malaysia retail

Retail Asia28/11/2018

The Malaysia Retail Chain Association (MRCA), which expects retail sales growth to come in at 4.9% for 2018 in line with the country’s gross domestic product growth, has pointed out that some of its members face difficulties in retailing online amid the push for e-commerce. MRCA, in releasing its first quarterly retail sales survey for […]

Retail Asia06/11/2018

The latest budget announcement is not expected to stimulate consumer spending in the near term, as there is insufficient economic policies aimed at increasing retail spending, opined retail consulting firm Retail Group Malaysia. Managing director Tan Hai Hsin said that Budget 2019 is focusing more on managing government deficit and social programmes for the B40 […]

Retail Asia19/10/2018

Malaysian home improvement retailer Mr DIY has announced plans to open at least 1000 branches by 2020. The announcement was made at the opening of its latest outlet at Paradigm Mall, its 440th local branch and 600th global branch. The brand currently operates 120 stores in Thailand, 40 in Indonesia, four in Brunei, and one […]

Retail Asia06/09/2017

The retail industry has shown slight improvement in the months of April to June, as compared to the first three months of the year, with the Hari Raya festival in May boosting retail sales. The Retail Group Malaysia reports in its latest Malaysia Retail Industry Report that in the second quarter of 2017, Malaysia’s national […]

Retail Asia06/09/2017

Scottsdale, Ariz.-based Cold Stone Creamery has signed a master franchise agreement with Srivijaya Sdn. Bhd. to expand its presence into Malaysia. The company plans to roll out 20 stores over the next five years, beginning with a location in Kuala Lumpur. Cold Stone operates approximately 300 international outposts in more than 28 markets.

Retail Asia06/09/2017

Petron Corp. saw its consolidated net income in the first semester surge 56 percent year-on-year to P8.2 billion this year from P5.3 billion last year, despite supply issues brought about by refinery maintenance. The oil refiner and retailer said in the first half of 2017, it saw its crude oil inventory go down while its […]

Retail Asia21/03/2017

Malaysian consumers continue to tighten their belts as reflected by the 0.3% year-on-year growth of retail sales in the fourth quarter of 2016 (4Q16), according to Retail Group Malaysia (RGM). The quarterly growth of retail sales decelerated for the third quarter after it hit a high of 7.5 per cent in 2Q16, based on data […]

Tag: malaysia retail

Malaysia projected 4.9% retail sales growth for 2018

Insufficient measures to boost retail spending : RGM

Mr DIY ready for massive growth by 2020

Retail industry gets boost from Hari Raya festival

Cold Stone Announces Malaysian Expansion

Petron posts 56% jump in income

Malaysians’ appetite for spending remains poor