The secret to become the most efficient retailer in Vietnam of FPT Shop: Sales employees cum the work of technicians and accountants, each employee brings the revenue of 2,2 billion VND
More than a year ago, the story of replacing the retail price of FPT Shop was put on the table to compare with the Mobile Word. While FPT Shop struggled with price lists on paper, the Mobile World took only 10 seconds with the electronic price lists. However, according to the latest Euromonitor report, FPT Shop is the most efficient retailer in Vietnam with the revenue per square meter of nearly 16,000USD/m2. Mrs. Nguyen Bach Diep – the “female general” of FPT Digital Retail JSC (FPT Retail), which owns the retail chains FPT Shop – did not hide the story that...
FPT Retail’s General Meeting of Shareholders: The ambition with the field of pharmacy, the target is to increase the number of Long Chau stores double in 2018 and in the next year, increase in 10 times.
After joining 1 year, until the beginning of 2018, the number of Long Chau stores was 10 units, this year, they expect to increase this number to 30, soon towards the target of 400 stores. In 3 years time, the field of pharmacy will contribute 30-40% in the revenue In 2017, many giant retailers such as Mobile World (MWG), Digiworld (DGW) và FPT Retail started to “engage” in the field of pharmacy with fast growth. However until now, when MWG said they do not hurry to deploy but they are only concentrating on Green Grocery, or DGW still have not had any...
While Mobile World “gave up” on Phuc An Khang chain, FPT Retail is still betting on Long Chau, expecting the field of pharmacy will contribute 40% in the revenue in the next 4 years
Mrs. Nguyen Bach Diep, the CEO of FPT Retail said, in this year, the company is opening about 20 Long Chau drugstores in Ho Chi Minh City. In the next 4 years, Long Chau drugstores may reach 400 stores and the revenue is predicted to take up 30-40% in the total revenue of FPT Retail. Today, at the annual General Meeting of FPT Retail, the General Director Nguyen Bach Diep has revealed the company’s determination in the investment in Long Chau drugstore chain. “The field of pharmacy will take up 30-40% in the total revenue of FPT Retail in 4 years” Sharing at...
FPT Retail wants the field of pharmacy to contribute 10,000 billion VND in the revenue in 4 years
The owner of FPT Shop chain is expecting to open 400 drugstores and take 30% of the market share after having engaging in the field of pharmacy for 4 years. At the General Meeting of Shareholders taking place in the morning of March 28, Mrs. Nguyen Bach Diep – The General Director of FPT Digital Retail JSC (FPT Retail), for the first time, openly shared the plan to develop the field of pharmacy after one year of silent deployment. The leader of FPT Retail said that there are many indicators which can prove that the field of pharmacy is very potential. Firstly,...
FPT Retail was quoted at 220 USD million having a big expectation for Apple products
The core strategy in the near future is that the company will develop F. Studio strongly by making use of the existing distribution channels to have a strong development for the Apple Store chain with a target of 100 stores in 2018. 40 million FRT shares of FPT Retail – the owner of FPT Shop – will be officially listed on HoSE on 26th April with the starting price of up to 125,000 VND/share. This price corresponds to the capitalization of FPT Retail of 5,000 billion VND, which is equal to the valuation of the Mobile World when listed four years ago....
FPT Retail’s General Meeting of Shareholders: The ambition with the field of pharmacy, the target is to increase the number of Long Chau stores double in 2018 and in the next year, increase in 10 times.
After joining 1 year, until the beginning of 2018, the number of Long Chau stores was 10 units, this year, they expect to increase this number to 30, soon towards the target of 400 stores. In 3 years time, the field of pharmacy will contribute 30-40% in the revenue In 2017, many giant retailers such as Mobile World (MWG), Digiworld (DGW) và FPT Retail started to “engage” in the field of pharmacy with fast growth. However until now, when MWG said they do not hurry to deploy but they are only concentrating on Green Grocery, or DGW still have not had any...
Foreign investors spent hundreds of billions to purchase shares of FPT Retail (FRT) during the floor trading session
The FRT trade was quite active with the matching orders of 871 thousand shares only after the first one hour and the buying source mainly came from foreign investors when they bought 840 thousand of FRT shares, equivalent to 126 billion VND. In this morning session (April 26, 2018), 40 million FRT shares of FPT Digital Retail JSC – FPT Retail were officially listed on HoSE with the reference price of 125,000 VND/share. The FRT trade was quite active with the matching orders of 871 thousand shares only after the first one hour and the buying source mainly came from foreign investors...
In the first quarter, FPT Retail profited 64 billion dong increased over the same period last year by 33%
FPT Retail also opened 13 new stores in this quarter, which made the sum of stores in system get 400. FPT Retail ( code: FRT) has already released the summarized turnover statement of the first quarter in 2018. The revenue got 3,884 billion dong increased 17% comparing with the same period last year. In this revenue structure, FPT Shop retail chain has got 97%; F. Studio chain has got 3%. The profit reached 64 billion dong, which increased over the same period last year by 33% and completed 17% of the plan in this year. Table: the summarized turnover stement in the first quarter in...
40 million FPT Retail shares are officially public
40 million FRT stocks which belong to FPT digital retail joint stock company-FPT retail are official in the stock exchange with the reference price of VND 125.000 per share. Both a consecutive decrease of the domestic stock market and concern about a rapid increase of the U.S.A bond revenue make the investment community very careful at the beginning of the session. Almost large market capitalization is down. VIC has been pressured by profit taking after the recent market reversals that made the market less supportive. MSN, GAS, VRE… as well as these stocks such as: ACB bank, CTG, MBB, VPB… all...
From the number 0 to the second position in the mobile retail industry with the turnover of 10,000 billion, what is the next step of FPT Shop?
Despite of a follower in mobile retail field, FPT Retail shows that they have the right business strategy to rise into the market leader. Opening 370 stores four years In any business branches, the general formula is always two leading companies will have a majority of turnover and profits. Coca and Pepsi is presented for beverage industry, while Apple and Samsung are the top brands of mobile production. Also in the mobile retail sector in Vietnam, Thegioididong and FPT Retail is the leader. In 2012, FPT retail has officially entered the mobile retail field with two brands: FPT Shop and F.Studio by FPT (F.Studio specializing...