Rishad to expand Lak Sathosa reach to 500 outlets by next year

First Lak Sathosa opened in Batti District

The first-ever Lak Sathosa to open in the Batticaloa District has netted almost Rs. 400,000 on its opening day.

“We are now ready to open 189 new Lak Sathosa branches in the next 10 months,” said Minister of Industry and Commerce Rishad Bathiudeen on 28 February in Batticaloa.

Lak Sathosa Chairman Dr. Rohantha Athukorala (left) and Minister of Industry and Commerce Rishad Bathiudeen (third from left) at the opening of the 317th Lak Sathosa branch in Batticaloa on 28 February

Bathiudeen was speaking at the opening of the 317th Lak Sathosa branch – and the first branch in Batticaloa District – at Kalawanchikudi on 28 February. Sources said the 317th Lak Sathosa, under Ministry of Industry and Commerce, has earned almost Rs. 400,000 on the first day of its operations.

“Sathosa is still the main retail giant of Sri Lanka and closest to the consumers,” said Bathiudeen. “The Unity Government of President Maithripala Sirisena and Prime Minister Ranil Wickremesinghe aims to better the lives of Sri Lankan consumers. As part of this, we are now ready to open 189 new Lak Sathosa branches in the next 10 months. This will bring the total Lak Sathosa network to 500 by 2017. We are increasing the network to give an efficient service to Lak Sathosa consumers. To make the network efficient, we are also planning to computerise the entire network. We are also planning to give enhanced services to Government servants through Sathosa.”