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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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19 Aug 2016

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Latest Malaysia retail stories

parkson
Wei ZhangFashion

Parkson Retail Asia cuts Q4 loss by 80%

South-east Asian department store operator Parkson Retail Asia narrowed its fourth quarter net loss by 80 per cent, owing to the absence of costs associated with a store closure a year earlier. Parkson, which does not have stores in Singapore, reported a net…

pokemon go
Wei ZhangElectronics

Pokemon Go game changer in Malaysian retail scene?

The runaway success of augmented reality game Pokemon Go can be a potential game changer in the local retail scene. UOBKayHian said in a report that the game could also be seen as a revenue booster for retail real estate investment trusts (REITs) and modestly…

luxasia
Rajiv MenonE-Tailing

New post at Luxasia Group for SingPost’s ex-boss

Beauty retailer The Luxasia Group has appointed former SingPost CEO Dr Wolfgang Baier as group CEO, while founder/owner Patrick Chong has become chairman. “Luxasia is now at an important crossroads,” says Chong. “We intend to grow with our international…

mister minit
Wei ZhangFashion

Faster roll-out for Mister Minit Asia

Australasian services retailer Mister Minit is to expand its retail presence in SE Asia after stellar growth in Malaysia and Singapore. The company says it is experiencing an increasing appetite for its personal services among time-poor shoppers. For the…

sunway malls
Sarah ChenGeneral

Sunway Malls to Activate Pokémon Go Lure Modules

Starting tomorrow, Sunway Malls will be activating Pokémon Go lure modules at certain hours and at certain Poké stops for Pokémon Go fans. The participating malls from the Klang Valley are Sunway Pyramid, Sunway Putra Mall and Sunway Giza Mall. Sunway…

Bursa STOCK 130214 TMIAFIF 002
Sarah ChenFinance

Bursa Malaysia opens slightly higher

Bursa Malaysia opened slightly higher on Tuesday, extending yesterday’s gains but mild profit-taking in selected heavyweights limited the gains, dealers said. At 9.10am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was 0.40 point better at 1,673.08,…

Velocity Shopping Mall 2000x1048
Wei ZhangReal Estate

Two more Kuala Lumpur malls opening

Two Kuala Lumpur malls, collectively offering more than 2 million sqft (185,806 sqm) in net lettable area, will open in Cheras, Klang Valley, by the end of the year. Moreover, the MyTown Shopping Centre (below picture) and Sunway Velocity Mall (above picture)…

mandiri
Minjun ParkFinance

Bank Mandiri to grow Malaysian operations

PT Bank Mandiri Tbk, Indonesia’s largest bank by assets, could soon operate here with full banking rights. The move comes after financial authorities from Indonesia and Malaysia signed a bilateral agreement earlier this week, allowing greater access to…

VT ATF AirAsia India Airbus A320 VOBL DSC 2983
Rajiv MenonGeneral

AirAsia may launch sale of leasing arm, valued at RM4b

AirAsia Bhd, Asia’s biggest budget airline, will kick off the sale of its leasing unit this month, seeking to cut debt with a deal that could value the business at about US$1bil (RM4.04bil), people familiar with the matter told Reuters. A successful deal…

shell
Maria SantosLiving

Shell Malaysia to open dozens of new stations to keep market lead

Shell Malaysia Trading Sdn Bhd plans to open more than 20 new petrol stations to maintain its leadership in the retail fuel market in the country. About a third of these stations, according to theedgemarkets.com quoting Shell managing director Datuk Azman…

nike store the grove golf original
Wei ZhangFashion

Is Nike golf equipment journey ending?

Nike is phasing out its golf equipment business to focus on shoes and apparel. The company has announced it is accelerating its footwear and apparel business and will transition out of Nike golf equipment range – including clubs, balls and bags. “We’re…

duck scarves 1 e1404919379359
Wei ZhangE-Tailing

Duck Scarves spreads wings to mall

Founded by Malaysian blogger and fashion entrepreneur Vivy Yusof, online fashion outlet Duck Scarves has come to ground, opening its first store, in Pavilion Kuala Lumpur. Since launching in May 2014, Duck products have become known for their presentation and…

banking
Maria SantosFinance

‘Bilateral agreement will give players greater banking access’

Top Malaysian financial players with a presence in Indonesia lauded the bilateral agreement between Indonesia and Malaysia, saying it will pave the way for greater access to conventional and Islamic banking. CIMB Group chief executive officer Tengku Datuk…

halal ecommerce
Sarah ChenGeneral

Indonesia joins Malaysian halal e-commerce

The Indonesian Chamber of Commerce and Industry (Kadin) has joined Malaysia’s halal e-commerce website to tap into a larger international consumer base for local products, while at the same time giving local consumers easier access to imported halal products.…

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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