of about 40%, while average store expansion increased 25% compared to other countries around the world. Currently, the Thai market is considered a potential market. The company has set a goal to have 1,000 branches in Thailand in 2026.
