Steady growth despite GST
Retail market grew in tandem with the country’s 4 decades of GDP growth despite the enforcement of GST in April, 2015. Malaysia retail market YOY growth registered 8.1 percent in 2015 and 8.7 percent in 2016…
Cautious bottom line
Retailers strive to reap a balance between sales and costs. 8 out of 15 major retailers scrutinised in this report were observed to have a negative financial performance. Their net profit worsen even though most outperformed in sales…
Review of business models by foreign retailers
Foreign retailers have come to grips with the realisation that business models which emphasised on the bigger the better concept, need to be reviewed. Hypermarket players such as Tesco, Giant, AEON BiG and AEON in department store cum supermarket channel have gained significant market leadership…
Channels enduring the test of times, contemplating the survival of the fittest regimen
It is obviously clear which channels are able to retain the label of being winners or strugglers. All major channels grew positively in the past 5 years, 2009-2014. Malaysia retail market growth has been 2-3 points above GDP growth…
Category specialist, a force to be reckoned with
Still expanding aggressively through shopping complexes. 2/3 of Malaysian retail market is made up of category specialists. Revenue of category specialists are at an upsurge. The rampant development of shopping complexes may have expanded category specialists’ reach of high shopper catchment area…