Lanka Sathosa to Open its Largest Premium Outlet in Ja Ela
December, 30, 2020
Lanka Sathosa Limited Chairman Dr. Nushad M. Perera noted that the country’s largest retail network business was gearing up to unveil a 8,000 sq. ft. premium Sathosa supermarket in Ja Ela in January 2021. The store is housed in the former Rathnavali Cinema premises on Negombo Road and, once launched, would be the largest Sathosa outlet in the country.
Nushad added that the outlet is set to serve as a one stop shop for consumers in the area, offering them the complete shopping experience with an even wider selection of products as well as a pharmacy, bakery, juice bar and a premium liquor section.
Lanka Sathosa to augment distribution capabilities with new warehouse in Anuradhapura
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Sri Lanka : Lanka Sathosa delivers strong revenue growth while continuing to offer lowest prices
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Lanka Sathosa posts Rs. 100 mn profit in October Daily News (via HT Media Ltd.)
Lanka Sathosa Limited, the country’s largest retail network business, registered a profit of around Rs.100 million for the month of October 2020.
Speaking about this outstanding achievement, Lanka Sathosa Limited Chairman Dr. Nushad M. Perera noted that the retailer organization had managed to grow its revenue during a challenging year while continuing to offer the lowest prices to consumers.
Perera said that this was made possible by the visionary leadership of Lanka Sathosa’s Board of Directors and the commitment and relentless efforts of the extended team who worked tirelessly to boost operating efficiencies, streamline logistics and ensure product availability despite the challenges brought about by the global pandemic.
Highland rises as highest selling full cream milk powder at Sathosa outlets
Lanka Sathosa, the country’s largest retail network business, and MILCO, one of the country’s largest dairy companies, announced that they had successfully propelled Highland to rise above the competition and emerge as the highest selling full cream milk powder at Sathosa.
Working together, the two State sector entities strived relentlessly to promote home grown brand Highland’s locally manufactured full cream milk powder to consumers across 420 Sathosa outlets around the island.
Thanks to the combined efforts of the two organisations, Highland now accounts for one in every three packets of full cream milk powder sold on average at Sathosa outlets, rising from a basket share of less than 15% about a year ago.