Tesco Lotus opens 2,000th store

Date : 10 September 2018

Tesco Lotus has opened its 2,000th store in Thailand on Bangkruay-Sainoi Road. 

Expansion plan on track

The retailer committed to adding about 55,000 sq m of retail space in 2018. It has opened 45 stores so far: six hypermarkets, one department store, one talad store and 37 Tesco Express stores. Sompong Rungnirattisai, CEO of Tesco Lotus, is optimistic about the Thai economy and believes it will strengthen further. "We have seen an improving economy this year with the highest ever consumer confidence in July compared with the past few years. We expect the overall economy in the second of this year will be even better," said Sompong.

New store designed for modern shoppers

The Bangkruay-Sainoi store is the largest hypermarket opened in four years. The hypermarket takes up 5,000 sq m while the rest of the shopping mall takes up 17,000 sq m. Index Living Mall and Mr DIY are major anchor tenants.

Key features of the hypermarket:

  • Scan As You Shop technology introduced for a fun and convenient shopping experience
  • QR code payment available at all cashiers for cashless payments
  • First "green lane" which is an express checkout for customers who do not require plastic bags

"The Tesco Lotus Bangkruay-Sainoi store offers several services designed specifically with the 4.0 era customers in mind," Sompong said. There is free wifi throughout the mall. The shopping mall also has a 1.2km cycling lane, a multi-purpose park and a recycling centre to help shoppers recycle paper, plastic and electronic waste. 

Follow us on twitter @igdAsia and sign up for our free newsletters here.



Webinar: Asia’s largest online markets in 2022


Join our webinar on 2 October and discover which markets hold the most potential for online grocery retailing.

Register here »