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MR. D.I.Y. Holding (Thailand) Plc intends to allocate 4 billion baht this year, with the goal of launching 210 new outlets and establishing an automated distribution center to facilitate its growth.

Approximately 2.1 billion baht has been set aside for the establishment of new stores and the expansion of warehouses, with an additional 1.9 billion baht designated for the construction of a 160-rai automated warehouse within the Araya Industrial Estate in Samut Prakan, along with associated costs, according to the company.

The fully operational automated warehouse is anticipated to facilitate product distribution for approximately 3,000 stores by 2031, with initial activities starting in 2028.

Chief executive Andy Chin mentioned that Thailand still offers substantial potential for expansion in the home improvement and lifestyle retail sector.

The organization provides approximately 16,000 items spanning six main categories. About 75% of its offerings are imported from China, India, Malaysia, Indonesia, and Vietnam, whereas 25% are obtained locally from roughly 300 suppliers, he mentioned.

Mr. Chin stated that Mr. D.I.Y.’s items are approximately 27% less expensive than similar offerings from other stores, thanks to its price-driven approach, which is challenging for rivals to copy.

This approach has strengthened the company’s standing as Thailand’s top-growing general home improvement and lifestyle retailer, according to him, with significant market presence and brand awareness.

In terms of retail outlook, Mr. Chin mentioned there are indications of improvement and he stays positive, highlighting that the company offers a complete selection of daily household necessities.

“Because of this, we intend to launch an additional 210 stores this year,” he stated.

Approximately 70% of the sites for the new locations have been finalized, and the growth is anticipated to enhance the company’s presence throughout the country, serving both city and rural areas.

By December 31, 2025, the company had 1,127 locations spread across all 77 provinces, catering to over 120 million customers each year.

To celebrate its 10th anniversary, the company will launch its enhanced 2.0 store concept, showcasing a renewed brand image with its recognizable yellow exterior, aimed at increasing visibility and offering a more inviting atmosphere to improve the overall customer experience.

The organization is also enhancing its product approach through the growth of in-house brands and co-created intellectual property items.

Private-label items are becoming more significant in the industry, accounting for 42.7% of sales in 2023, increasing to 44.9% in 2024, and expected to hit 45% in 2025.

Mr. D.I.Y. anticipates double-digit growth this year and plans to surpass 1,500 stores across the country by 2027.

The firm announced revenue of 20.1 billion baht for 2025, indicating a 24% increase compared to the previous year, while net earnings increased by 48% from the prior year to reach 2.6 billion baht.

Provided by SyndiGate Media Inc.Syndigate.info).