Sri Lanka’s Softlogic opens supermarkets in hospitals chain
ECONOMYNEXT – Sri Lanka’s Softlogic Holdings said it is opening ‘mini format’ Glomark supermarkets in its hospitals chain to make best use of links between group units and larger format outlets in densely populated suburbs.
Two ‘Glomark Essentials’ outlets have been opened at Asiri Central Hospitals in Colombo and Asiri Hospital in Kandy in the central hills, a statement said.
The strategy to have the big format Softlogic Glomark along with the new mini format Glomark Essentials is part of Softlogic’s plans for rapid expansion and growth of the brand.
The supermarket chain was launched by Softlogic Supermarkets Pvt Ltd, a subsidiary of Softlogic Retail (Pvt) Ltd, under the ultimate parent group, Softlogic Holdings PLC.
Ashok Pathirage, chairman of Softlogic Holdings, said the smaller outlets enables shoppers to get daily essentials within the environs of the Asiri Central Hospitals in Colombo and Asiri Hospital Kandy, “also optimizing group synergies.”
Another smaller outlet will be opened in June this year at Orion City, an IT business park, which will be followed up by the multiple large format outlets in the suburbs of Kottawa, Mount Lavinia and other ‘consumer-dense’ cities, he said.
(COLOMBO, April 05, 2019-SB)