LOTS follows a cluster approach. The brand sets up stores basis the supplier/ customer base so that they can provide them with a hassle-free experience and build a robust supply chain and make the delivery process faster…
![LOTS Wholesale Solutions To Open 15 Stores In India Over Three Years](https://magarticles.magzter.com/articles/95/298304/5b83dde89867b/LOTS-Wholesale-Solutions-to-Open-15-Stores-in-India-Over-Three-Years.jpg)
LOTS Wholesale Solutions, a part of the US $50 billion Charoen Pokphand Group (CP Group) and a wholly owned subsidiary of Siam Makro Public Company Limited of Thailand, has recently unveiled its first wholesale distribution centre in India at Netaji Subhash Place in New Delhi.
The newly-launched store will cater to over 50,000 registered members which include Hotels, Restaurants and Caterers (HoReCa), kirana stores, corporates, MSMEs and institutions such as government agencies, educational institutes and hospitals.Spread over an area of 50,000 sq. feet, the LOTS Wholesale Solutions store is fully equipped with modern warehousing and storage facilities for its members. The company has adopted a 100 percent FDI route to establish its operations in India under the name of LOTS Wholesale Solutions.
“We come with 28 years of experience in the B2B sector. Thailand and Indian market are very similar in terms of retail space as they both follow the same kiranas concept (known as Sho-Hauy in Thailand). CP Group also has a sizeable presence of 100+ hypermarkets in China. This has given us a good understanding of how to operate in difficult markets. We have also conducted a detailed research about this market and trends which has helped us formulate our strategy and adapt to Indian market conditions,” says Sameer Singh, Director Development and Expansion, Operations and Supply Chain.
Understanding India
Bu hikaye Images Retail dergisinin August 2018 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Giriş Yap
Bu hikaye Images Retail dergisinin August 2018 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
![The Good Side of Reselling](https://reseuro.magzter.com/100x125/articles/95/1743549/Rp4f-wQZD1719229974094/THE-GOOD-SIDE-OF-RESELLING.jpg)
The Good Side of Reselling
Recommerce offers a sustainable approach by refurbishing and reselling used electronics, thereby extending their lifespan and reducing the overall environmental impact
![Why is CGI marketing gaining popularity among brands?](https://reseuro.magzter.com/100x125/articles/95/1743549/FZA2jaB9N1719229729938/WHY-IS-CGI-MARKETING-GAINING-POPULARITY-AMONG-BRANDS.jpg)
Why is CGI marketing gaining popularity among brands?
Effectiveness, engagement and novelty are some of the many benefits of computer-generated imagery-driven advertising
![Getting Data Analytics Right](https://reseuro.magzter.com/100x125/articles/95/1743549/bKOh7Bd7W1719229525231/GETTING-DATA-ANALYTICS-RIGHT.jpg)
Getting Data Analytics Right
Industry experts on how to make the most of data analytics to be able to make decisions that add value to the business
!['Reliance Retail Eyes Blockchain for Security, 5G for AR-powered in-store Navigation'](https://reseuro.magzter.com/100x125/articles/95/1743549/2Dz-qeHJt1719229108768/RELIANCE-RETAIL-EYES-BLOCKCHAIN-FOR-SECURITY-5G-FOR-ARPOWERED-INSTORE-NAVIGATION.jpg)
'Reliance Retail Eyes Blockchain for Security, 5G for AR-powered in-store Navigation'
Suman Guha, Chief Product and Technology Officer, Reliance Retail speaks on the leading retailer company's technology investments, strategy and focus areas
![A New Approach to Profitability](https://reseuro.magzter.com/100x125/articles/95/1743549/lejQAQrcV1719228780272/A-NEW-APPROACH-TO-PROFITABILITY.jpg)
A New Approach to Profitability
Key areas in which shopping centres are doing things differently than before to improve mall economics
!['Bhumi World's Outlet Mall to start by December 2024'](https://reseuro.magzter.com/100x125/articles/95/1743549/eNx_1WTDS1719228445819/BHUMI-WORLDS-OUTLET-MALL-TO-START-BY-DECEMBER-2024.jpg)
'Bhumi World's Outlet Mall to start by December 2024'
The outlet mall will be first-of-its-kind housing brands that will offer discounts on all products round the year
!['Achieving ₹100 crore a month revenue gave us wings to soar higher'](https://reseuro.magzter.com/100x125/articles/95/1743549/hKO_3145y1719228070353/ACHIEVING-100-CRORE-A-MONTH-REVENUE-GAVE-US-WINGS-TO-SOAR-HIGHER.jpg)
'Achieving ₹100 crore a month revenue gave us wings to soar higher'
V Muhammad Ali, CEO Forum Malls, Prestige Group, speaks about Forum South Bengaluru entering the Big Billion Club and upcoming projects under Forum 2.0
!['Shoppers Stop's Biggest Differentiator is Brand Expression at its Best'](https://reseuro.magzter.com/100x125/articles/95/1743549/TrCqYwnA71719227523762/SHOPPERS-STOPS-BIGGEST-DIFFERENTIATOR-IS-BRAND-EXPRESSION-AT-ITS-BEST.jpg)
'Shoppers Stop's Biggest Differentiator is Brand Expression at its Best'
In an exclusive interview, Kassim speaks about the company's strategy for its beauty business, its plans across channels and its ambitions to supply to every beauty retailer in the country
![May Sees Over 162 New Store Openings](https://reseuro.magzter.com/100x125/articles/95/1743549/QzRQb9yBc1719227291990/MAY-SEES-OVER-162-NEW-STORE-OPENINGS.jpg)
May Sees Over 162 New Store Openings
With over 63 new stores opening in the region, North led the charge.
![Spotlight on Innovation and Excellence in India's Retail Sector](https://reseuro.magzter.com/100x125/articles/95/1743549/_OFxGez5w1719226505423/SPOTLIGHT-ON-INNOVATION-AND-EXCELLENCE-IN-INDIAS-RETAIL-SECTOR.jpg)
Spotlight on Innovation and Excellence in India's Retail Sector
Powered by Vegas, the 20th edition of IMAGES Retail Awards, involved industry-wide voting from over 111 of India's leading shopping centres