KUALA LUMPUR (Feb 22): With the revised Guidelines on Foreign Participation in the Distributive Trade Services 2020 kicking in on Jan 1, the rules have now “been relaxed” for foreign operators of large-format grocery stores.
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.
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.
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