Tesco changes name to Lotus’s in Malaysia and Thailand

Date : 17 February 2021

Soo-Eng Tan

Senior Retail Analyst

Charoen Pokphand Group, which acquired Tesco’s stores in Thailand and Malaysia, has introduced a new logo and name. From Lotus supermarket to Tesco Lotus and back to Lotus’s CP Group ran into financial challenges in 1998 during the Asian financial crisis and sold 75% of its stake in Lotus…
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