Malaysia - News & Analysis

22 March 2013
Tesco demonstrates its commitment to digital retailing through the introduction of its second online shopping platform in Asia. The launch in Malaysia comes weeks ahead of Thailand, whilst the launch in China is expected in the summer. Expanding online grocery services in Asia Speaking at the World Retail Conference in Singapore Tesco CEO Philip Clarke spoke about how digital is intrinsi...
20 March 2013
In a speech to the World Retail Congress in Singapore, Tesco CEO Philip Clarke has outlined how the industry needs to 're-tool' for the 21st century to adapt to fundamental changes in the way people shop. Building on last year's Congress, when he discussed how shopping behaviour is changing, the Tesco CEO highlighted three areas where he believes the industry needs to make profound changes...
11 March 2013
Dairy Farm reported sales of USD 9.8bn for full year 2012, an increase of 7% year-on-year, with mixed fortunes across its operating markets. Overview of performance in 2012 Dairy Farm's overall performance was positive in an increasingly challenging trading landscape. Decline in underlying profit was attributed to accounting errors in its Malaysian operations - adjusted figures showed an...
23 January 2013
Tesco has appointed George Fischer as its new CEO in Malaysia.  Tesco welcomes George Fischer as its new CEO in Malaysia, from his previous roles as chairman of the management board at Lidl Belgium. The new appointment will be effective this month. Fischer replaces former Malaysia CEO SungHwan Do, who will move from the post to an international bridging programme under Tesco. Malaysia's g...
16 January 2013
Aeon plans to complete the rebrand of 26 hypermarkets by April. The action follows Aeon's acquisition of Carrefour's Malaysian operations last October. Aeon's RMB 100m investment Malaysian newspapers report that Aeon has allocated RMB 50m to rebrand the stores under the Aeon Big banner. Two stores have already been rebranded, with the rest to follow in the coming months. A second phase...