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Keells
Keells is a Sri Lankan supermarket chain operated by Jaykay Marketing Services (Pvt) Ltd., a subsidiary of the John Keells Group. Established in 1991, Keells has grown to operate 135 outlets across the country, positioning itself as one of the leading retail chains in Sri Lanka alongside other retailers such as Cargills, Glomark, Spar, and Arpico. The company is headquartered in Colombo 2, Sri Lanka, and offers a wide range of products, including fresh produce, groceries, bakery items, and ready-to-eat meals. The company employs over 5,000 people and works closely with local farmers and suppliers, sourcing fresh produce through 9 collection centers distributed across the country. These products are then managed through a 260,000-square-foot distribution center, which allows Keells to ensure that fresh produce reaches stores within 24 hours. The supermarket chain also operates 130 SLSI-certified bakeries, providing fresh bakery products, and 66 GMP-certified hot kitchens, offe ...
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John Keells Holdings
John Keells Holdings PLC (JKH) is a Sri Lankan multinational conglomerate (company), conglomerate company. It has business interests in hotels and resorts management, port, marine fuel and logistics services, IT services, manufacturing of food and beverages, supermarkets, tea, stock broking, life insurance, banking, and real estate. JKH is a full member of the World Economic Forum and has issued Global Depository Receipts on the Luxembourg Stock Exchange, and was the first Sri Lankan company to be listed overseas. Keells is reportedly the most valuable company in Sri Lanka since the 1980s. History Edwin and George John founded John Keells in the 1870s. They incorporated the company in Colombo, British Ceylon, Ceylon with the name E.John & Co. It was initially set up as a manufacturer of tea and essential foods. In 1948 E. John & Co. merged with two United Kingdom, UK based companies including Thompson and White & Co. Ltd. In 1960, it merged with yet another broking company, Ke ...
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Private Limited Company
A private limited company is any type of business entity in Privately held company, "private" ownership used in many jurisdictions, in contrast to a Public company, publicly listed company, with some differences from country to country. Examples include: the ''limited liability company, LLC'' in the United States, ''private company limited by shares'' in the United Kingdom, ''GmbH'' in Germany and Austria, (BV) in The Netherlands and Belgium, (SARL) in France, (S.r.l.) in Italy, and (SRL) in the Hispanophone, Spanish-speaking world. The benefit of having a private limited company is that there is limited liability. Abbreviations Albania In Albania, a limited liability company () is a commercial company founded by persons of physical or judicial status, who are not liable for the company and personally bear losses only up to the outstanding contribution agreements. Partners' contributions constitute the registered capital of a limited liability company. Each partner has ...
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Retail
Retail is the sale of goods and services to consumers, in contrast to wholesaling, which is the sale to business or institutional customers. A retailer purchases goods in large quantities from manufacturers, directly or through a wholesaler, and then sells in smaller quantities to consumers for a profit. Retailers are the final link in the supply chain from producers to consumers. Retail markets and shops have a long history, dating back to antiquity. Some of the earliest retailers were itinerant peddlers. Over the centuries, retail shops were transformed from little more than "rude booths" to the sophisticated shopping malls of the modern era. In the digital age, an increasing number of retailers are seeking to reach broader markets by selling through multiple channels, including both bricks and mortar and online retailing. Digital technologies are also affecting the way that consumers pay for goods and services. Retailing support services may also include the pro ...
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Colombo
Colombo, ( ; , ; , ), is the executive and judicial capital and largest city of Sri Lanka by population. The Colombo metropolitan area is estimated to have a population of 5.6 million, and 752,993 within the municipal limits. It is the financial centre of the island and a tourist destination. It is located on the west coast of the island and adjacent to the Greater Colombo area which includes Sri Jayawardenepura Kotte, the legislative capital of Sri Lanka, and Dehiwala-Mount Lavinia. Colombo is often referred to as the capital since Sri Jayawardenepura Kotte is situated within the Colombo metro area. It is also the administrative capital of the Western Province and the district capital of Colombo District. Colombo is a busy and vibrant city with a mixture of modern life, colonial buildings and monuments. It was made the capital of the island when Sri Lanka was ceded to the British Empire in 1815, retaining its capital status when Sri Lanka gained independence in 19 ...
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Online Grocer
An online grocer is a supermarket or grocery store that allows ordering via websites or mobile apps. The order can either be collected by the customer or delivered to the customer by drivers engaged by the grocer, a food delivery service, or by delivery drones and robots. In-store pickup For brick-and-mortar stores that have online ordering, customers can place orders online and pick up their ready orders in the store on their way home. In-store pickup—sometimes termed "click & collect"—is typically offered for same-day shopping. It is usually less expensive than delivery, and can be done at a time of the customer's choosing. This option is popular in rural areas. It is also useful for customers living outside of the store's local delivery area. Local delivery Most local online grocers have their own drivers. The most common type of personal delivery involves storing grocery inventory in a warehouse to deliver to customers once orders are placed. Another type of per ...
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Omnichannel Retail Strategy
Omnichannel retail strategy, originally also known in the U.K. as bricks and clicks, is a business model by which a company integrates online and offline, both offline (''bricks'') and online (''clicks'') presences, sometimes with the third extra ''flips'' (physical trade literature, catalogs). By the mid-2010s, many (physical store) retailers offered ordering via their website, mobile mobile app, phone apps, as well as by voice over the telephone. The wide uptake of smartphones made the model even more popular, as customers could browse and order from their smartphone whenever they had spare time. The model has historically also been known by such terms as clicks and bricks, click and mortar, bricks, clicks and flips, and WAMBAM, i.e. "web application meets bricks and mortar".) Variants Home delivery The default model in e-commerce is one of browsing and ordering online, with goods sent from a warehouse, or in some cases, a retail store. One of the first known purchases from a ...
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Utility Bill Payments
In economics, utility is a measure of a certain person's satisfaction from a certain state of the world. Over time, the term has been used with at least two meanings. * In a normative context, utility refers to a goal or objective that we wish to maximize, i.e., an objective function. This kind of utility bears a closer resemblance to the original utilitarian concept, developed by moral philosophers such as Jeremy Bentham and John Stuart Mill. * In a descriptive context, the term refers to an ''apparent'' objective function; such a function is revealed by a person's behavior, and specifically by their preferences over lotteries, which can be any quantified choice. The relationship between these two kinds of utility functions has been a source of controversy among both economists and ethicists, with most maintaining that the two are distinct but generally related. Utility function Consider a set of alternatives among which a person has a preference ordering. A utility functio ...
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Nexus Loyalty Program
NEXUS is a joint Canada Border Services Agency and U.S. Customs and Border Protection-operated Trusted Traveler and expedited border control program designed for pre-approved, low-risk travelers. Members of the program can avoid waits at border entry points by using reserved lanes at land crossings into Canada and the United States (including from Mexico), by using self-serve kiosks at airports in Canada, the US and some international locations, or by phoning border officials for a marine entry. A NEXUS membership card is a valid document under the Western Hemisphere Travel Initiative (WHTI), so it can be used in place of a passport, including by air if flying between the US and Canada. However, carrying a valid passport is still recommended, in the rare event that a flight is diverted to an airport without NEXUS support. History NEXUS began as a pilot project in 2000 at the Port Huron–Sarnia border crossing to reduce traffic congestion. At the time, delay-free crossing was av ...
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Cargills (Ceylon)
Cargills (Ceylon) PLC is a Sri Lankan consumer company listed on the Colombo Stock Exchange. It primarily operates in the Modern Retail (supermarkets), FMCG, and Restaurant industries, but also has a presence in the Banking, Real Estate, Agriculture and Cinema sectors. Cargills is among the top listed companies in Sri Lanka by market capitalization and operates the largest food related supply chain in the country. History Cargills today looks very different to the Cargills of yesteryear. The company remodeled itself from a small department store network (4 locations) prior to 1983, to a leading food company in the country. This change started in 1983, when Cargills entered the supermarket industry, opening the first Food City store in Colombo. In the years that followed, Cargills ventured into the FMCG and Quick Service Restaurant space, successfully establishing itself as a leading player in each of the sectors. The beginnings In 1844 British businessman William Milne s ...
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Arpico Super Centre
Arpico Super Centre also popularly simply known as Arpico is a chain of supermarkets which is also regarded as a departmental store located in Sri Lanka owned by Richard Pieris & Company. The retail shopping mall was initially started with the concept of supermarket and then transformed its business operations as a supercentre. It is one of the three largest retail operators on the island, alongside Cargills Food City and Keells Super. Arpico Super Centre is also regarded as one of the two most popular departmental stores in Sri Lanka along with ODEL. The Richard Pieris & Company, pioneered the concept of hypermarkets in Sri Lanka through their Arpico Super Centre chain. The store sells various types of goods in different sections under the building's roof and the headquarters is situated at Maharagama in High Level Road. The Arpico Super Centre's 20th showroom branch was opened at Kohuwala in 2017 with the concept of green products. See also * List of supermarket chains i ...
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Colombo 2 - Slave Island
Slave Island, officially known as Kompagngna Veediya (; ), also known as Kampong Kertel and Kompanna Veediya and formerly known as Javanam Quarters (Javanese Quarter) during Dutch rule, is a suburb in Colombo, Sri Lanka, located directly south of the Fort. The suburb contains Beira Lake, a large lake and its esplanade is visited by many for recreation. Company Roads is mostly a commercial area with hotels, shopping centres, street food stalls, and is known for its multicultural, especially Malay heritage. History The name "Slave Island" was coined during the period of British colonial rule and was a reference to the usage of the island under Portuguese rule as a holding area for African slaves, most of them from the Swahili coast and Portuguese East Africa. Many of these slaves later returned to Africa. However, a small group of African descendants remain scattered throughout Sri Lanka and are collectively known as Sri Lankan Kaffirs. In 2023, the Sri Lankan Prime Minister is ...
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Delivery (commerce)
Delivery is the process of transporting goods from a source location to a predefined destination. Cargo (physical goods) is primarily delivered via roads and railroads on land, shipping lanes on the sea, and airline networks in the air. Certain types of goods may be delivered via specialized networks, such as pipelines for liquid goods, power grids for electrical power and computer networks such as the Internet or broadcast networks for electronic information. Car transport is a particular subgroup; a related variant is Autorack, which involves the transport of autos by railroads. Delivery is a fundamental component of commerce and trade, and involves transport and distribution. The general process of delivering goods is known as distribution, while the study of effective processes for delivery and disposition of goods and personnel is called logistics. Firms specializing in delivering commercial goods from the point of production or storage to their point of sale ar ...
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