Central Retail Corporation (CRC), the Thai group shareholder of Italy's La Rinascente, has recently acquired a 17,500 sqm palace at Rome’s Via del Tritone, which is set to host a new branch of the department store. The acquisition will finalized by September 2012 and is part of a plan to expand, reposition and restructure the Italian insignia. CRC is a leader in South-East Asian distribution and department stores with over 60 years of experience and 66,000 employees.