Reporting and analysis on retail, e-commerce, and consumer trends in Malaysia, updated continuously by our newsroom.
Online fashion retailer Zalora has promised to absorb the 6% goods and services tax (GST) on all its items if customers use a special voucher code. Overall, it said that its prices would be lower by 5%, even with GST, because it was only raising the prices on…
US pizza company 1000 Degrees Pizzeria has chosen Malaysia as its first international market. The company said it would open its first pizza outlets in Kuala Lumpur, later this year in Kuala Lumpur, the federal capital, with an unidentified local partner.…
Ikea Malaysia is finally to open its second store – nearly 20 years after the Swedish brand debuted in the country. The new store will be 20 per cent larger than the existing outlet in Mutiara Damansara and is scheduled to open by December. Ikea Malaysia…
Retail sales in Malaysia fell by nearly one per cent in the last quarter of 2014 as consumers cut back spending, spooked by the looming introduction of GST. On April 1, Malaysia’s government introduces a goods and services tax on most items, excluding food,…
In just three years, Foodpanda Malaysia has expanded its offer from 40 restaurants to more than 700. The online restaurant food delivery service this month markets its third birthday, with country manager of Foodpanda Malaysia, Sidney Ng, reflecting on how…
Australian retail giant Myer could close seven stores to help reignite sales growth, analysts say. The department store chain has a number of underperforming stores that could be closed to simplify the business and improve its financial performance, Citigroup…
Foodpanda Malaysia is now the largest food delivery service in the country after the US$110 million funding and acquisition of rival Food Runner Group. Sidney Ng, country manager of foodpanda Malaysia said the funding from investors underlined the confidence…
Australian fabric, craft, party and home and living superstore Spotlight has opened its second store in Malaysia. The new stores is in the IPC Shopping Centre, Mutiara Damansara in Petaling Jaya, near Kuala Lumpur. It follows one in Ampang Point, Kuala…
Australia’s Lend Lease has signed up to develop a new retail and residential development in Malaysia. Lend Lease will have a 60 per cent stake in The Lifestyle Quarter with local developer 1MDB Real Estate the balance. 1MDB is the master developer for an…
A Malaysia online fashion destination started by a local married couple has attracted serious capital investment led by US private equity investor Elixir Capital. While the exact amount of the investment has not been disclosed by either party, the…
7-Eleven Malaysia says its quarterly profit soared 70 per cent on the back of an aggressive store expansion program. The listed company operated 1774 stores at the end of the December quarter – 200 more than at the end of 2013. It posted a profit of RM17.9…
Canadian fashion footwear retailer Aldo will open its first store in East Malaysia. The company has leased space in The Spring shopping mall where its store is under fitout in preparation for a January 30 opening. The Spring’s marketing and leasing director…
Malaysian consumers just cannot get enough of smartphones; buying more of them each year to bring annual sales volume to yet another peak in 2014 at 8.5 million. GfK retail sales tracking showed consumers buying around USD2.66 billion worth of the popular…
Malaysian cable TV operator Astro has entered a joint venture with South Korean multimedia retailer GS Home Shopping. And Astro is projecting sales of RM500 million (US$143 million) annually by 2019 after the service has gained critical mass. Astro will own…
Malaysia’s Parkson has entered into a joint venture to develop a food retailing business in China as it transforms its department store portfolio into lifestyle centres. The company’s wholly-owned subsidiary Grand Parkson has teamed with fellow Malaysian…
CapitaMalls Malaysia Trust will pay RM540 million (US$150 million) to buy the Tropicana City Mall and its office tower. The four level Tropicana City Mall opened in 2008 and has a net lettable area of 448,248 sqft and 1759 car park. It is attached to a…
Free background guides on how retail works in this market.
Malaysia
A middle-income market with heavy mall supply, strong halal requirements and a real split between the Klang Valley and everywhere else.
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Segments, digital behaviour, price sensitivity and the buying patterns that shape assortment and promotion in Malaysia.
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How last-mile delivery works in Malaysia, what drives cost per drop, and how to set a service promise you can keep.
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Who the landlords are, how leases are structured, what drives rent, and how to choose a location in Malaysia.
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