Malaysians, get ready to bid farewell to several hypermarkets :(
Reports reveal that 5 Giant outlets will be closing down by 5th November. This information was confirmed by Giant owner, GCH Retail (Malaysia) Sdn Bhd yesterday (Thursday, 26th October). According to GCH Retail, the affected outlets have reached the end of its lease term.
The 5 Giant hypermarkets that will cease operations are:
- Giant Sri Manjung (Perak)
- Giant Sungai Petani (Kedah)
- Giant Shah Alam City Centre (Selangor)
- Giant Selayang Lama (Selangor)
- Giant Sibu (Sarawak)
GCH Retail, who currently operates 54 stores in Malaysia, also announced that the Giant outlet in Bercham, Perak, will be moved to a new location. The new venue is said to be much more spacious – it doubles the size of the current store – and will provide more offerings and product options.
“In addition, by the end of this year, GCH Retail will be relaunching a new exciting concept store by Cold Storage in KLCC (Kuala Lumpur City Centre). The group will continue to deploy its resources to raise the bar to create positive retail experiences for our customers. We look forward to serve our customers in all our stores located across the country,” the statement by GCH Retail reads.
Besides Giant, GCH Retail also owns Cold Storage, Mercato, and Jasons Food Hall stores.
Source: Beetify/ Featured image: Bernama.