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Feb 15, 2021 · Tesco Stores (Malaysia) Sdn Bhd, which operates around 60 Tesco and Tesco Extra stores nationwide has officially changed its name to Lotuss Stores Malaysia Sdn Bhd.
Feb 15, 2021 · Why is Tesco Malaysia changing its name? Previously known as Tesco Stores (Malaysia) Sdn Bhd, the company sold its businesses in Thailand and Malaysia to Thailand’s CP Group entities. The Malaysia Trade Competition Commission (MTCC) approved Charoen Pokphand’s (CP) acquisition of Tesco Lotus in Malaysia in November 2020.
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Tesco is a household name in Malaysia, one of the biggest supermarkets in the world and the country with over 59 branches around peninsular Malaysia in KL, Selangor, Johor, Penang, Negeri Sembilan, Perak, Kedah, Malacca, and Kelantan; and thousands of stores worldwide.
Apr 1, 2021 · As for the specialty Tesco products which are imported from the UK (rather than being manufactured locally and packaged with store branding), Kenneth explained that Lotus’s will be partnering with Tesco to continue bringing those imported goods to Malaysia.
Feb 16, 2021 · Tesco renamed as Lotus’s after 2020 acquisition by CP Group. Tesco made the official announcement yesterday of renaming its stores as Lotuss Stores or Lotus’s Malaysia after customers noticed signs and notices of rebranding throughout its stores.
