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HYPERMARKETS in Malaysia

434K views 964 replies 134 participants last post by  nazrey 
#1 ·
TESCO, MAKRO and other hypermarts

Dutch-owned Makro Cash & Carry Distribution Sdn Bhd is strengthening its presence in the Malaysian retail market with a plan to open 10 new outlets in the next several years.

Makro managing director Anton van Gorp says there is still potential for the multinational company to open at least 10 more outlets in Malaysia.

Makro currently has eight outlets in Malaysia located at Shah Alam, Selayang, Cheras, Seremban, Seberang Perai, Penang, Johor Bahru and Ipoh. Makro has conducted a survey based on the concentration of its customers in areas that it has not reached, van Gorp says in a written reply to FinancialDaily.

Like earlier Makro outlets, the new stores would be “stand-alone” structures, built according to the specifications set by the authorities, van Gorp says.

However, he declined to reveal the total cost of investment for the expansion.

Makro’s expansion plan in Malaysia is in line with its expansion in other Asian countries.

In its 2002 annual report, Makro’s parent company, SHV Holdings NV, said there were 56 Makro outlets in Asia and it planned to open another 10 outlets this year.

In Thailand alone, there would be two new outlets this year in addition to 21 outlets at the end of 2002.

Following the collapse of Makro Taiwan early this year, SHV is also expanding into mainland China, with a plan to open up to 10 Makro outlets by 2010.

Van Gorp believes that as a cash and carry operator, Makro is unlikely to be affected by the government’s decision to curb the expansion of hypermarkets in three major cities and in areas with a low population density.

“We feel that there are still many areas where Makro’s presence will be welcomed by our customers, the small businesses and we are working with the government on our growth options in the area relating to the SMEs [small-and-medium enterprises],” he says.

On the company’s financials, van Gorp said Makro has been operationally profitable since its entry into Malaysia in 1993.
“As a company, apart from the last three years, Makro has also been profitable. Since the repositioning of the company in 2002, the results have also made a turn around. Makro expects to break even this year,” he says.

Van Gorp says the company expects a 10% growth in sales over 2002, in which its total sales amounted to RM706 million. This is RM66 million higher than the previous year.

On the company’s strategy, van Gorp says Makro will continue to be a niche player that focuses on its main customer group of small retailers, caterers and other professionals.

“We will look to improve our product range to cater to their requirements, especially in the catering segment,” he says. He adds that the company is still testing some new concepts for the Asian region before implementing them.

While other giant retailers such as Carrefour and Tesco allow its customers to pay with credit cards, Makro will continue to implement its cash-and-carry policy.

Makro does not accept any credit cards except those from Malayan Banking Bhd.

Van Gorp says there is no immediate plan to reverse this policy since it plays a part in keeping Makro’s cost of goods down by transferring the savings from banking transaction fees to its customers.
 
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#571 ·
Saturday March 10, 2012

Tesco plans to invest RM60mil in next two years



BUKIT BERUNTUNG: Tesco Stores (Malaysia) Sdn Bhd plans to invest RM60mil in the next two years to open new stores and refresh some of its existing stores in the country.

However, Tesco Malaysia, which operates 45 stores in the country, did not provide further details on its upcoming stores.

Since 2002, the company has invested about RM5bil in outlets that include the Tesco ambient distribution centre (TADC), its biggest in South-East Asia.

The 53,000-sq-m TADC on a 48-acre site services all 45 Tesco stores in the country and has the capacity to serve about 100 stores.

Chief executive officer SungHwan Do said Tesco had invested more than RM260mil to develop the TADC, a move that reflected its long-term aspiration to significantly grow in the business in Malaysia.

“We also plan to open new stores in Sabah and Sarawak as the prices of some goods there are often higher than those in Peninsular Malaysia and we hope to narrow the price gap,” he told reporters during a tour of TADC and the official opening of Tesco Bukit Beruntung here yesterday.

Tesco Malaysia is a 70:30 joint venture between Tesco Plc and Sime Darby Bhd.
 
#573 ·
Foreign mass-retailers sizzles in ASEAN

Local-owned mass retailers are feeling the pinch as Foreign retailers are sweeping across the nation like nobody's business.


TESCO opens 45th outlet in Malaysia

Since 2002, TESCO has invested about 5 billion ringgit in 45 outlets and the upcoming Tesco Ambient Distribution Centre (TADC), its biggest in South-East Asia.

Tesco Bukit Beruntung, 45th outlet opening on 9 March 2012


Carrefour opens 26th outlet in Malaysia

France's Carrefour was the first foreign-based hypermarket chain to operate in Malaysia in 1994.

Carrefour Bukit Minyak is its 26th outlet in Malaysia


GIANT opens 129th outlet in Malaysia

Hong Kong conglomerate Jardine Martheson Group owns Giant Retail Group Malaysia via Dairy Farm International, which also owns Cold Storage supermarkets and Guardian Pharmacy nationwide.

Giant Bercham Ipoh which opened on 8 March 2012 is its 129th outlet in Malaysia


AEON opens 25th outlet in Malaysia

AEON Co Ltd, the owner of Japan's largest retail chain stores, has been operating in Malaysia since 1984, at the invitation of the Malaysian Government to modernise the country's retail industry.

AEON Ipoh Station 18 Pengkalan opens on 29 March 2012
 
#574 ·
Future Giant store in Malaysia.




Giant Kuala Pilah,Negeri Sembilan.



Giant Setapak,Kuala Lumpur.



Giant Kual Selangor,Selangor.



Giant Subang USJ.



Giant Banting,Selangor.

No Rendering found.stay tuned.

Giant Gong Badak,Terengganu.
 
#580 ·
I think people willing to spend more money here rather than other mall...I went to aeon and the crowd still look for the cheapest price..and..of cos they go there just for window shopping
 
#592 ·
Econsafe kinna cheap..but to far from my house and too gudang like for my taste..and fresh item aren't fresh.have to constantly check for expirery date and somehow brg die berlapuk.

Usually goes to mydin.dirt cheap.fresh item.but myrasa brand jgn beli.xsedap!

Tesco also cheap.and tesco branded item taste bit better.i also bought their dirt cheap motor oil too

Will always try to avoid giant though.always have the price at the cashier different from displayed price!.

Carrefour?.haven't been there for sometimes.a bit pricy might as well drag my ass to aeon.

Kipmart.nvr been there.i know they open in seremban.but can't find it!.
 
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