PETALING JAYA (Feb 1): GCH Retail (M) Sdn Bhd, which operates Giant, Cold Storage, Mercato and Jason’s branded hypermarkets and supermarkets, will exit Sabah and Sarawak within the next couple of months as part of the reorganisation of its operations, The Edge Malaysia reported today.
PETALING JAYA (Dec 28): Thai tycoons are looking to buy the Thailand and Malaysian operations of Britain's biggest retailer Tesco, Bloomberg reported yesterday.
KUALA LUMPUR (Dec 21): Tesco has announced earlier this month that it is reviewing its businesses in Thailand and Malaysia after being approached by an unnamed buyer.
PETALING JAYA (Dec 9): Britain's biggest retailer Tesco is reviewing its businesses in Thailand and Malaysia after being approached by an unnamed buyer, Reuters reported on Sunday.
PETALING JAYA (Sept 17): Supermarket and hypermarket operators in Malaysia are shutting down under-performing stores, Retail Group Malaysia managing director Tan Hai Hsin said.
SHAH ALAM (Nov 7): Kota Kemuning residents are worried that a loved green lung near the township’s lake may end up being the site for yet another hypermarket.
SCROLL DOWN FOR VIDEO PETALING JAYA (July 18): Videos of a rat running wild in the bakery of a hypermarket in Shah Alam has gone viral, forcing the place to shut down for a thorough cleansing.
KUALA LUMPUR (Oct 13): Despite the apparent weak consumer sentiment since the implementation of the goods and services tax in April last year, the Malaysian retail scene remains energetic with more global brands getting a foothold in the country, said the Performance Management and Delivery Unit (Pemandu).
HYPERMARKET operator Tesco Stores (M) Sdn Bhd, which posted two consecutive years of losses, expects its performance to improve this year as its three-year transformation plan kicks off and begins to bear fruit.
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