LOTS Wholesale Solutions To Open 15 Stores In India Over Three Years

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…

- Charu Lamba

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.

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