Lotus’s Ramintra store is the first large format store to have undergone a transformation throughout the entire space.
Charoen Pokphand Group, the country’s biggest agribusiness conglomerate, has dropped the Tesco brand in Thailand after the completion of a US$10.6 billion-baht purchase deal.
The change in brand marks the end of a 23-year presence of the British hypermarket chain in Thailand where it became a household brand with over 2,000 locations across the country. Of the total store locations, 400 are hypermarkets and Talad Lotus while the remaining 1,600 are mini-supermarkets.
On Monday, the CP Group presented a completely new store brand and uniform new brand name to…
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