Store area of LOTUS will cut back to 5000 sqm and the online sales account for 30%

Release time:2020-04-29

Browse times:632

LOTUS intends to make changes in terms of online, offline, organizational structure. Reducing its operating area, focusing on the standard supermarket with enhanced fresh food and community store formats, positioning “store and warehouse integration" to boost the online business and setting up project-based partnership mode.

 

With which suggests that Lotus is optimistic about the trend of fresh products, to take the advantages of traditional retailers’ supply chains and stores to link up with the drainage and performance capabilities of the home delivery platform, to achieve revenue growth from online end with “Shop and warehouse integration "mode.


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