City Mart Holdings: Difference between revisions
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City Mart Holdings Co., Ltd. was ranked 31 in Myanmar for the fiscal year 13/14 Income Tax Ranking, and 5 for the Commercial Tax Ranking Myanmar Index.<ref>{{Cite web|url = http://www.myanmar-responsiblebusiness.org/pdf/TiME/2015-Pwint-Thit-Sa-100.pdf|title = TIME 2014 Myanmar Tax Index|date = |accessdate = |website = |publisher = |last = Pwint Thit Sa|first = }}</ref> |
City Mart Holdings Co., Ltd. was ranked 31 in Myanmar for the fiscal year 13/14 Income Tax Ranking, and 5 for the Commercial Tax Ranking Myanmar Index.<ref>{{Cite web|url = http://www.myanmar-responsiblebusiness.org/pdf/TiME/2015-Pwint-Thit-Sa-100.pdf|title = TIME 2014 Myanmar Tax Index|date = |accessdate = |website = |publisher = |last = Pwint Thit Sa|first = }}</ref> |
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== Myanmar Retail Sector == |
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In 2015 modern retail in Myanmar accounted for approximately 10%<ref>{{Cite web|title = International brands attracted to Myanmar|url = http://mizzima.com/business-domestic/international-brands-attracted-myanmar|accessdate = 2015-11-02|publisher = Mizzima}}</ref> of the fast-moving consumer goods (FMCG) segment, but as local purchasing power grows, the demand for modern consumer goods is expected to rise.<ref>{{Cite web|title = Myanmar retail sector ringing up sales {{!}} Retail News Asia|url = http://www.retailnews.asia/myanmar-retail-sector-ringing-up-sales/|website = Retail News ASIA|accessdate = 2015-11-02}}</ref> The McKinsey Global Institute predicted in a report from 2013 that Myanmar’s economy could quadruple by 2030, from around $45 billion to $200 billion. The report predicted a likewise increase in the consumer class spending capabilities with a yearly increase of $100 billion per year.<ref>{{Cite web|title = Myanmar’s moment: Unique opportunities, major challenges|url = http://www.mckinsey.com/insights/asia-pacific/myanmars_moment|website = www.mckinsey.com|accessdate = 2015-11-02|date=June 2013|first1=Heang|last1=Chhor|first2=Richard|last2=Dobbs|first3=Doan|last3=Hansen|first4=Fraser|last4=Thompson|first5=Nancy|last5=Shah|first6=Lukas|last6=Streiff}}</ref> |
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== Businesses under CMHL == |
== Businesses under CMHL == |
Revision as of 14:12, 1 December 2017
Native name | Template:My |
---|---|
Company type | Private |
Industry | Retail |
Founded | 1996 in Yangon, Myanmar |
Headquarters | No.1-11, Padonmar Stadium (East Wing), Bargayar Street, Sanchaung Township, , |
Key people | Win Win Tint (Founder and Managing Director) |
Brands | City Mart Supermarket Ocean Supercentre City Care Pharmacy Seasons Bakery Marketplace by City Mart City Baby Club City Books & Music Popular Bookstore City Express |
Number of employees | 8000 |
Website | www |
City Mart Holdings (CMHL, Template:Lang-my) is Myanmar’s one of the largest retail chain,[1] employing more than 8,000 employees. The City Mart Group started as a modern supermarket in 1996 in the north wing of Bogyoke Aung San Stadium[2] but has since expanded into many different aspects of modern retail trade such as supermarkets, pharmacies, bookstores, baby stores, convenience stores and bakery & coffee shops. The stores are primarily located in the cities of Yangon, Mandalay and NaypyitawNow it also expanded in some major towns in Upper Myanmar.[3][4][5][6][7]
City Mart Holdings Co., Ltd. was ranked 31 in Myanmar for the fiscal year 13/14 Income Tax Ranking, and 5 for the Commercial Tax Ranking Myanmar Index.[8]
Businesses under CMHL
City Mart Supermarkets
The City Mart Supermarkets are catered to urban households focusing on food and lifestyle. As of 2016, 26 City Mart Supermarkets have opened in Yangon and Mandalay.[9] Many City Mart Supermarkets have pop-up stores inside them for beauty products, pharmacy, wine & spirits, kitchen utensils etc. Most stores have a wide selection of foreign products.
Ocean Supercenters
Ocean Supercenter was the first hypermarket to open in Myanmar in 2006. They are known as the one-stop place for shopping food, clothing, beauty products, household products and much more. As of 2016, there are 10 Ocean Super centers located in Yangon, Mandalay, Naypyidaw, Monywar, Mawlamyaing and Pathein.[10]
Marketplaces by City Mart
Marketplaces by City Mart offer a wider range of international and premium products in Yangon. They offer special treats like locally produced coffee and chocolate products.[11] Opened in 2011 as a premium supermarket brand in the Golden Valley shopping center. Second outlet opened in 2013 at the FMI Center Parkson.
City Baby Clubs
City Baby Clubs sell daily essentials, accessories, toys and food products for mothers and baby care. The Baby Club has expanded to 6 outlets in Yangon and Mandalay.
City Care
City Care pharmacies provide pharmaceutical products, beauty and health products. There are 35 City Care stores in Yangon, Mandalay, Naypyidaw, Monywar, Mawlamyaing and Pathein.
City Books & Music
Local bookstore and music chain providing Myanmar-focused books and magazines as well as original music of both local and international musicians. There are 13 City Books & Music outlets.
Seasons Bakery
Seasons Bakery provides freshly baked goods. Seasons outlets have expanded to 34 outlets.
City Express
A convenience store chain opened 24-hours that currently operates 52 outlets in Yangon. City Express started as a mini-shop outlet and opened in April 2011 on Hledan Road in Yangon. Rebranded as City Express in 2013.
CSR activities
The company started the City Love & Hope Foundation in 2013 to provide support in the following areas to the communities:
- Education
- Health
- Environment
- Community Livelihood[12]
References
- ^ "Myanmar retail sector ringing up sales | Retail News Asia". Retail News ASIA. Retrieved 2015-10-15.
- ^ "A Tale of Retail Success". The Irrawaddy. Retrieved 2015-11-02.
- ^ "Myanmar retail sector ringing up sales". Retail News Asia – via Retail Asia News.
- ^ "MMRA Home". mramyanmar.com. Retrieved 2015-11-02.
- ^ "Win Win Tint". Win Win Tint | World Economic Forum. Retrieved 2015-11-09.
- ^ "Local entrepreneur beats out ASEAN competition". www.mmtimes.com. Retrieved 2015-11-09.
- ^ "Win Win Tint 39 (Myanmar) - In Photos: Asia's Power Businesswomen 2015". Forbes. Retrieved 2015-11-09.
- ^ Pwint Thit Sa. "TIME 2014 Myanmar Tax Index" (PDF).
- ^ "City Mart | Myanmar's leading supermarket". City Mart | Myanmar's leading supermarket. Retrieved 2015-11-03.
- ^ "Ocean – Supercenter, Myanmar's Large format retailer in Yangon, Nay Pyi Taw & Mandalay". oceansupercenter.com.mm. Retrieved 2015-11-03.
- ^ "Marketplace by City Mart - Lonely Planet". Lonely Planet. Retrieved 2015-11-03.
- ^ "City Mart Holding Co.,Ltd. - CSR Activities". cmhl.com.mm. Retrieved 2015-10-15.
External links
- City Mart Supermarket
- Ocean Supercenter
- Marketplace by City Mart
- City Baby Club
- City Care
- City Books & Music
- Popular Bookstore
- Seasons Bakery
- City Express