Convenience store operator 7-Eleven Malaysia Holdings is to boost its stake in Caring Pharmacy Group and take control of the chain. 7-Eleven Malaysia says it plans to buy a further 25.35 percent of the Caring Pharmacy business, taking the total shareholding…
Malaysian restaurant brand Go Noodle House has launched in Singapore – and is now preparing to enter five other Asia-Pacific markets. The new Somerset outlet is the brand’s second overseas location and is a step forward in its plans to expand throughout the…
7-Eleven Malaysia’s profit surged 10 percent year on year in the third quarter. Figures released by the firm showed sales growth of 4.5 percent during the quarter and a 5.1-percentage point improvement in gross profit margin. The firm opened 53 new stores…
Southeast Asian KFC and Pizza Hut operator QSR Brands is seeking to reboot its IPO in the fourth financial quarter this year. The firm was previously in talks to sell its Malaysia shares, but has since backtracked on the plan and returned to its initial IPO…
A second Starbucks signing store has opened in Malaysia, this one in the heart of Penang’s historical deaf community. The world’s fourth Starbucks signing store it is part of the company’s ongoing commitment to inclusion, accessibility and diversity. It…
Alibaba Group will launch a Taobao retail store at Mytown Shopping Centre in Kuala Lumpur. The new outlet is opening in partnership with Mytown and local retailer Lumahgo New Retail, and follows the brand’s first Southeast Asian store in Singapore’s Funan…
Swiss Watch Gallery launched its signature timepiece event, Art of Time 2019 at Pavilion Kuala Lumpur. Art of Time is presented by Swiss Watch Gallery in partnership with Tumi, GH Mumm, and media outlets The Edge and The Star. In its sixth rendition, Art of…
Hong Kong-headquartered lingerie retailer 6ixty8ight is to open an e-commerce store for Singapore and Malaysia this month. The 6ixty8ight online store offers lingerie, sleepwear, homewear, loungewear, casual wear, and accessories. In the first phase of online…
Great Eastern Life Assurance Malaysia will sell the Menara Weld office building and The Weld Shopping Centre in Kuala Lumpur. Both properties, which have been under ownership by the insurance firm for 16 years, have been priced with a reserve of RM270 million…
Malaysia Airports has launched a campaign `Shop like a hero` – or #ShopLAH – as it aims to transform its international airports from functional transportation hubs to exciting shopping destinations. The campaign aims to offer passengers a crafted premium…
HSBC is reportedly setting up an asset management business in Malaysia in the midst of a major job-axing exercise. It is in the midst of setting up its team, looking to hire a CEO, CIO, and so on, according to a report from Malaysian media , citing an…
Tesco Malaysia has opened its 60th store. The more-than 2000sqft store at Wangsa Walk is the retailer’s largest in the country, with recent changes in regulations reducing costs for an operation of this size and opening the path for similar formats going…
Steve Madden has opened its first store in Malaysia in partnership with retail group Valiram. Following success in Singapore, Steve Madden Malaysia marks the label’s second boutique launched by Valiram. “It is an absolute privilege for us to present yet…
Global luxury fashion brand Louis Vuitton has launched an e-commerce offer specifically for Singapore and Malaysia. Exclusive products will feature on the brand’s new online service, as well as its ready-to-wear items for men and women, bags, leather goods,…
Global cosmetics firm Natura has launched its business in Malaysia with a pop-up store in Sunway Pyramid, Petaling Jaya. The pop-up store will serve to introduce the brand and its products to consumers via a series of interactive experiences, including a…
The program, now in its third edition, aims to help startups, SMEs and businesses adopt digital technology to drive productivity and growth. Sixteen Malaysian SMEs have been selected to take part in UOB’s three-month-long digital accelerator program, the bank…
Retail Academy: Malaysia
Free background guides on how retail works in this market.
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
Weekly Briefing
Asia's retail intelligence, in your inbox
Tuesday, Thursday and a Saturday Weekly Wrap: the retail stories, numbers and moves that mattered across Asia. Nothing else, and you can unsubscribe in one click.
Top industry moves and market shifts
Weekly data-driven analysis from across Asia
Tuesday, Thursday and the Saturday Weekly Wrap
Read by retail operators, investors and brand teams across Asia.