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LOTS Wholesale Solutions

Retailers hopeful of achieving ~85% pre-COVID sales by June 2021

With an epic battle of billionaires for supremacy in one of the world's most prolific markets and a pandemic-propelled surge in online shopping in the background, India's nearly trillion-dollar retail market is hoping to touch 85 per cent of...

Momentum in online, app-based sales to stay for retailers

Many large brick-and-mortar retail chains that switched to online during the lockdown have reported spike in sales from digital channels, and expect the momentum to continue as consumers prefer to order digitally despite restrictions are being eased. According to a...

Consumers footfall increase, average basket value goes up at retail stores in lockdown 3.0

Leading retailers have witnessed an increase in number of footfalls along with a ‘significant’ jump in average purchase value in the third phase of the lockdown. According to industry players such as Metro Cash & Carry, Lots Wholesale Solutions,...

LOTS supports kiranas, distributes ‘LOTS of Care Kits’ to ensure safety at shops

In the wake of the coronavirus pandemic, LOTS Wholesale Solutions, a part of the US$ 65 billion Charoen Pokphand Group and a wholly-owned subsidiary of Siam Makro Public Company Limited, committed to serving its members and the community, has...

Lockdown 2.0: Consumers’ focus shifts to packaged, high-value food items

The second phase of the coronavirus lockdown saw a considerable shift in buying patterns of consumers from basic necessities to high-value items like snacks, processed food, packaged meat and frozen desserts, retailers said. According to a PTI report: Retailers such...

Post lockdown, online-to-offline strategy to get prominence in retail industry: LOTS Wholesale

More and more retailers will be bound to cling to e-commerce platforms and mobile apps as the prevailing situation amid coronavirus lockdown is expected to lead to shift in consumer behaviour, according to LOTS Wholesale Solutions. According to a PTI...

Anticipated lockdown extension, adequate stock in place, say retailers

Retailers on Tuesday assured there is enough inventory to meet the demand during the extended lockdown period, stating they had stocked up in anticipation of such a move from the government to curb the spread of coronavirus pandemic. According to...

LOTS Wholesale Solutions to open 12 new stores; invest over Rs 1,000 crore

LOTS Wholesale Solutions, part of the US$ 50 billion Charoen Pokphand Group (CP Group) and a wholly owned subsidiary of Siam Makro Public Company Limited from Thailand – which runs and manages 113 Makro Cash and Carry stores, 8...

Humans & Technology: Revolutionising Retail, Influencing Consumption & Driving the Change Together

Technology has revolutionised retail in the last decade or so. It is influencing retail consumption like never before and is driving the change to make the shopping experience faster, more convenient, transparent and reliable. Humanoid Intelligence, Artificial intelligence, Bots,...

Budget 2019: Progressive, consumer-facing Budget, says India Inc

Keeping an eye on the upcoming Lok Sabha elections, Finance Minister Piyush Goyal today presented the Narendra Modi government's sixth and final budget before the polls. Highlighting the key initiatives of the government in the past four and half year, Finance...
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Madras Mandi to open 20 new stores in Chennai

It is aiming for a presence in every neighbourhood and eventually expanding to tier 2 cities in the SouthBengaluru:...
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