Reporting and analysis on retail, e-commerce, and consumer trends in Malaysia, updated continuously by our newsroom.
Singapore-based electronics and homewares retailer Courts has reported a quarterly revenue dip of 16.four per cent in what it describes as a “weak retail surroundings”. The listed firm posted a quarterly revenue of S$6.56 million within the three months to…
Whether or not they’re searching on-line or shopping for in-store buyers have extra selection than ever, forcing retailers and malls to get artistic to draw their consideration. With the area’s center class predicted to double to 1.32 billion by 2020, Asian…
11street, Malaysia’s latest eCommerce participant, has launched an app to help on-line buying by way of iOS and Android smartphones. 11street’s CEO, Hoseok Kim stated that the brand new cellular app is the corporate’s newest dedication to ship “a reliable and…
Aeon chairman Datuk Abdullah Mohd Yusof said nevertheless, the group remains confident in meeting the challenges head-on. “After consumers get used to the changes in the new tax system, they will start shopping again, especially in the upcoming festive…
Retail tax refund specialist Global Blue says the first month of the electronic Tax Refund Scheme in Malaysia has got off to a “fantastic start”. With the introduction of a six per cent GST on April 1, Malaysia’s government launched a refund scheme for…
Iprice Group, a Malaysia-based on-line worth comparability service for consumers, has acquired a $550,000 money funding from an angel investor enterprise capital group. Based solely final October, the enterprise is already lively in its residence base…
AirAsia X Bhd (AAX), the long-haul, low cost airline affiliate of the AirAsia Bhd flew a total of 914,970 passengers in the first quarter, down 15% from 1.08 million passengers in the same quarter in 2014. According to AAX’s preliminary operating statistics…
Microsoft Malaysia will convert 39 Nokia retail stores into a network of Microsoft authorised reseller smartphone shops. The company’s GM of mobile devices sales for Malaysia, Singapore and Brunei, Bruce Howe, revealed the plan during the opening ceremony of…
Korean cosmetics brand Belif has opened its first store in Malaysia in Kuala Lumpur’s Sunway Pyramid Mall. Belif Malaysia has been introduced by listed jewellery retailer Tomei which has the rights to other markets in the region but plans to focus on Malaysia…
Malaysians are joining other South-East Asian consumers in a growing propensity to shop online, particularly for personal care items. In a statement today, Nielsen said based on its Global Survey on The Future of Grocery, at least one third of the 518…
Malaysia-based pewter brand Royal Selangor is to open its first standalone store in the UK. It chose the upmarket London suburb of Chelsea for its debut, a site adjacent to the Designer’s Guild at 261 Kings Rd. The 1317 sqft store is due to open as early as…
Installing a point-of-sale (POS) system to issue printed receipts as part of implementing the goods and services tax (GST) will only be a one-time investment, the Malaysian Customs Department’s GST division told operators of small businesses on Thursday. GST…
Starbucks Malaysia has earned top honors for its employment practices at the Aon Hewitt Best Employers of 2015 Awards. The Best of the Best award was presented to Starbucks Malaysia at the Awards Presentation and Learning Conference in Kuala Lumpur. The Aon…
Aeon Malaysia will build two new malls this year, at a cost of 450 million Ringgit (US$121 million). Aeon Malaysia currently has 23 malls across the country, 29 Aeon hypermarkets and four smaller stores branded MaxValu. The two new centres will be built in…
Malaysia last week implemented a six percent consumption tax aimed at plugging a leaky tax-collection system and addressing a widening fiscal deficit, but which has sparked opposition protests over the past year. The government and economists say the Goods…
Australian gelato chain Gelatissimo is searching for a new franchise partner in Malaysia – but says its expansion strategy in Asia and beyond remains on track. Gelatissimo’s sole store in Malaysia, at The Gardens mall in Mid Valley, closed late last year…
Free background guides on how retail works in this market.
Malaysia
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