Dairy Farm, through its Malaysian subsidiary, has opened its first store in Cambodia, with the launch of a Giant hypermarket in the capital city.
New shopping malls aiding modern retail expansion
The first store has opened in the Phnom Penh Grand City Mall and will kick start the expansion plans for the retailer into the market. New locations are becoming increasingly available for retailers in Cambodia's capital city as new shopping malls start to open and although the modern trade market remains under developed currently, over the coming years we expect a significant number of retailers to grow their presence in the country.
Second hypermarket to open later this year...
According to press reports, a second Giant store is planned to open soon, in the new Parkson Phnom Penh City Centre mall that is currently under construction and due to open later this year. Dairy Farm International Indochina CEO, Paul Sheldrake, said that the new Giant store will offer a new experience and choice for Cambodians, with its brand name health and beauty products and housing accessories.