Fifty new Lanka Sathosa outlets to be opened on March 28March 20, 2017, 7:48 pm
Creating history in Sri Lanka’s FMCG retail market, the country’s state owned large scale retail network will shift its expansion gears to high speed on 28 March-and the race starts with the largest number of openings of Lanka Sathosa brand outlets across Sri Lankan market within a 24 hour short period, as announced yesterday.
"I am pleased to announce that on March 28, 50 new and fully equipped Lanka Sathosa outlets across Sri Lanka will be opened by President Maithripala Sirisena and Prime Minister Ranil Wickremesinghe" said Minister of Industry and Commerce Rishad Bathiudeen.
Minister Bathiudeen was addressing the Cooperatives Provincial Ministers’ Summit by his Ministry at BMICH yesterday joined by many provincial cooperative ministers.
"When I took over Lanka Sathosa was faced with issues of lack of computerization, and non- availability of latest stock updates for top managers.
Accounts too were lagging. As a result we started restructuring work within the system with consultancy by the international firm KPMG. Now we come to final phase of island-wide Lanka Sathosa network computerization and by July 2017, it will be complete. An ERP system will run on this" said Minister Bathiudeen and added: "Most importantly, we have decided to speed up Sathosa network expansion. I am pleased to announce that on March 28, 50 new and fully equipped Lanka Sathosa outlets across Sri Lanka will be opened simultaneously and jointly by President Maithripala Sirisena and Prime Minister Ranil Wickremesinghe, for which I thank them both.
Last Updated Mar 25 2017 | 04:49 pm