Giant to get new head

KUALA LUMPUR (Aug 30): Chris Bush, the CEO of Southeast Asia Food at Dairy Farm International, will take over the role that will be left vacant by Pierre-Olivier Deplanck, the managing director of GCH Retail (M) Sdn Bhd, once the latter leaves on Aug 30 to pursue new opportunities.

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Giant stores in Malaysia and the EPF

KUALA LUMPUR (Aug 24): A recent report by The Edge Malaysia stated that the Employees Provident Fund (EPF) owns “about a dozen buildings and shoplots, which are or were occupied” by GCH Retail (M) Sdn Bhd”.

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Parkson closes store 18 months after opening

KUALA LUMPUR (Aug 6): Department store operator Parkson Corp Sdn Bhd, which shut its 20-year-old store in Suria KLCC earlier this year, has shut another store — the Parkson M Square Mall in Puchong, Selangor.

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CBRE: E-commerce backed retail thrives in China, India

PETALING JAYA: Retail leasing markets in Asia Pacific have been quiet through the first quarter of 2019 and retailers will have to reconsider their operating strategies amid potential economic headwinds that might lead to slower sales, according to real estate market research firm CBRE Research in its “Asia Pacific Retail Trends Q1 2019” report released recently.

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