December 12, 2023
Image-01-LBN-1.jpeg

4min

 


 

 

12th of December 2023. Colombo, Sri Lanka: As a revolutionary modern trade retailer in the Market, Softlogic GLOMARK expands its presence even further in the Sri Lankan Modern trade sphere with another one-of-a-kind GLOBAL Supermarket experience in Wattala. GLOMARK Wattala was ceremoniously opened at No. 549, Hendala Road, Wattala, providing an international shopping experience with its access to a wide selection of products sourced from local and international markets coupled with excellent customer service.

‘Bakes Kitchen’ an exclusive dining area and restaurant further adds to the experience of shoppers. The launch of GLOMARK Wattala effectively makes it the 15th outlet under the GLOMARK banner. It is conveniently located minutes away from the Wattala Town on Hendala road, within a highly residential vicinity.

Commenting on the Wattala outlet opening Mr. Ashok Pathirage – Chairman, Softlogic Holdings PLC, said, “The expansion of GLOMARK to Wattala with over 15,000 square foot retail dynasty is an exciting event where we take the globally inspirational supermarket experience to a large, far more diverse Sri Lankan supermarket shopper, that cuts across multiple social strata, not only because of the geography, but also because of the socio-economic importance the area symbolises. The customer experience will further be enhanced by the inclusion of a fully-fledged Consumer Electronics range powered by Softlogic MAX, a masterpiece selection of furniture by Softlogic Furniture and a unique bakery range and a one-of-a-kind hot food variety with a fusion twist.  It extends GLOMARK’s current existence on the Negombo road to 3 outlets, along with the very successful stores in Negombo & Kandana.

GLOMARK offers a wide range of items and the best in technology for an unparalleled consumer experience. The modern trade venture by Softlogic stocks the widest selection, sourced from around the world, delivering freshness and high quality for a one-of-a-kind experience. Customers can also access their retail services via www.glomark.lk with the capability of getting doorstep delivery to Colombo and key suburbs, including Wattala.

Softlogic has already established its pioneering leadership as a retail giant, leading the consumer electronics and apparel segments and innovating in the restaurant and food business, through partnering with global brands. Softlogic Holdings PLC is one of Sri Lanka’s largest diversified conglomerates with leading market positions in growing economic sectors in retail, healthcare, financial services, leisure and automobiles. Softlogic holds Authorized Distributorships for key global brands and today, employs over 10,000 people in its offices located in Sri Lanka and Australia.

 


 

 


August 2, 2023
Softlogic-Image-LBN.jpg

5min

 


 

 

LankaPay was established in 2002, under the guidance and supervision of the Central Bank of Sri Lanka as the national payment network. Owned by the Central Bank and all licensed commercial banks in the country, LankaPay is regarded as one of the most successful Public Private Partnerships (PPP) in the region.

With the ever increasing demand for digital payments, LankaPay continues to upgrade its  infrastructure as a part of the company’s ongoing technology transformation journey.

Speaking of the upgrade and migration to a hyper convergent infrastructure, Mr. Dilantha Samarasinghe, AGM – IT of LankaPay stated “upgrading the Common Card and Payment System (CCAPS) to cater to the growing demand and capacity building is high on our agenda. As the operator of the national payment switch, we wish to lead the industry in adopting the latest technologies and the recent infrastructure modernization where we transferred data center infrastructure to a modern Software Defined Data Center (SDDC) architecture to ensure that the data center infrastructure provides the agility and scalability is one such noteworthy initiative. The new environment provides us with greater agility with few significant exceptions to the traditional data centers, most notably through the use of virtualization, abstraction, resource pooling, and automation. Softlogic Information Technologies delivered a flawless upgrade and data migration from traditional Virtualized infrastructure to a Hyperconverged infrastructure at our Disaster Recovery Site with a minimum downtime which is indeed commendable. The new VM ware infrastructure has offered us with unprecedented scalability and much needed agility to cater to the growing demands and smoother migration enabled us to minimize interruptions to our services which is critical to our operations.”

Roshan Rassool – Director/ CEO of Softlogic Information Technologies, shared his thoughts: “Architecting and implementing a highly Agile and  secure data center is central to LankaPay’s strategy in expanding the digital economy of Sri Lanka. The successful development of the LankPay software defined data centre (SDDC) is a monumental achievement for us. SDDC is the next generation of technology in data centers’ and provides key benefits where you can dramatically reduce the time to provision new resources and be vendor independent. It no longer takes days or weeks to set up a new physical server, provide more storage capacity to an application or modify physical networking. We are truly amazed in the way LankaPay has embraced the new technology and we thank them for providing us the opportunity to be part of their digital journey“

Softlogic Information technologies Pvt Ltd’s (SITL) successful completion of the LankaPay data centre is attributed to the 30 years of experience and sustained success in catering to the highly demanding technology market both locally and internationally, and its uncompromising dedication to the growth of Sri Lanka’s ICT sector. SITL today is a leader in data center implementations and virtualization platforms in Sri Lanka.  Many banks, financial institutions, manufacturing enterprises & large/mid-size corporates work with SITL to ensure that their data center solutions are securely implemented according to industry best practices. At present SITL hold the Titanium partner status for Dell and also hold the principal partner status for VMware.  SITL is also a strong player in the cyber security business in Sri Lanka.

 



 

 

 


March 1, 2023
Dihan.jpg

6min

 



 

 

  • The industry leader with 5,000+ new investors introduced to the CSE via digital platforms
  • Completely seamless trading experience via mobile phone or device
  • Account Opening time cut down from 24-48 hours to under an hour

Colombo, 24th February 2023: Softlogic Stockbrokers, the full-service brokerage arm of Sri Lanka’s trusted financial partner, Softlogic Capital PLC, recently made waves in the financial services sector by introducing an industry-first digital solution for new investors joining the Colombo Stock Exchange. Through this innovation, new investors have the ability to open their Central Depository System (CDS) accounts on the CSE, in under an hour, shattering the 24-48 hour account opening timeline practiced in the industry. The innovation comes on the back of Softlogic being the first in Sri Lanka to onboard over 5,000+ clients through a 100% digital process, placing the company on the path for explosive growth.

Deployed in November 2022, the online platform is the first of its kind, and propels the Sri Lankan stock market forward by offering a seamless digital service for prospective investors to invest in the CSE with greater ease. The online platform is user-friendly and intuitive, making the account opening experience convenient, faster and more efficient.

Mr. Dihan Dedigama, Director/Chief Executive Officer, Softlogic Stockbrokers (Pvt) Ltd stated, “We are excited to launch a digital platform which makes investing in the CSE accessible to anyone from anywhere at anytime. Our teams have worked hard to develop this solution, and we are proud to be the first stockbroker company in Sri Lanka to offer this service.

Being the first to open 5,000 accounts digitally, we have been at the forefront of technological innovation and the online platform clearly displays our commitment to adapt, whilst providing our clients with the best possible trading experience. We look forward to continuously drive innovation and lead with novel solutions which will transform Sri Lanka’s capital market making it accessible in all parts of the country without the requirement for brick and mortar infrastructure.”

Over the past decade, Softlogic Stockbrokers has grown from servicing a handful of retail and institutional investors in their investments in stocks to supporting thousands of local and international clients to expand their wealth. The company is also home to a dedicated research team that is constantly studying the volatile market situations to produce market insights supporting their clients in making best financial decisions. This is achieved via collection of regular market and economic updates, investment ideas via social media platforms which includes WhatsApp updates, audio reports, webinars and in-depth research reports identifying new investment opportunities.

Mr. Iftikar Ahamed, Executive Director, Softlogic Stockbrokers (Pvt) Ltd added, “This solution was born out of a desire to digitize the elaborate financial system and encourage more Sri Lankans to begin investing in the stock market. Like most other sectors, it is vital that the finance industry is equipped to meet the dynamic needs and expectations of modern investors, especially in terms of convenience and time-efficiency. Customers today need quick and easy solutions, and that’s exactly what our online account opening system provides. We believe that this innovative offering will open the stock market to a whole new segment of prospective investors.”

Portraying the Company’s domain of expertise in research, Softlogic Stockbrokers was also recently recognized at the ‘CFA Capital Market Awards 2021’ for the best equity research report in Sri Lanka.

In addition to conducting media talk shows, offering trilingual investment advisories, public discussions with regulators and organizing local investor education forums in partnership with the Colombo Stock Exchange, the novel CDS account opening online platform will bring in new investors – positioning Softlogic Stockbrokers ahead of the curve once again.

 



 

 


February 7, 2023
SB-LBN.jpg

4min

 



 

 

Samsung Research America’s Audio Lab recently revealed that it has been working towards its mandate of ‘taking Samsung’s audio technology to the top of the industry’ since its foundation. From making improvements in the pure audio sphere to building leadership in advancing TV sound technology, the Audio Lab has surprised the entire industry with innovative solutions including the Q-Symphony and OTS (Object Tracking Sound) technologies.

The release of its latest Ultra Slim Soundbars for Samsung’s QLED TV line-up is already causing waves among the Samsung community.

Immersion is a topical subject in soundbar development, with the inclusion of more advanced audio technologies such as Dolby Atmos in home audio. Soundbars have also naturally followed the TV design trend with the intent of blending into the home décor with a sleek and discreet build. Though, despite these new slim designs, sound quality and immersion yet remain at the heart of Samsung soundbar development.

Samsung works closely with their skilled listeners in various and rigorous listening tests where they give their opinion on products including the comparison between their previous models as running listening tests is crucial to ensure the quality of products.

The design process of Samsung sound bars combines all aspects of recent trends into one product. Samsung aims to develop soundbars that blend seamlessly with discreet screens such as the Neo QLED 8K, which challenged them when it came to customization and optimization due to its slim design.

Most soundbars in the market that are designed to be slim or small typically have a weaker integration of the subwoofer to the soundbar. The result is a colored sound, especially when it comes to voices. The challenge was to avoid this effect and to ensure that voices are maintained in the center of the sound field. This required custom soundbar transducers and a design capable of low crossover frequency to the subwoofer.

Samsung’s latest soundbar line-up comes with Wireless Dolby Atmos connectivity, a wireless Smart TV-to-soundbar connection in which both the screen and soundbar speakers deliver an incredible audio experience with no distracting cables. It allows for smoother on-wall mounting setups by minimizing the number of visible cables.

In the 2022 TV models, Q-Symphony combined the power of the top speakers and the soundbar. The new Q-Symphony enhances the surround sound and feeling of immersion through channel separation technology. This enables the soundbar and TV speakers to work together with all the speakers on the TVs, including the top, bottom and side speakers, providing for an expansive, powerful soundscape.

The Samsung soundbar range is available for purchase at Samsung authorized distributors; John Keells Office Automation (JKOA), Softlogic, Singer and Singhagiri.

 



 

 


January 12, 2023
samsung-electronics-vector-logo.jpg

4min

 



 

 

Samsung Electronics have developed their accessibility technologies with the goal of ensuring that anyone and everyone can easily connect with the world via their TVs, and have been delivering the results to users around the world since 2014.

Let’s highlight the company’s ongoing efforts towards innovation for improved TV accessibility.

To disallow captions from cutting off the content from your screen, Samsung has introduced Auto Caption Position. It allows captions to be placed in areas that do not overlap with text on the screen using video analysis.

Sign Language in TV Menus is another innovation the lineup offers. An avatar will appear at the bottom of the screen and guide you through the TV menu in sign language.

Samsung is committed to revolutionizing technology and enabling access for all, ensuring Samsung products and services can effortlessly be used by people with disabilities. They are tapping the infinite power and potential of its technology to design features and functionalities that provide a greater user experience and enrich people’s lives, regardless of their capabilities.

Samsung has long championed inclusive technological innovation for all. In fact, Samsung products and services are built around a human-centered philosophy that recognizes diversity and embraces differences. Among Samsung’s latest accessible innovations are:

The SeeColors app helps those with sight challenges better view billions of colors. The app is designed to help those with Color Vision Deficiency (CVD) – which affects approximately 300 million people worldwide – adjust the color settings on their Samsung QLED TVs to meet their individual needs. In partnership with scientists at the Budapest University of Technology and Economics, Samsung has adopted the Colorlite® Test, or C-test, within the SeeColors app to recognize a user’s CVD levels and then automatically optimize their viewing experience.

Available across Samsung’s 2021 product range of Neo QLED TVs, Samsung’s Sign Language Zoom and Caption Moving features solve for hearing challenges. Sign Language Zoom automatically recognizes and magnifies the sign language area for the hearing-impaired by up to 200%. Users can specify a sign language area and adjust the magnification by zooming in on the area, as well as move the captions to avoid blocking the subtitle text.

Going forward, Samsung will continue to make accessibility a forethought within Samsung technology innovation. After all, there are no limits to the barriers that people can defy when technology reflects the diversity of all its users.

The Neo QLED 8K range is available to purchase at Samsung authorized distributors; Softlogic, Singer, Singhagiri and Damro.

 



 

 


December 22, 2022
1-LBN-6.jpg

5min

 



 

 

21st December 2022, Colombo: Softlogic Invest, the Asset Management arm of the Softlogic Group, clinched the prestigious Bronze award at the recently-concluded Dragons of Asia Awards 2022. Held in Malaysia, the awards ceremony bestowed Softlogic Invest with the coveted award for their ‘Born to an Investment’ campaign, making the company the only Investment brand in the whole of the APAC region to walk away with an award.

This accomplishment also makes Sri Lanka’s first youth-focused, 100% end-to-end digital investment brand (in the open-ended unit trust industry) stand out as the country’s first investment brand to receive a global commendation for its efforts in Marketing.

Ranked as one of the world’s 4th leading marketing award, and the number 1 in Asia, the Dragons of Asia sees the participation of some of the biggest global brands from Coca Cola, Procter & Gamble, Unilever, Subway, Pepsi etc to award the best results-driven marketing campaigns by brands across the Asia-Pacific region. Following a stringent evaluation process, all entries from 17 categories undergo four rounds of assessment conducted by four independent panels of judges. Subsequently, the three highest scoring entries from each category are rewarded Gold/Silver/Bronze Dragons, the Best Campaign in each country awarded Blue Dragons and the Best Campaign in Asia the ultimate Red Dragon.

Expressing her joy, Niloo Jayatilaka –Chief Executive Officer at Softlogic Invest, said, “As a young, home-grown company of just two years, this is a remarkable win for us as a company and Sri Lanka as a whole. This is a testament to our brand building strategy which boldly breaks through age-old thinking and processes making it accessible to the youth of Sri Lanka. Taking in learnings from our parent company the Softlogic Group, we are indeed very proud to be able to drive this industry forward by reaching a broader spectrum of investors. I want to also extend my utmost gratitude to our strategic partner, Loops Integrated, for their collective vision and dedication to the brand.

Softlogic Invest, despite being a young 2-year-old brand against all odds went onto win the Bronze award under the Best Brand Trial / Sales Generation Campaign category. Ideated and executed by Loops Integrated, the campaign encapsulates Softlogic Invests primary focus which is to inspire and empower a whole new generation of young investors to kick-start a plan towards realizing their dreams in life.

Commenting on the win was also the Chief Marketing Officer Kavi Rajapaksha “This is the first global metal award received for Softlogic Invest, and we are extremely proud of it. From being a brand launched amidst the height of a pandemic to being able to transform how people invest, we have been challenging the norm and that’s something we will certainly continue to do so as we go along. This is just the start, and we have so much more we can do in the world of investments and so much more we certainly hope to do”

Wasaam Ismail, Chief Executive Officer at Loops Integrated, said, “We are honored to be a part of Softlogic Invest’s marketing journey since its inception, and we are proud to be helping the brand reach its true potential through creative, result-oriented campaigns. Our team finds it gratifying to work with clients like Softlogic Invest, who don’t shy away from bold ideas and are open to co-creating

outside their comfort zone. Their unwavering faith makes our partnership a special one and we hope to continue working on unprecedented campaigns in the future.”

Now in its second year of operation, as at 2022 March Softlogic Invest has successfully managed to bring in 26% of all new accounts opened industrywide and is the 2nd highest contributor to the industry’s unitholder growth. Key partnerships with brands like Asiri Hospitals and Dialog Genie have been instrumental in this growth journey.

 



 

 


September 5, 2022
3-LBN-Fill.jpeg

4min

 



 

 

Colombo, Sri Lanka, September 2022 – Softlogic Holdings PLC announced the launch of its newest retail development – ‘ODEL Mall Kandy’, on September 2, 2022.

The 91,414 sq ft retail development is poised to be Kandy’s most sought-after state-of-the-art, premium lifestyle shopping destination situated at the heart of Sri Lanka’s hill capital.

Located at No. 377, Sirimavo Bandaranaike Mawatha, Peradeniya Road, Kandy, the retail development will house a premium collection of Softlogic’s most celebrated brands such as ODEL (the largest fashion retailer in Sri Lanka, that hosts an array of world renowned international fashion, jewellery, skincare and lifestyle brands); Baskin Robbins (the world’s largest chain of specialty ice cream operating over 5,000 parlours in 50+ countries); GLOMARK (Sri Lanka’s first inspirational global market which aims at revolutionising the country’s modern retail trade landscape; and POPEYES (one of the world’s leading fast-food chains)

The retail mall will in-turn launch two fast-popular brands, for the first time in Kandy – GLOMARK – which houses the widest selection of items sourced across the globe and uses the best of modern storage facilities, design and upgraded technology for a superlative consumer experience; and POPEYE’s – known for its signature slow cook method where fresh, locally sourced, chicken is marinated for 12 hours with a rich blend of proprietary seasoning and spices, and thereafter hand battered and breaded to produce chicken that is juicy on the inside while retaining a crispier crust on the outside, transporting customer taste buds to the wholesome goodness of Louisiana.

Commenting on the announcement, Chairman, Softlogic Holdings PLC – Ashok Pathirage stated: “We are pleased to announce the launch of ODEL Mall Kandy, which has been met with much excitement and support by the local community within Kandy and Kurunegala. Through the introduction of the mall, we look to enhance the retail and entertainment experiences available to both residents and tourists of this sacred and famous city.”

Aimed at providing its customers with access to fashion brands, food outlets, and a range of frozen confectionery, as well as the convenience of access to essential daily goods, the mall houses a multi-parking facility for approximately 200 vehicles.

Phase two of the mall will see the addition of a Softlogic Max (housing world-class consumer electronics and furniture), a multiplex cinema and additional global fashion brands and local merchants.

 



 

 

 


August 22, 2022
Walton-LBN-Fill.png

5min

 



 

 

Softlogic Retail Pvt Ltd, a fully owned subsidiary of Softlogic Holdings PLC and one of Sri Lanka’s leading consumer electronics and furniture retail networks recently partnered with world renowned multinational consumer electronics brand Walton to introduce the Walton brand of TVs to the Sri Lankan market.

Walton is a leading electronics brand which is available in more than 40 international markets covering Europe, Asia, the Middle East and Africa. Launching the brand in Sri Lanka is one of Walton’s milestones towards achieving their vision of “Go Global 2030” and becoming one of the best electronics brands by 2030. In the initial phase Softlogic plans to introduce the Walton 32-inch LED TV targeted toward the mass market segment where there is expected to be a strong demand. This would soon be followed with the larger screen LED TVs. The Walton 32-inch LED TV comes with High Definition (HD) Technology which gives high quality picture experience to viewers together with the new trendy narrow bezel design which adds a cosmetic appearance to the product. The product will be made available in over 200 Softlogic and Softlogic Max Showrooms located Island wide and also on www.mysoftlogic.lk, Softlogic’s e-commerce store. While offering the most affordable 32” LED TV in the market, Softlogic Retail has a host of attractive in-store payment plans; such as 0% interest-free instalment schemes on leading credit cards for up to 60 months, as well as up to 12-months interest-free hire purchase payment plans under Softlogic’s popular ‘Poli Free Hithata Free’ scheme

Softlogic is a local powerhouse in the Consumer Electronics and Furniture space offering a diverse range of popular leading international brands which include state-of-the-art TVs, Home Theatre Systems, Audio Systems, Refrigerators, Washing Machines, Air Conditioners, Laptops, Mobile Phones, Kitchen Appliances, Fitness equipment from some of the World’s Most Loved Brands and a wide range of furniture under its own brand, Softlogic Furniture. Walton will be the newest addition to its world-renowned brand portfolio.

Walton Global Business Division’s President Mr. Edward Kim said, “We are moving ahead with a vision of becoming a global leader in the electronics industry. To reach this vision, Walton emphasizes on expanding its brand presence in the global market. And thus, Walton is going to start its TV export to Sri Lanka under its own brand logo.”

Speaking with the Chief Executive Officer of Softlogic Retail (Pvt) Ltd, Mr. Mohammed Rizvi had this to say, “Softlogic is immensely pleased to launch the Walton brand to the Sri Lankan market. With our diversified business eco system within the retail market, we have built a strong and loyal customer base who have come to trust us in bringing them the best brands in the world which enrich and upgrade their lifestyle. I’m sure Walton will be one such brand where our customers will be delighted with its superior product quality and affordability.”

About Walton

Walton, Bangladesh’s super brand as well as capital market listed leading electronics, electrical and hi-tech products manufacturer, plays a very remarkable role in the country’s economic progress by creating employment for over 30,000 people, saving a significant import costs by catering to a lion share of the domestic market demand and also by exporting goods to 40 countries around the world. In Bangladesh, Walton has set up world-class state-of-the art manufacturing plants on more than 750 acres of land producing various products such as refrigerators, air conditioners, LED and Smart televisions, washing machines, mobile phones, laptops, computers, compressors, generators, elevators, microwave ovens and many other electronics and electrical products. Apart from Bangladesh, Walton also opened a ‘Research and Innovation Centre’ in South Korea and has many branches Internationally.

 



 

 

 


August 16, 2022
Image-04_Shiran-Fernando-LBN-Fill.jpg

6min

 



 

 

 

August 16th, 2022: Softlogic Invest, the Asset Management arm of the Softlogic Group, recently marked the second year of operations in the Unit Trust space in Sri Lanka. The Company has strived to offer an innovative approach to making Unit Trust Funds accessible to a whole new generation of aspirational young investors. The Company has enabled technology in a meaningful manner to accumulate the largest number of clients (43% of new clients) in the Unit Trust industry within 2 years (End June 2022) of its operations and has its sights set on taking their products to every part of the country, encompassing all segments of the population.

Sri Lanka is currently grappling with the consequences of a volatile macro-economic environment caused by a full-blown forex crisis and a high inflation environment, thereby further driving up interest rates. However, the current low Equity prices on the Colombo Stock Exchange also mean that the market offers attractive opportunities for investment in the long term. Therefore, our experienced team of investment specialists are being challenged to offer the best returns to investors and are working towards strategies that will bring value to their investors with the guidance and expert direction of its independent advisory committee.

The Independent advisory committee of the Company comprises Mr Sudarshan Ahangama, who oversees all finance functions across the MAS Group whilst simultaneously managing the Treasury, Legal, Audit & Assurance and The Shared Services Functions. He is also a member of the MAS Investments board, which oversees the non-apparel investments of the Group. Prior to joining the MAS Group, Mr Ahangama worked at John Keels Holdings (JKH) Group of companies from 1988 to 2004 and he was appointed to the Board of John Keels Stockbrokers and was its Managing Director until 1999.

He is joined by Mr Thulci Aluwihare, who is a member of the Colombo International Financial Centre (CIFC) Steering Committee Task Force to set up a Special Economic Zone (SEZ) within Port City. He is a reputed financial advisor with over 14 years of experience in Mergers and Acquisitions (M&A) as well as diverse international experience in corporate wealth creation through investment, divestiture, capital raising and restructuring.  Before joining CHEC Port City, Mr Aluwihare headed the M&A practice at PwC Sri Lanka and Maldives and spearheaded growth in the M&A division.

“At Softlogic Invest, we are navigating this challenging terrain with tact by leveraging on our three-pronged levels of experts through our Board of directors, Independent advisory committee members and internal Investment Committee making up a formidable team of investment professionals to manage our funds allowing for timely and well-informed decision making. We believe the ethical and professional approach will be inculcated in our investment philosophy, following a rigid control framework that is central to our operations and client relationships remarked Softlogic Invest Chief Executive Officer and Director Niloo Jayatilake.

The committee further benefits from the expertise of Ms Chethana Ellepola, who consults on Strategic Research for Pricewaterhouse Coopers (PWC) and External Research for SLASSCOM. Previously, Ms Ellepola was a Vice President of M Venture Partners Pte. Ltd, Singapore, which is an early-stage investor and partner in innovative and disruptive start-up ventures. Prior to this, she was the Director of Research at Acuity Stockbrokers Pvt. Ltd, where she served for nine years, and an Associate Vice President at Amba Research Lanka Pvt. Ltd.

The Advisory Committee also brings in Mr Shiran Fernando, the current Chief Economist at the Ceylon Chamber of Commerce and head of its Economic Intelligence Unit. He is engaged in providing policy-level support and strategic advice to the Government by incorporating the views of the private sector to shape the national economic agenda. Prior to joining the Chamber, Mr Fernando was the Lead Economist and Senior Product Head at Frontier Research.

 



 

 

 


June 7, 2022
Image-1-LBN-Fill.jpeg

4min

 



 

 

 

Tuesday 7th of June 2022, Colombo: The trendsetter in the modern trade industry GLOMARK from Softlogic Supermarkets (Pvt) Ltd., recently opened its newest outlet at No. 135, Negombo Road, Rilaulla, Kandana. The brand expansion has been with the goal of taking convenience to the doorstep of the residents’ of Kandana.

GLOMARK, hailed by Retail Asia as Sri Lanka’s best supermarket in 2021, offers the discerning customer a combination of the convenience of grocery shopping, a healthy and scrumptious variety of baked goods among an array of hot foods, a wide array of household goods, beauty care products, baby care, laundry, and much more. The entire 1st floor is devoted to a fully-fledged Consumer Electronics range housed by Softlogic Max and a classic selection of furniture by Softlogic Furniture to create an aesthetically pleasing home according to customer preference. The selection spans across a total retail space of over 5000 Sq.ft along with a ground floor Asiri pharmacy for prescribed and over the counter pharmaceutical needs.

As a brand that understands the customer and their needs at these trying times, the supermarket chain provides their clientele with some of the best special offers on essential items and the hard to beat bank credit and debit card offers.

Commenting on the recent opening of the GLOMARK Kandana, the Chief Executive Officer of Softlogic Supermarkets (Pvt) Ltd – Andrew Dalby, “Amidst the current challenging times faced by Sri Lankans, Softlogic GLOMARK is determined to provide customers with convenience and the best-in-class service along with constant product availability and the best product offering in an order to improve our customers lifestyle. GLOMARK promises to deliver a significantly distinctive experience than a usual supermarket to make the retail shopping experience pleasant.” Further, he added, “the staff at GLOMARK have and will continue to provide an exceptional service to the customers daily and their dedication is a critical part of GLOMARK’s Success”.

Along with the opening of the Kandana store, the outlet will be kick-starting its online delivery services in the upcoming future via www.glomark.lk and through omni-channels such as PickMe by bringing the convenience of doorstep delivery.

 



 

 

 



About us

Lanka Business News is amongst the leading online Business News portals in Sri Lanka, unique for its focus on contemporary business news relevant across multiple industries operating in the country. We present not only the news, but a perspective based on observations and possible implications of a prevailing news item. LBN also provides an insight to the impact of a global economic or industrial development, thus helping stakeholders make informed and calculated decisions.




Follow Us


Newsletter