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Shopping mall industry could lose over RM750m during 14-day MCO: Association

Mar 23

KUALA LUMPUR (March 23): The Malaysia Shopping Malls Association (PPKM) is appealing to the government to provide urgent relief as it estimates that the shopping mall industry will lose more than RM750 million, excluding turnover statistics from the retail sector, during the 14-day movement control order (MCO).

PPKM: Up to individual malls to give free rental or rebates

Mar 23

PETALING JAYA (March 23): While the Malaysia Shopping Malls Association (PPKM) applauds Sunway Mall’s proactive move to grant free rent to its tenants from 18 to 31 March, 2020, PPKM reiterates that such decisions are entirely within the mall’s individual prerogative and circumstances, and does not represent the whole shopping mall industry.

COVID-19: Too early to provide rental rebate to retailers, says PPK Malaysia

Feb 18

PETALING JAYA (Feb 18): It is still premature to immediately give out rental rebate to retailers affected by the ongoing COVID-19 outbreak, said the Malaysia Shopping Malls Association (PPK Malaysia) in response to the joint media statement issued by several retailer groups yesterday.

Kmart and Myer closures in Australia sound alarm for shopping centres

Feb 14

PETALING JAYA (Feb 14): Kmart added to the recent surge of Australian store closures by announcing the closure of its branch in the northern Melbourne suburb of Northcote on Nov 22 this year when the store’s lease ends, NewIdeaFood reported on Tuesday.

Jasons Food Hall in Bangsar to shut down after 20 years

Feb 11

KUALA LUMPUR (Feb 11): Jasons Food Hall, an upscale supermarket owned and operated by Hong Kong's Dairy Farm International Ltd, is shutting down and moving out of Bangsar Shopping Centre (BSC).

After 12-year run, GSC shutters cinemas in Pavilion KL

Feb 07

KUALA LUMPUR (Feb 7): Golden Screen Cinemas Sdn Bhd (GSC) said yesterday that it is shutting down its GSC outlet in Pavilion Kuala Lumpur on Feb 17.

UPDATE: Parkson to quit MyTOWN Shopping Centre in February 2020

Dec 30

KUALA LUMPUR (Dec 30): Department store operator Parkson Corp Sdn Bhd — which shut the Suria KLCC store and the Parkson M Square Mall store in Puchong this year — is preparing to shut down its outlet in MyTOWN Shopping Centre, Cheras.

Parkson to shut MyTOWN store?

Dec 30

KUALA LUMPUR (Dec 30): Department store operator Parkson Corp Sdn Bhd — which shut the Suria KLCC store and the Parkson M Square Mall store in Puchong this year — appears to be preparing for the closure of its store in MyTOWN Shopping Centre, Cheras.