Thailand’s Tesco Lotus Supermarket Mulls Entering Cambodia Market

• 10 September 2021
• Local News
• 4212 Views

Thailand’s Tesco Lotus has expressed interest in opening its first store in Cambodia, while the company is currently looking for a plot of land in Phnom Penh to build the mall, according to the Cambodian Business Council in Thailand.

The plan to enter Cambodia is after seeing the success of other Thai retails in Cambodia, such as Makro, Big C, and 7-Eleven.

Tesco Lotus is owned by CP Group, with over 2,000 branches opened in Thailand. The supermarket was renamed to Lotus’s in 2020.

Lotus’s is strategically placed on the edge of the city to fetch customers as better transport facilities are available.

However, to date, Lotus’s or CP Group has not yet confirmed the detailed plan.

• Business and Market