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Malaysia Retail News

Reporting and analysis on retail, e-commerce, and consumer trends in Malaysia, updated continuously by our newsroom.

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10 Dec 2020

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Latest Malaysia retail stories

dell
Wei ZhangElectronics

Dell backtracks on Singapore retail exit, leaving Malaysia

According to the company, they will transition out of the retail market in Singapore and Malaysia; however, customers can still purchase items via the company’s online store. An internal memo revealed the company’s intention, stating that they will cease…

CIMB bank
Rajiv MenonFinance

CIMB Restructures Singapore Business

The Malaysian bank is letting go of three business heads in Singapore, following a review of its operations. Changes are afoot at CIMB Singapore, as the bank has moved to ax its consumer, commercial and corporate banking heads: Josandi Thor, Yong Jiunn Run…

kuala lumpur mandarian hotel
Maria SantosFashion

Suria KLCC revamps its food court

Suria KLCC in the heart of Kuala Lumpur has unveiled its newly refurbished food court, which was designed to adapt to the Covid-19 era. Incorporating the space formerly occupied by department store Parkson, the Signatures food court boosts seating to more…

dell
Rajiv MenonElectronics

Dell quits retail in Singapore, Malaysia moving online only

It appears retail stores in Malaysia and Singapore will not be carrying Dell products in the near future. According to an official statement from the company, Dell will “transition out of the retail market in Singapore and Malaysia,” though that doesn’t mean…

eslite
Aiko TanakaGeneral

Eslite opening mega store in KL, Malaysia

Eslite Spectrum Corp (誠品生活), which runs the Eslite bookstore chain in Taiwan and abroad, yesterday inked an agreement with Malaysia’s YTL Corp Bhd to open a branch in downtown Kuala Lumpur in 2022. The two sides signed the partnership via a teleconference to…

google datacenter tech 02
Wei ZhangTelecom

Singapore and Philippines to Boost Data Connectivity

Bangko Sentral ng Pilipinas and the Monetary Authority of Singapore have agreed to promote the adoption and implementation of policies to aggregate, store, process, and transmit data across borders for banks and non-bank financial institutions. While the…

convenience store 7 eleven
Wei ZhangGeneral

7-Eleven Malaysia appoints CEO team

7-Eleven Malaysia Holdings Bhd has appointed CFO Wong Wai Keong and executive director Tan U-Ming as the co-CEOs for the company, effective Dec 1, 2020. Wong will also be appointed as an executive director of the company, effective Nov 1, 2020. They will…

capitaland
Rajiv MenonReal Estate

CapitaLand Malaysia Mall Trust hurt by Covid-19

Shopping center operator CapitaLand Malaysia Mall Trust suffered a 17.2 percent hit to quarterly income, which was knocked down to $6.08 million for the third quarter. The fall was largely attributed to higher levels of vacancies and the rental relief granted…

MyNews
Sarah ChenGeneral

MyNews to open 500 CU convenience stores across Malaysia

Home-grown MyNews Holdings Bhd, which already operates some 570 stores, is bringing a South Korean convenient store brand to the Malaysian market. At its headquarters in Kota Damansara, the convenience store operator announced that its wholly-owned subsidiary…

Mr DIY
Minjun ParkGeneral

Malaysia’s Mr DIY seeks to raise US$360 million

Malaysian home improvement retailer MR DIY Group opened the books for its 1.5 billion ringgit ($361.71 million) initial public offering (IPO) on Tuesday, the country’s largest listing in three years. The company fixed the offer price at 1.60 ringgit per…

berluti
Wei ZhangFashion

Berluti opens first Malaysian store in KL

French men’s fashion house Berluti has opened Malaysia’s first store in Kuala Lumpur in partnership with Indonesian retail firm Time International. Located at Suria KLCC, the Berluti store occupies a 105sqm space, offering a selection of men’s shoes, leather…

Swarovski
Maria SantosFashion

Swarovski opens Crystal Studio concept store in KL, Malaysia

Swarovski has launched Southeast Asia’s first Crystal Studio concept store, in Kuala Lumpur, Malaysia. Located in Mid Valley Megamall, the store offers interactive digital touchpoints throughout the store, including shop window screens and interactive…

Retail Academy: Malaysia

Free background guides on how retail works in this market.

  • Malaysia

    Retail in Malaysia

    A middle-income market with heavy mall supply, strong halal requirements and a real split between the Klang Valley and everywhere else.

    Asia Market Guides · 10 min read

  • Malaysia

    Consumers in Malaysia

    Segments, digital behaviour, price sensitivity and the buying patterns that shape assortment and promotion in Malaysia.

    Asia Market Guides · 8 min read

  • Malaysia

    Last mile in Malaysia

    How last-mile delivery works in Malaysia, what drives cost per drop, and how to set a service promise you can keep.

    Asia Market Guides · 8 min read

  • Malaysia

    Malls and rents in Malaysia

    Who the landlords are, how leases are structured, what drives rent, and how to choose a location in Malaysia.

    Asia Market Guides · 8 min read

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