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News about retail

Covid-19: After videos of errant shoppers go viral, NSC sets new SOPs for retailers

May 20

KUALA LUMPUR (May 19): The National Security Council has developed a new set of standard operating procedures (SOPs) for retailers to form guidelines for their operations after videos of shoppers flouting practices prescribed by the Ministry of Health (MoH) to prevent Covid-19 infections went viral.

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Covid-19: Some retailers 'likely to fold'

May 18

KUALA LUMPUR (May 18): It will be a very bad year, especially for retailers who depend on the foreign tourists, The Edge Malaysia reports.

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Retail, hospitality sectors may see 15-20% closure

May 09

KUALA LUMPUR (May 9): The retail and hospitality sectors were among those that have been badly hit as travel had come to an almost complete halt due to Covid-19, The Edge reported today.

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Malaysian retail malls' occupancy at 79% in 2019, offices at 81%

Apr 29

  PETALING JAYA (April 29): The shopping complex or retail property sector's performance was stable last year, recording an overall occupancy rate of 79.

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Analysts upbeat on Sime Darby disposal of loss-making Tesco, say proceeds could be distributed as dividends

Apr 23

KUALA LUMPUR (April 23): Sime Darby Bhd’s plan to sell its 30% stake in Tesco Stores (Malaysia) Sdn Bhd for RM300 million is seen as positive by analysts who say this would allow the group to exit its loss-making hypermarket business.

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Sime Darby expects RM270m net gain from Tesco Malaysia stake sale

Apr 22

KUALA LUMPUR (April 22): Sime Darby Bhd has inked a deal to sell its 30% stake in Tesco Stores (M) Sdn Bhd for RM300 million.

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CNY, Hari Raya and surge in grocery shopping won’t avert first retail contraction in 22 years

Apr 14

KUALA LUMPUR (April 14): Malaysia is expected to see its first retail sales contraction in 22 years at 5.

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COVID-19: HK celebrity Nicholas Tse slashes shop rental by more than 60% to help tenant

Mar 31

PETALING JAYA (March 31): The COVID-19 pandemic has severely impacted the Hong Kong retail industry, but some of the landlords there have reduced rental to help their tenants survive the outbreak.

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Sunway grants 14-day free rent to non-essential retailers

Mar 23

KUALA LUMPUR (March 23): Sunway Malls, the retail division of Sunway Group Bhd, is offering RM20 million rent free to non-essential retailers for the 14-day movement control order (MCO) period.

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Parkson's William Cheng voices concerns on business prospects

Mar 20

KUALA LUMPUR (March 20): Parkson Holdings Bhd’s executive chairman Tan Sri William Cheng said the retail group is currently in uncharted territory and he could not gauge the adverse impact brought by the COVID-19 outbreak and the nationwide Movement Control Order (MCO).

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TRENDING NOW
1
Richmond Asia Group signs hotel management deal with Barceló Hotel Group
20 Oct 2025 | Updated 4 hours ago
2
Thirty-six Putra Heights residents take Petronas Gas, govt, developers to court over gas explosion
20 Oct 2025 | Updated 4 hours ago
3
Chin Hin Group Property acquires RM31.74 mil Segambut land, plans for high-rise project
17 Oct 2025 | Updated 2 days ago
4
EcoWorld unit executes conditional sale and purchase agreement for Semenyih land worth RM82.2 mil
17 Oct 2025 | Updated 2 days ago
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Chin Hin Property signs deal to develop project worth over RM1.1 bil in Taman Connaught
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Exchange 106 hits 75% committed tenancies
17 Oct 2025 | Updated 2 days ago
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Mudajaya plans five-to-one share consolidation
17 Oct 2025 | Updated 3 days ago
10
CBH Engineering bags another data centre-linked contract with RM20m Johor job
17 Oct 2025 | Updated 3 days ago
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Sunway Property’s Nationwide Campaign, The BIG Deal
01 Oct 2025 | Updated 3 days ago
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Sunway Citrine Lakehomes, Johor town house rented for RM4k | DONE DEAL
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13
NCT Group, MPKL team up to strengthen NSIP and boost Kuala Langat’s industrial growth
17 Oct 2025 | Updated 3 days ago
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Propel Global JV lands RM70 mil civil works job for data centre in JB
17 Oct 2025 | Updated 3 days ago
15
Apex court orders full trial for 58 unit holders of Empire City Damansara over strata title
17 Oct 2025 | Updated 3 days ago
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