City Mart Holdings

City Mart Holding Co.,Ltd.
Native name
 စီးတီးမတ် ဟိုးဒင်းလီမိတက်
Private
Industry Retail
Founded 1996 in Yangon, Myanmar
Headquarters No.1-11, Padonmar Stadium (East Wing), Bargayar Street, Sanchaung Township, Yangon, Myanmar
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.cmhl.com.mm

City Mart Holdings (CMHL, Burmese: စီးတီးမတ် ဟိုးဒင်း) is Myanmar’s one of the largest retail chain,[1] employing more than 6,800 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 Naypyitaw.[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]

Myanmar Retail Sector

In 2015 modern retail in Myanmar accounted for approximately 10 percent[9] of the fast-moving consumer goods (FMCG) segment, but as local purchasing power grows, the demand for modern consumer goods is expected to rise.[10] 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.[11]

Businesses under CMHL

City Mart Supermarkets

The City Mart Supermarkets are catered to urban households focusing on food and lifestyle. As of 2015, 21 City Mart Supermarkets have opened in Yangon and Mandalay.[12] 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 2015, there are 7 Ocean Super centers located in Mandalay, Naypyidaw and Yangon.[13]

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.[14] 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 29 City Care stores in Mandalay, Naypyidaw and Yangon.

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.

Popular Bookstore

Franchised brand that sells books, stationery, assessment titles and multimedia products. As of 2015, there are 4 outlets.

Seasons Bakery

Seasons Bakery provides freshly baked goods. Seasons outlets have expanded to 27 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:

References

  1. ↑ "Myanmar retail sector ringing up sales | Retail News Asia". Retail News ASIA. Retrieved 2015-10-15.
  2. ↑ "A Tale of Retail Success". The Irrawaddy. Retrieved 2015-11-02.
  3. ↑ "Myanmar retail sector ringing up sales". Retail News Asia – via Retail Asia News.
  4. ↑ "MMRA Home". mramyanmar.com. Retrieved 2015-11-02.
  5. ↑ "Win Win Tint". Win Win Tint | World Economic Forum. Retrieved 2015-11-09.
  6. ↑ "Local entrepreneur beats out ASEAN competition". www.mmtimes.com. Retrieved 2015-11-09.
  7. ↑ "Win Win Tint 39 (Myanmar) - In Photos: Asia's Power Businesswomen 2015". Forbes. Retrieved 2015-11-09.
  8. ↑ Pwint Thit Sa. "TIME 2014 Myanmar Tax Index" (PDF).
  9. ↑ "International brands attracted to Myanmar". Mizzima. Retrieved 2015-11-02.
  10. ↑ "Myanmar retail sector ringing up sales | Retail News Asia". Retail News ASIA. Retrieved 2015-11-02.
  11. ↑ Chhor, Heang; Dobbs, Richard; Hansen, Doan; Thompson, Fraser; Shah, Nancy; Streiff, Lukas (June 2013). "Myanmar's moment: Unique opportunities, major challenges". www.mckinsey.com. Retrieved 2015-11-02.
  12. ↑ "City Mart | Myanmar's leading supermarket". City Mart | Myanmar's leading supermarket. Retrieved 2015-11-03.
  13. ↑ "Ocean – Supercenter, Myanmar's Large format retailer in Yangon, Nay Pyi Taw & Mandalay". oceansupercenter.com.mm. Retrieved 2015-11-03.
  14. ↑ "Marketplace by City Mart - Lonely Planet". Lonely Planet. Retrieved 2015-11-03.
  15. ↑ "City Mart Holding Co.,Ltd. - CSR Activities". cmhl.com.mm. Retrieved 2015-10-15.

External links

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