Tag Archives: Tesco

Tesco Stores In Malaysia Are Now Lotuss Stores!

Tesco Stores In Malaysia Are Now Lotus’s Malaysia Stores!

This is officially the end for Tesco Stores in Malaysia – they are henceforth known as Lotus’s Stores!

 

Tesco Stores In Malaysia Are Now Lotus’s Stores!

On 15 February 2021, Tesco Malaysia announced that their stores will henceforth be known as Lotus’s Stores.

This is the end of an era – Tesco Malaysia is no more after just under 19 years in operation, with 49 stores.

The first Tesco Malaysia store opened in Puchong, Selangor in May 2002. And in 2007, Tesco even bought over Makro, which was rebranded as Tesco Extra.

Even though their store fronts have not been updated, their receipts were changed today to state :

LOTUSS STORES (MALAYSIA) SDN BHD
(Formerly Known As TESCO STORES (MALAYSIA) SDN BHD)
(Reg No. 200001018812 (521419-K))

The rebranding exercise is expected to be completed by the end of 2021.

 

Tesco Malaysia / Lotus’s Malaysia : Official Statement

Tesco Malaysia also updated their description, noting the change in name and management :

Lotuss Stores Malaysia Sdn. Bhd. (Registration No. 200001018812 (521419-K)) (formerly known as Tesco Stores (Malaysia) Sdn. Bhd.) is a member of the Charoen Pokphand Group Co., Ltd (C.P. Group) since December 2020. The C.P. Group is a multinational conglomerate, operating across various industries ranging from agricultural, industrial to service sectors. C.P. Group currently has investments in 21 countries and economies.

Having acquired Tesco Malaysia’s business in December 2020, Lotus’s Malaysia has now assumed the operations of all existing Tesco stores, employing over 8,600 employees across one head office, two distribution centres, and 62 stores throughout Peninsular Malaysia. It also has Malaysia’s most extensive online grocery home shopping network with over 100 delivery trucks and operations in Penang, Johor Bahru, Melaka, Negeri Sembilan, and Ipoh. Lotus’s Malaysia expects to complete its rebranding exercise by end 2021.

 

Tesco Stores In Malaysia + Thailand : Sold To CPRD In 2020

On 9 March 2020, Tesco PLC agreed to sell Tesco Stores in Malaysia and Thailand to C.P. Retail Development Company Limited (CPRD) of Thailand for US$10.6 billion, including debt.

This was finalised on 9 December 2020, after formal approval by the OTCC in Thailand and the earlier approval by the Malaysia Ministry of Domestic Trade and Consumer Affairs on 10 November 2020.

At that time, Tesco Group CEO, Ken Murphy said,

“I would like to thank all our colleagues in Asia for their hard work and dedication to our customers over many years. They have built a very strong business. I’m confident that the agreement with CP Group will ensure that they are well setup for continued success. This sale allows us to focus on our businesses across Europe and to continue delivering for customers, make a significant contribution to our pension deficit and return value to shareholders.”

 

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Tesco New Year Scam Alert : Do NOT Click / Forward!

Now that the New Year is almost here, the Tesco New Year Scam is going viral on WhatsApp!

Do NOT click on the message if you receive it. Do NOT forward it either!

Just delete it, and WARN YOUR FAMILY AND FRIENDS!

 

Tesco New Year Scam Alert : Do NOT Click / Forward!

People are sharing this Tesco New Year promotion that claims to offer a gift card valued up to RM1000, but it is really nothing more than a SCAM!

Please do NOT click on the message, or forward it to anyone. Just delete it and warn your family and friends!

 

Why This Tesco New Year Offer Is Just A Scam

Let us show you why this Tesco New Year gift card offer (and similar offers) is just a scam.

If you spot any of these warning signs, BACK OFF and DO NOT PROCEED!

Warning Sign #1 : Bad Grammar

Most of these Tesco gift card scams have bad grammar (example #1, example #2), which is a big clue that this isn’t a genuine Tesco offer.

In this example, they capitalised TESCO and use the grammatically incorrect “win up to RM1000 Tesco Gift Card!

Warning Sign #2 : Offering You Free Money Or Gifts

Please do NOT be naive. Nothing is FREE in this world, much less a RM1000 gift card.

Tesco isn’t going to give you FREE money, just because it’s the new year, or their anniversary.

They are a corporation whose business is to make money, not a charity to give you free money.

Warning Sign #3 : Not Using The Real Tesco Domain

A genuine Tesco Malaysia campaign would use the real Tesco Malaysia domain – www.tesco.com.my.

Or they would run it off the official Tesco Malaysia page on Facebook – www.facebook.com/TescoMY.

This scam is using a BlogSpot.com domain – which is not something any genuine company would do.

Warning Sign #4 : Asking You To Forward The Offer

No brand will insist that you must share the offer with 5 groups or 20 friends on WhatsApp.

Do not click to forward their offer to your family and friends. They will not appreciate being scammed with your help!

Warning Sign #5 : Asking You To Download + Register An App

If you click through and joined the fake survey scam, you will eventually be asked to download and register for an app.

That is VERY DANGEROUS. Never agree to download and register for any unknown app from a website.

Always download your apps from an official App Store like Google Play Store (for Android smartphones) and Apple App Store (for iPhones).

 

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