Lotus's (formerly known as Lotus Supercenter, Tesco Lotus Supercenter and Tesco Lotus) is a retail chain in Thailand founded and operated by Charoen Pokphand (CP) Group, with operations in Malaysia following the acquisition of Tesco Malaysia in 2020.
Description
In 1994, the Charoen Pokphand (CP) Group established the Lotus Supercenter chain, opening its first outlet at Seacon Square. In 1998, British supermarket chain Tesco acquired a stake of the Lotus Supercenter chain to form "Tesco Lotus". CP Group sold most of its remaining shares of Tesco Lotus in 2003.
Tesco Lotus stores currently operate in five formats: Extra, Hypermarket, Department Store, Talad, and Express. Extra, Hypermarket, and Department store formats sell fresh food, prepared foods, and grocery offerings as well as a non-food offerings including electrical appliances, apparel, toys, stationery, and household goods. Talad ('market') is a "supermarket format" selling mainly groceries. Express is a convenience "mini-supermarket" format. Many of the products on the shelf are Tesco house brand products.
The bigger stores are often set in malls and have food courts and many other shops and stalls available as well as large car parks. Tesco Lotus also offers a range of retail and financial services including bill payment, personal loans (Tesco Premier), a Tesco Visa credit card, and a Tesco insurance broker.