Monday, March 25, 2019
News
NEWS HOME
»
PRN INDIA
LOTS Wholesale Solutions Expands Footprint With its Third Store in India
  SocialTwist Tell-a-Friend  
   

NEW DELHI, January 10, 2019 /PRNewswire/ --

  • Commences operations in Noida - first store in Uttar Pradesh - from 12th  Jan 2019
  • Launches its own private label Basic Plus and PlusMo

LOTS Wholesale Solutions, a part of the USD 50 billion Charoen Pokphand Group ("CP Group") and a wholly owned subsidiary of Siam Makro Public Company Limited ("Siam Makro") from Thailand, today unveiled its third wholesale distribution centre in India at Ithum, Sector 62, Noida. In 2018, the company inaugurated their stores at Netaji Subhash Place and Akshardham. The three stores, opened within a span of seven months, will cater to a total of 1,40,000 registered customers in Delhi NCR.

LOTS Wholesale Solutions store in Noida is the first step towards the company's commitment of investing INR 250 crores in the state of Uttar Pradesh. The expansion plan will witness the opening of more stores in the state in the coming years.

The new store in Noida is spread over an area of 50,000 sq ft and will provide its customers with more than 5,500 assorted products in food and non-food categories. It will cater to over 40,000 business customers with a diverse clientele including Kiranas, hotels, restaurants and caterers (HoReCa), corporates, MSMEs and institutions such as government agencies, educational institutes and hospitals from the catchment area.

In addition to the announcement of its third store, LOTS Wholesale Solutions also launched its own brands  Basic Plus and PlusMo  with an aim to provide best quality products at economical prices. The first two product categories introduced under these brands are bakery items and home-cleaning.

Talking about the launch of the third store in India,  Mr. Tanit Chearavanont, Managing Director, LOTS Wholesale Solutions,  said, "Following our values of victory, we have outperformed ourselves and unveiled the third store within a span of seven months. As promised, we delivered our two stores in 2018. Uttar Pradesh was an obvious choice for expansion after Delhi NCR, owing to the proximity to the enormous market opportunity in the state. It fits well within our cluster strategy for the business in India. Aided by government support, we aim to establish an environment of mutual growth for farmers, traders and our business in the state. We will work directly with them to establish a strong supply chain and demand for their products."

Featuring specially curated assortments for its members, delivery services, e-commerce, credit facility etc., LOTS Wholesale Solutions is a one-stop shop for all its customer needs.

About LOTS Wholesale Solutions  

LOTS Wholesale Solutions, a wholly-owned subsidiary of Siam Makro Public Company Limited (via CP Wholesale India Pvt. Ltd.), was established in January 2017 in India. Siam Makro is Thailand's leading Cash & Carry operator in wholesale for professional business operators. The company's focus in India is on meeting the needs of business customers' and ensuring their satisfaction through the provision of a wide range of products to its members which include retailers, hotels, restaurants, caterers, service business operators, government agencies, hospitals and education institutions.

About Siam Makro  

Siam Makro Public Company Limited, part of the CP Group, operates under the brand name 'Makro'. Established in 1988, Makro offers a range of food and non-food items at wholesale prices to over 3 million registered members in Thailand. Employing over 15,000 people, Makro currently owns and manages 113 Makro Cash & Carry stores, 8 Siam Frozen shops and 5 Food shops in Thailand totalling 734,713 square metres of sales space and 1 Makro Cash & Carry store in Cambodia. The company has engaged in import, export and distribution of quality products in Thailand, Cambodia, Hong Kong, Singapore, UAE and Vietnam through its subsidiaries and other relevant businesses.

About Charoen Pokphand Group  

Founded in 1921 as a seed trading store for Thai farmers, the  Charoen Pokphand  Group has grown over the years into an integrated food production, distribution and retail business. Today considered one of Thailand's largest private company and one of the world's largest conglomerates, it is headquartered in Bangkok, with interests spanning across agribusiness and food, retail and distribution, telecommunications, plastics, automotive, pharmaceutical, property and financial investments.


More News by PR Newswire India

Tejas Networks Appoints Two New Board of Directors - CB Bhave Appointed as Independent Director and Arnob Roy as Executive Director

Football for Friendship: Brazilian National Team Received Nine Values Cup

Oral semaglutide 7 mg and 14 mg doses showed superior reductions in blood sugar and weight compared to sitagliptin at 26 weeks in data presented at ENDO

New Boundaries: Hublot Launches the Official ICC Cricket World Cup 2019 Watch and Announces Cricketing Legend Kevin Pietersen as a New Friend of the Brand

Tejas Networks Appoints Two New Board of Directors - CB Bhave Appointed as Independent Director and Arnob Roy as Executive Director

Football for Friendship: Brazilian National Team Received Nine Values Cup

Oral semaglutide 7 mg and 14 mg doses showed superior reductions in blood sugar and weight compared to sitagliptin at 26 weeks in data presented at ENDO

New Boundaries: Hublot Launches the Official ICC Cricket World Cup 2019 Watch and Announces Cricketing Legend Kevin Pietersen as a New Friend of the Brand

New Boundaries: Hublot Launches the Official ICC Cricket World Cup 2019 Watch and Announces Cricketing Legend Kevin Pietersen as a New Friend of the Brand

Hublot and Ferrari Open a New Chapter in Their Collaboration With the Classic Fusion Ferrari GT Watch

Arçelik to Acquire Singer Bangladesh Operations for $75 Million

Frost & Sullivan Identifies 3 Innovative Tactics that Encourage Accessible Water for All

Legal Sea Foods partners with CP Foods on premium products

YuppTV Bags the Digital Broadcast Rights for VIVO IPL 2019 for Australia, Continental Europe, and South East Asia

Youth's Crushed Legs and Life Saved by Timely Treatment at Parvathy Hospital

Azure Power Puts Over 500 MWs of Solar Power Projects Into Operations in FY19

Global Poker League India's 6 City Teams Unveiled After Bootcamp

The Classic Fusion Ferrari GT Watch Opens a New and Innovative Chapter in the Partnership of Excellence Between Hublot and Ferrari

Aeronutrix's Sports Nutrition Brand Fast&Up Announced as the Official Energy Drink Partner for Procam International Running Events in India

Lear Invests in Israel-Based Maniv Mobility Venture Capital Fund

53rd Edition of the Shankar-Shad Mushaira Takes Place in Delhi

Global Digital Spending Touched $575 Bn in 2018 and is Expected to Grow to a Whopping $1.2 Tn by 2022: Says Zinnov

iPinYou Partners with Weibo to Provide a More Integrated Advertising Solution across Social and Programmatic Platforms

ColorTokens Named Next Gen Security Company of the Year at Cyber Defense Magazine 2019 InfoSec Awards

EcoEnergy Insights Recognized for Growth, Innovation and Leadership: Wins Prestigious Frost & Sullivan Best Practices Award

Malaysia's Sapura Group Announced as Host Operator for World-leading CCW Critical Communications Event

RemoteMyApp adopts IBM Cloud to scale multi-platform gaming service

Frost & Sullivan Identifies Motivators of Growth in the Global Battery Energy Storage Market

Now In The Fifth Year, FoodTrekking Awards Recognize Excellence & Innovation In Food Travel Experiences

Systech Partners With NW Solutions to Deliver Brand Protection Offerings

ThroughPut Welcomes Industrial, Automotive, Telecommunications and Technology Heavy-weights, Dr. Hagen Hultzsch and Robert Alpert, to its prestigious Board of Advisors

eCommerce Channels Find High Penetration for Drug and Medical Device Sales

P.I. Works Commended by Frost & Sullivan for the Exceptional Price-Performance Value of Its Automated Network Management and Capacity Planning Solution

VisualDx's Web-based Clinical Decision Support System Acknowledged by Frost & Sullivan as Best in Class

Visiopharm Earns Acclaim from Frost & Sullivan for Transforming Anatomic Pathology with its Cross-platform Software Solutions

Sasol Offers Support to Cyclone Idai Victims

Grundfos Earns Acclaim from Frost & Sullivan for its Innovation-driven Growth in the Water and Wastewater Pumps Market

China's First Digital Bank, WeBank, introduced the '3O' Paradigm of Open Banking at Money 20/20 Asia

Cognitec's Best-in-class Facial Recognition Solutions Honored by Frost & Sullivan

WENZEL Group Earns Acclaim from Frost & Sullivan for Disrupting the Coordinate Measurement Machine Market with Its SF 87 Shop Floor CMM

The Sunhak Peace Prize Committee is accepting nominations for the 4th Sunhak Peace Prize from March through May 2019

Research from XJTLU advances RNA modification mapping

Trina Solar rolls out four new series of modules, unleashes a new era of mass-produced high-output modules

Nexteer Recognized as Manufacturing Leadership Awards 2019 Winner for Enterprise Integration & Technology Leadership

Frost & Sullivan Recognizes Best-in-class Companies with Prestigious Industry Awards

 
 
TRENDING TOPICS
 
 
CITY NEWS
MORE CITIES
 
 
INDIA WORLD ASIA
TRS fields 32-year old youngster from Se...
Alliance partners will help winning Siva...
One more held in Gurugram mob attack cas...
#VoteKar: PM Modi tweets 16 times in hal...
Kamal Hassan not to contest polls...
Kanhaiya Kumar to contest from Begusarai...
More...    
 
 Top Stories
After RJP-N, FSF-N warns to quit Ol... 
Kamal Hassan not to contest polls... 
TRS fields 32-year old youngster fr... 
IPL 2019: Pant, bowlers help Delhi ... 
Alliance partners will help winning... 
One more held in Gurugram mob attac... 
Australia: Cyclone Veronica hits we... 
Naveen Patnaik announces nine more ...