Retail in Asia

In Sectors

Thailand’s Lotus to open 1st standard supermarket in China

As it hired Ed Chan, the former president of Wal-Mart China, Chai Tai Group continued to push forward the development of its retail business Lotus in multiple formats.

Lotus opened its first standard supermarket in China after its moves in shopping centre, premium supermarket and express store. The new store was located in Shanghai and it marked the Thailand’s biggest retailer’s entry into standard supermarket sector, which was dominated by its Chinese rivals.

(Source: CCFA)