Malaysia - News & Analysis

11 May 2020
Marks & Spencer Food partners food-delivery app Foodpanda in Hong Kong, Singapore and Malaysia. Delivery under 30 minutes The partnership will make packaged food and wine available for delivery within 30 minutes in areas near existing M&S Food stores. Foodpanda has developed a grocery delivery service, Pandamart, which has been incorporated into its existing meal delivery app. Shoppers will...
29 April 2020
The coronavirus outbreak has changed Asian consumers’ habits, especially in Hong Kong and China. A trend that can be seen across markets Survey research shows a high share of consumers claimed they prefer to eat at home more often now than they did in the pre-COVID period. The trend can be seen in several Asian markets, but is much more pronounced in China and Hong Kong: China : 86% ...
16 April 2020
Beauty-products retailer, Sa Sa International, has posted its Q4 results. Group turnover fell 56.5% to HKD892.4m (US$115.1m). Multiples factors impacting turnover The significant decline in Group turnover was partly due to the closure of Sa Sa’s Singapore business. Sales to mainlanders in Hong Kong and Macau fell 80.8%, as consumer sentiment and travel restrictions following Coronavirus (CO...
03 April 2020
Aeon, which operates shopping centres and hypermarkets in Malaysia, is expanding its drive-through locations to support shoppers looking to socially distance themselves and avoid interaction with others during the pandemic. Service expanded to 28 outlets Shoppers using the service can pre-order products online. Personal shoppers will collect the order in-store and prepare the items for pick...
26 March 2020
Tesco Malaysia has created a cheeky shopping guide for male shoppers as only heads of households are allowed to shop for the family during the lockdown period ordered by the government. Source: Tesco Malaysia Serving customers, a little better Shoppers have been posting photos of male shoppers struggling to buy the right products in supermarkets on social media as their wives are usua...
09 March 2020
Tesco has announced that it has reached an agreement with CP Group with respect to the sale of its Asian business that values it at $10.6bn (£8.2bn). In a statement, Dave Lewis Group CEO said "Following inbound interest and a detailed strategic review of all options, we are announcing today the proposed sale of Tesco Thailand and Tesco Malaysia. This sale releases material value and allows us...
06 March 2020
Leading e-commerce platform Shopee is trialling fresh grocery delivery to drive growth in Malaysia. Fresh food pilot programme The pilot service will include vegetables, seafood and poultry and be available in the Klang Valley of Kuala Lumpur. It is partnering with Fresh Tap and Fish Club. Fresh Tap sells a mix of vegetables, beans, poultry and seafood. Fish Club brings fresh catch from a l...
05 March 2020
Dairy Farm has reported a mixed set of results for the fiscal year ended 31 st December 2019. Performance of its Southeast Asia Grocery Retail and Health and Beauty businesses improved, but underlying profit for the Group was impacted by social unrest in Hong Kong. Sales growth from 4 out of 5 divisions, but 2019 sales down 4.7% Dairy Farm’s sales in 2019 fell 4.7% to US$11.1bn year-on-yea...
03 March 2020
7-Eleven Malaysia Holdings Bhd’s total sales in FY 2019 reached MYR2.4bn (US$570m), up 6.4% from MYR2.2bn (US$523m) in the previous year. News stores, better promotions The higher revenue was driven by the growth in new stores, higher customer count, higher average spend per customer and better consumer promotion activity. Revenue from fresh food segment is above 3.5% of total revenue which...
26 February 2020
AEON has announced a 4.3% growth in revenue and 3.97% growth in profits in Malaysia for FY 2019. Growth driven by store refreshments The group grew net profit to MYR109.29m (US$25.8m) for the full year FY19, from MYR105.12m (US$24.88m) in FY18. Revenue also grew 4.3% to MYR4.54bn (US$1.07bn) from MYR4.35bn (US$1.03bn) in the previous year. The higher revenues are attributed to newly renovat...