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LOTS plans to open 12 more stores in next 3 yrs
Business

LOTS plans to open 12 more stores in next 3 yrs

Agency News

New Delhi, Jun 25: LOTS Wholesale Solutions will invest more than Rs 1000 crore in the first five years in the wholesale business category and also plans to open 12 more stores in the next three years.
"Commemorating its first-year milestone in India, the company has launched “Lakhon Ka Khel” campaign which will focus on maximising profit for customers on every purchase made at LOTS stores for over a month, beginning from June 27th to August 6th," said LOTS Wholesale Solutions Managing Director Tanit Chearavanont on Tuesday.
"With this campaign, one-year-old company having its head office in Gurgaon, aims to drive loyalty within its members by giving multiple offers along with competitive pricing and year round availability. With this, our members will be able to generate more profitability year on year. Such a robust and unique anniversary programme will certainly excite its current base and at the same time attract new membership requests," he added.
As part of this campaign, LOTS has planned exciting deals for its business customers including lucky draws, vouchers, instant discounts, hampers, cash prizes, brand merchandise and more.
The brand currently operates through 3 stores located in Netaji Subhash Place, Akshardham and Noida Sector 62. The three stores, opened within a span of six months of operations, cater to more than 1,40,000 registered customers in Delhi NCR.
LOTS Wholesale Solutions is 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. (UNI)