Laugfs to invest Rs. 250 m on more supermarkets

by A.G. Piyadasa

Laugfs SunUp Supermarkets (Pvt) Ltd. will invest Rs. 250 million to introduce more supermarkets.

The Laugfs Kottawa branch will be opened in October 13 while branches would be opened in Jubille Post, Nugegoda, Moratuwa, Ja-Ela, Negombo, Nawala and Negombo, Chairman W.K.H. Wegapitiya said. Being a fully owned Sri Lankan enterprise, the Laugfs Group of Companies entered to the arena in distribution of energy and related items have shown steady growth in all its spheres.

It was also the first ever company to launch 24 hour Supermarkets. "In 1995 the necessity to find an alternative for environment pollution was a "dream come true" with the emerging of Gas Auto Lanka (Pvt) Ltd., which have now acquired the 'good will' and 'trust' of all user customers", said Wegapitiya. The company also achieved a major breakthrough by entering into the domestic cylinder market which was a monopoly.

The company is now vigorously working towards becoming the third player in petroleum distribution. Laugfs are launching an economical chain of restaurants.

These restaurants would be housed in the upper floor of their super markets. 'This decisive marriage of a supermarket and a restaurant will benefit both partners and create greater customer participation, satisfaction and closer association with the "SunUp" chain.

Also, Laugfs SunUp supermarket chain are joining hands with the Colombo Municipal Council and the Ceylon Glass Company in an environmental friendly gesture of collecting the unusable plastics, paper, glass bottles, which are disposed from homes.

Sri Lankan consumers would be able to get rid of the garbage which helps to preserve the environment.