Retail News CRM

Tag: Malaysia

  • A force in the property market

    A force in the property market

    ZEON Properties Group, the exclusive event partner of the StarProperty.my Fair 2016 that opens in Gurney Plaza and Gurney Paragon Mall in Penang today, is a real estate powerhouse.

    Among the most recognised brands in the industry in Malaysia, it has a dynamic 500-strong team of operations personnel and agents in several countries throughout South-East Asia.

    The company has based its international headquarters in Penang at the Maritime Automall in Persiaran Karpal Singh and there are many other branches and broker offices also established in major cities.

    It is spearheaded by group CEO Leon Lee (pic), a visionary and resourceful leader who also founded the group and is leading it towards success both in Malaysia and internationally.

    Lee is a civic-conscious citizen, having contributed substantially towards society as the incumbent Penang Chinese Chamber of Commerce (Young Entrepreneur section) state chairman-cum- director and deputy chairman of the National Young Entrepreneur Committee.

    He is also the Penang state advisor for the Malaysia Entrepreneurs’ Development Association and deputy chairman of the ASEAN Retail-Chains and Franchise Federation Northern State Liaison.

    His other accomplishments include being a past president of JCI United Penang and Assistant District Commissioner George Town (North) 2007 of the Scout Association of Penang.

    Lee was named Young Entrepreneur of the Year (2013) in the McMillan Woods Global Awards.

    Zeon Properties Group is also the preferred marketing arm for over 10 projects in Malaysia which property buyers and investors can check out at the fair.

    Besides real estate and marketing, the company also specialises in real estate investment advisory, foreign direct investment, international project marketing, and retail planning and consultancy.

    It is also involved in the Malaysia My Second Home programme plus property development and management, offering the best of services with the highest professionalism and efficiency.

    Zeon Properties Group’s subsidiaries encompass Zeon Properties Kuala Lumpur, Zeon Properties Singapore, Zeon Properties Indonesia, Zeon Properties Hong Kong, Zeon Properties China, Zeon Properties Taiwan, Zeon Properties MM2H International Sdn Bhd, Zeon Land Sdn Bhd, Zeon Computer Sdn Bhd and Zeon Online Sdn Bhd.

    Meanwhile, its retail division engages in a number of different businesses which include the Hairstory chain, Karpal Singh Drive Food Court, Macau Street restaurant, Iyara Thai Restaurant, and entertainment outlets like The Bank, Wine and Cigar, Whisky and Champagne, Levels and Studio Room.

    As a new age integrated property and infrastructure solutions provider, Zeon Properties Group is proud of its brand that is built on core values of passion and excellence that resonate with brokers, agents and consumers.

    Its global reach and understanding of property enables it to achieve the best outcomes for all stakeholders.

    To find out more about its offerings, visit the company’s booths at the fair that runs until Sunday and is open from 10am to 10pm.

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  • 7-Eleven Malaysia launches 2000th store

    7-Eleven Malaysia launches 2000th store

    7-Eleven Malaysia Holdings Bhd’s wholly owned subsidiary has launched its 2000th store in Malaysia.

    7-Eleven said the store at The Scott Garden in Old Klang Road reflected the current 7-Eleven convenience store format, which was being rolled out across Malaysia via a programme of store refurbishments and new stores since late 2013.

    “At our listing in 2014, we discussed our expansion plans and our intention to increase our number of new stores by 600 over the next three years from 2014 to 2016.

    “We are very pleased to have reached this historic milestone of 2000 stores but it’ll be business as usual as we have no intention of stopping here and will continue with our rapid store expansion,” 7-Eleven Malaysia Sdn Bhd CEO Gary Brown said in a statement.

    “We are also pleased to be able to showcase here today our latest product and service innovations which sets us apart from other convenience stores in Malaysia with a strong emphasis on best in class fresh food and beverage such as our well-received RM2 Fresh to Go hot beverages,” he added.

    2000th store opening image

    In the statement, 7-Eleven said during the opening ceremony, there was a tour and brief on the current innovation of the stores.

    It noted that the current generation 7-Eleven convenience stores was to encourage customers to see 7-Eleven as a lifestyle concept, where they can enjoy the range of products on offer by spending time at the store, similar to a neighborhood café.

    In addition to this, 7-Eleven Malaysia has increased its range of product and services to customers by providing Touch ‘n Go reload services, bill payment for utility providers, online purchases payment through MOLPay, point-of-sales activated (POSA) gift cards and parcel locker services in partnership with BoxIt.

    “It is important to us to continue to innovate on not only our product offering, but to also play more of a role in the daily lives of our customers. By offering these services, we can offer a whole new level of convenience in Malaysia and we continue to be the leader for the convenience sector.

    “We are enthusiastic about the future and will continue to deliver the best possible product, services and promotional offerings at our stores based on what our consumers want,” Brown said.

  • Turnover falls for Sa Sa International

    Turnover falls for Sa Sa International

    Sa Sa sales are slowing, despite an improvement in Mainland Chinese visitor numbers.

    Retail and wholesale turnover for cosmetics retailer Sa Sa International Holdings fell by 5.7 per cent for the first quarter to June 30, according to unaudited data.

    Turnover dropped 5.4 per cent to HK$1384.9 million (US$178.585 million) in the Hong Kong and Macau markets, while same-store sales decreased by 4.8 per cent. While there were only slightly fewer transactions, their average value fell 5.7 per cent.

    In other markets, including China, Malaysia, Singapore and Taiwan as well as Sasa.com, retail and wholesale turnover dropped 7 per cent to HK$1717.1 million for the quarter.

    While still in decline, the group’s retail sales in Hong Kong and Macau recorded a notable improvement compared to the last quarter of the last financial year, the company attributing this to traffic growth of 2.7 per cent among mainland customers.

    “Their consumption continued to be on the weaker side, with spending declining by 6.4 per cent per transaction. Local consumption sentiment remained sluggish,” says the company.

    Improved sales performances were partially because of the group’s efforts to adjust product offerings to meet market demand.

    As at June 30, the company had 112 stores in Hong Kong and Macau, a drop of one from the start of the quarter. At 55, there were two fewer stores on the mainland, Singapore was steady at 23 stores, Malaysia’s 67 stores included had one more outlet, and Taiwan also lost a store for a total of 31. Overall, the company had 288 stores, down from 291.

    Sales performance during the period was affected by a series of factors, says the company, so the data for the period may not be able to reflect the overall performance of the reporting period.

  • SCR Corp set to move into Indonesia

    SCR Corp set to move into Indonesia

    Sarawak (Malaysia) restaurant chain SCR Corp is set to move into Indonesia, first targeting Pontianak in Borneo as well as Jakarta.

    GM (franchising and strategic planning) Johnny Leo Lee Boon says the company is ready to launch its franchise business once potential partners have secured prime locations in the two cities. He says business groups from Pontianak and Jakarta have visited Sarawak several times to study the chain’s franchise business model.

    “They have come up with proposed secondary locations to set up SCR restaurants that we find may not be ideal,” he says. “We advise them to look for strategic prime locations where there are good daily crowds… The ball now is in their court.”

    Leo says Jakarta has more than 70 malls that are ideal for F&B, while Pontianak with its population of about 1.6 million people could also support the franchise.

    SCR, which celebrates its 30th anniversary next year, owns 36 restaurants and has 19 franchised outlets in Sarawak, Sabah, Labuan and Brunei. Fourteen of the owned outlets and five franchises are in Kuching. The menu features 110 local and western dishes and beverages, with Singapore chicken rice the signature dish.

    Leo says SCR is also in preliminary talks with a company in the Philippines about franchising, and its executives are expected to visit soon.

    Meanwhile, SCR will soon open its first franchise outlet in Lawas, northern Sarawak, and there are expansion plans to to Kapit once the road link is ready.

    “The food business market in Sarawak is saturated,” says Leo. “We are consolidating and limiting the number of outlets in certain towns. Our focus is to expand our franchise business to more countries in Asean.”

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  • Bursa Malaysia expected to trade higher next week

    Bursa Malaysia is likely to trend higher next week on improved sentiment including Bank Negara’s overnight policy rate (OPR) cut, rebound in oil prices, global bank stimulus and a stronger currency.

    Affin Hwang Investment Bank Vice-President and Retail Research Head, Datuk Dr Nazri Khan Adam Khan said the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was ready to stage further upside if the ringgit and commodities continued to strengthen.

    He said the local bourse should be catalysed by Bank Negara’s unexpected move to reduce the OPR to 3.00% from 3.25%.

    “The index should be bullish with the rate cut although the broad market is slow to react.

    “We see the OPR cut as a pre-emptive move to ensure that inflation remains under control and the economy remains on a steady growth path,” he told Bernama.

    This was confirmed by the Malaysian bonds three-year yield which dropped to its lowest level since 2009 and a stronger ringgit which hit a 10-week high against the US dollar this week, he added.

    He said technically, the FBM KLCI had broken out from its consolidation zone and was still looking to test its immediate resistance level at 1,680.

    “Overall, given the buoyant mood coming from global markets as well as positive catalysts in the domestic front, we reckon that the FBM KLCI could be poised to trend upwards this week to break out from its consolidation zone,” said Nazri Khan.

    He said the upside resistance and downside support are now spotted at 1,700/1,680 and 1,650/1,630 levels, respectively.

    On Friday-to-Friday basis, the FBM KLCI rose 23.86 points to 1,668.40 from 1,644.54 recorded last week.

    The FBM Emas Index improved 190.22 points to 11,657.87, the FBMT 100 Index rose 184.2 points to 11,360.08 and the FBM Emas Syariah Index was 208.9 points higher at 12,228.11.

    On a sectoral basis, the Finance Index fell 22.19 points to 14,252.12, the Industrial Index increased 46.35 points to 3,140.55 and the Plantation Index improved 13.94 points to 7,531.31.

    Weekly turnover increased to 8.18 billion units worth RM9.37 billion from 2.87 billion units worth RM3.37 billion last week.

    Main market volume rose to 5.44 billion shares worth RM8.84 billion from 1.95 billion shares valued at RM3.21 billion previously.

    Warrant turnover swelled to 1.22 billion units valued at RM197.75 million from 446.69 million units worth RM75.04 million last week.

    The ACE market increased to 1.49 billion shares worth RM320.29 million from 471.92 million shares valued at RM89.36 million previously.

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  • Axiata details major organizational revamp

    Axiata details major organizational revamp

    Malaysia’s Axiata group has announced a major organizational and management shake-up across its group of companies, with the reshuffling or appointment of multiple new top executives.

    The company has embarked on a transformation as part of its strategy of executing its succession plan and strengthening its ability to manage an entity that has grown to more than twice its size since its inception.

    As part of the restructuring, Axiata has established a new unit to oversee its Southeast Asia operations. The current CEO of domestic mobile subsidiary Celcom Axiata, Dato’ Sri Shazalli Ramly, has been selected to take responsibility for all Southeast Asia operations.

    Axiata recently set up a similar unit to manage the operator’s South Asia operations and appointed Dr Hans Wijayasuriya, currently CEO of Sri Lanka’s Dialog Axiata, as regional CEO for South Asia.

    Celcom itself will meanwhile undertake an organizational refresh which will involve the establishment of a new executive committee, including the appointment of six new key senior positions.

    Axiata Group CEO and Celcom chairman Jamaludin Ibrahim will chair this committee.

    Former Robi Axiata CEO Michael Kuehner will meanwhile become the new CEO of Celcom starting in September.

    He will be assisted by two new deputy CEOs – Azwan Khan Osman Khan and Mohamed Adlan Ahmad Tajudin, who have been promoted from within the group.

    Celcom has also appointed a neew CFO – Jennifer Wong – a new chief human capital officer (CHCO) – Azmi Ujang – and a new chief transformation and digital officer – Azmi Ujang.

    Finally, Axiata Group has also named the planned successor for Wijayasuriya. Supun Weerasinghe will take over as Dialog’s CEO at the start of next year.  Weerasinghe is currently CEO of Robi Axiata, and will himself be replaced in this role by Robi COO Mahtab Uddin Ahmed.

  • Welcoming Australian FreakShakes in Asia

    Welcoming Australian FreakShakes in Asia

    Milkshake treats known as FreakShakes, devised by suburban cafe in the Australian capital of Canberra, have started making inroads to Asia.

    Patissez became a social-media sensation last year when it introduced its signature milkshakes piled with cookies, pretzels and even slabs of cake. Also known for its cakes and desserts, the family-owned patisserie was besieged by queues, so a second store was opened in the centre of the city.

    Now its first store outside Australia has been attracting crowds since opening in Kuala Lumpur last month.
    “We’re thrilled. The team in Kuala Lumpur is excellent,” says owner Anna Petridis. “The store is on Jalan Talawi, Bangsar Village, and it’s beautiful – everything a Patissez store should be. I plan to use that store as the model for all future outlets.”

    Patissez has also just opened in Singapore, in the new Raffles Holland Village. “It’s totally different to Kuala Lumpur but has its own flavour, which definitely suits the area and local market,” says Petridis.

    Now the company is planning more store locations in Kuala Lumpur and Singapore, plus expansion into Bangkok, Beijing and Shanghai. As part of this growth, it is setting up the “Patissez Exchange” which will enable staff members at any level to have the chance to work in the international stores.

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  • Banila Co moves into Malaysia

    Banila Co moves into Malaysia

    South Korean cosmetic manufacturer Banila Co has launched outlets in Malaysia, its fourth overseas market following China, Taiwan and the Philippines.

    Banila says its first cosmetics store in Malaysia opened in Mid Valley Mega Mall, the largest shopping complex in Kuala Lumpur, with its second store opening in Sunway Pyramid, also in the capital.

    Its first foray overseas was into China in 2009, where it now has about 160 shops. It also has a flagship store in Taiwan’s capital, Taipei.

    Celebrating its 10th anniversary last year, the brand aims to establish consumer awareness through outlets at shopping malls.

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  • HTC 10 will launch in Malaysia on 14 July with RM 2799 price tag

    HTC 10 will launch in Malaysia on 14 July with RM 2799 price tag

    HTC Malaysia has announced that HTC 10 will be launched in Malaysia on 14 July 2016. The HTC 10 will be sold with the retail price RM 2,799 for the 32GB version.

    HTC 10 had been spotted at the SIRIM database in June featuring specifications such as 5.2 inch QHD screen, powered by Snapdragon 820 and equipped with 4GB of RAM and 32GB of storage.

    htc-10-rear

    HTC 10 has 12MP UltraPixel 2” f/1.8 rear camera with optical image stabilization and laser autofocus support and the front camera is using a 5MP Ultrapixel image sensor.

    The HTC 10 adopts a 3,000 mAh capacity battery that support Quick Charge 3.0 and it also features USB Type-C. The fingerprint sensor is at the front panel and it is running Android 6.0 Marshmallow with HTC Sense UI.

    In 11street , the HTC 10 is available for pre order now with the retail price of RM 2,799 for the 32GB model.

     

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  • French sports equipment store Decathlon making big foray in Malaysia

    French sports equipment store Decathlon making big foray in Malaysia

    French sports equipment chain store, Decathlon, is embarking on an aggressive expansion in Malaysia by targeting to open up to 60 stores within the next decade. Decathlon Malaysia chief executive officer Tom Meng said the expansion was in line with the company’s global strategy to triple its stores worldwide to 3,000 in the next 10 years from 1,000 currently.

    “For the first three years in Malaysia, we will open 10 stores with at least five in the Klang Valley,” he told Bernama at the launch of the company’s maiden Malaysian store in Kuala Lumpur recently. He, however, declined to reveal the investment commitment for the expansion.

    Meng said the company would also expand to other locations nationwide with Penang and Johor among the targeted destinations. He said the company’s strategy in the country was to open large stand-alone stores with retail areas of up to 6,000 sq m and offering only in-house brands. “Currently, we have over 20 such in-house brands,” he added.

    On its first store, Meng said the outlet, classified as a “retailer flagship store”, covered an area of over 2,500 sq m and offers more than 95,000 apparel, equipment and footwear products at competitive prices.

    Established in 1976, Decathlon currently has a presence in over 30 countries and has a staff of 70,000 globally. Malaysia is the third country in Asean to house a Decathlon store after Singapore and Thailand.

  • New Ippin mall offers Japanese goods

    New Ippin mall offers Japanese goods

    An eCommerce company that sells printer inks and sanitary napkins, C-Connect, has launched Ippin, an online shopping mall that specialises in direct sales and distribution from Japan to other countries.

    Ippin not only sells products made in Japan, but also “Produced by Japan” and “Popular in Japan” items. Customers can buy directly from 18 regions and countries, though the initial target is mainly China and Southeast Asian countries.

    Categories include food, fashion, cosmetics, children’s and baby items, and electric appliances.
    Independent websites are provided for each country, such as China, Singapore and Malaysia, with recommended item rankings and payment methods (16 currencies) to suit the market, such as credit cards, Alipay and Paypal.

    Users can choose from three languages (English, Chinese and Japanese) with more to be introduced.

    C-Connect was founded in 2009.

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  • 2016 Porsche Macan retail prices confirmed, from RM415,000

    2016 Porsche Macan retail prices confirmed, from RM415,000

    Sime Darby Auto Performance (SDAP), authorised importer of Porsche vehicles in Malaysia, has finally confirmed prices for the entry-level Porsche Macan. Starting at RM415,000, the confirmed base prices are some RM20,000 lower than was previously indicated during the launch, at RM435,000.

    The updated Macan features minor styling enhancements, added standard infotainment equipment such as the Porsche Communication Management system (PCM) and a power hike of some 15bhp, now totalling 252bhp between 5,000rpm and 6800rpm, while a 20Nm increment of torque now totals 370Nm, enjoyed between 1,600rpm to 4,500rpm.

    The optional list of equipment is exhaustive, as with any Porsche – including Porsche Dynamic Light System Plus (PDLS Plus) which continuously adjusts the headlight level and the Sport Chrono Package which cuts down 0.2 seconds on the 0-100km/h sprint to just 6.5 seconds.

     

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  • Zalora Scholarship is now open

    Zalora Scholarship is now open

    Asian eCommerce company, Zalora, has relaunched its scholarship program, now on its second year.

    The theme for the Zalora Scholarship this year is “Function Vs Fashion: How the Two Coexist in (Major) Trends Over the Decades”.

    The online retailing company says the fashion-meets-function trend is growing rapidly now, more than ever as wearables flood the market. One prime example is the activewear industry as fitness wear becomes more than just clothes for working out.

    The Zalora Scholarship will award six tertiary students from the Philippines, Singapore, Malaysia, Indonesia, Hong Kong and, for the first time, Taiwan, with a grant and internship at Zalora offices.

    Applicants may submit their entry in the form of an essay or infographic. Winning entries will be selected based on creativity, innovation and relevance to the theme as well as analytical skills and academic results.

    Michele Ferrario, CEO of Zalora Group said: “As Asia’s online fashion retailer, we’re dedicated to continuously recognise and support the most promising talents in the region who desire for a career in fashion. We believe this will not only help develop and groom the future leaders of this industry but also contribute to the growth of eCommerce in Asia.”

    Zalora welcomes applicants from all tertiary institutions that fall under Zalora Partner Institutions in Singapore, Hong Kong, Indonesia, Malaysia, Philippines and Taiwan. One student from each of these countries will be offered a scholarship.

    Applications will close at 11:59 PM (GMT) on July 31.

  • Giants fulfills CSR at bubur lambuk distribution

    Giants fulfills CSR at bubur lambuk distribution

    GCH Retail (Malaysia) Sdn Bhd held its Bubur Lambuk Corporate Social Responsibility (CSR) programme at Giant Hypermarket Petra Jaya here yesterday.

    Themed ‘Ceria Ramadan bersama Giant & Adabi’, the event saw the presence of Assistant Minister for Early Childhood Education and Family Development Sharifah Hasidah Sayeed Aman Ghazali who distributed the popular must-have Ramadan dish to people from all walks of life at the mall.

    GCH Retail general manager Johalias Fazili Fazi and senior manager (Government Relations) Mohd Shahrizal Ayub were also present.

    In addition to preparing the ‘bubur lambuk’ and distributing them to the people, GCH Retail also donated RM5,000 to Kompleks Kebajikan Laila Taib.

    About 30 children from Kompleks Kebajikan Laila Taib were accompanied by Hasidah on a shopping spree at the hypermarket mall during the event.

    Now in its fourth year, the annual programme was first introduced in 2013 and have since received great response from the people nationwide.

    GCH Retail Malaysia & Brunei regional director Dato Tim Ashdown in a statement said Giant was honoured to once again organise the programme for a charitable cause as well as to foster closer ties among GCH Retail and the people especially the needy.

    “We will continue this commitment of ours to hold this charitable effort in the future.”

    This year, visitors of Giant Hypermarket will be able to receive their complimentary bowls of ‘bubur lambuk’ from noon onwards at selected Giant Hypermarkets in seven locations nationwide.

     

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  • Joyalukkas inaugurates second showroom in Kuala Lumpur

    Joyalukkas inaugurates second showroom in Kuala Lumpur

    The globally renowned jewellery retail chain  expanded its presence in the Malaysia by opening its second showroom, located in  Lulu Hypermarket, Capsquare Mall, Jalan Munshi Abdullah, Kuala Lumpur.This is  as part of their mega expansion plan for this financial year as committed rapid  expansion across. The Showroom was inaugurated by Datin Paduka Seri Rosmah  Mansor wife of YAB Dato' Sri Mohd. Najib bin Tun Haji Abdul Razak, Hon.  Prime Minister of Malaysia in the presence of Mr. John Paul Alukkas, Executive Director, Joyalukkas Group, many local dignitaries and VIP’s.

    Joyalukkas’s first foray into Malaysia was in 2014, with the opening of the biggest jewellery showroom in the country at the heart of Kuala Lumpur at Jalan Masjid India.

    “When we first arrived in Malaysia, the response from the public was simply  overwhelming. We set out to offer the best jewellery shopping experience to the  residents and they have rewarded us over and over again with their eager  patronage,” says Mr. Joy Alukkas, Chairman & MD, Joyalukkas Group.

    “We are very grateful to the wonderful people of Malaysia and look forward to  delivering more choices, better value and an even higher standard of customer  service at our second showroom,” said Mr. John Paul Alukkas, Executive Director,  Joyalukkas Group.

    Joyalukkas opened at the Lulu Hypermarket and Department Store, Capsquare, Kuala Lumpur in time for the Mega Winnings campaign, where customers get the chance to win four diamond necklaces and up to 2 KG gold till 14 August 2016.

    Joyalukkas opened at the Lulu Hypermarket and Department Store, Capsquare,  Kuala Lumpur in time for the Mega Winnings campaign, where customers get the  chance to win four diamond necklaces and up to 2 KG gold till 14 August 2016.

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