It appears more and more stores are raising prices in the coming months. After Eco-Shop Malaysia announced a 20-cent price hike on all items nationwide, its competitor Ninso Malaysia also announced a similar price increase.
The convenience store recently shared a notice on their social media pages, announcing the change in their pricing. According to the notice, all Ninso Malaysia stores nationwide will increase prices from RM2.40 to RM2.60 in Peninsular Malaysia and from RM2.60 to RM2.80 in Sabah and Sarawak. The new prices will take effect at all outlets starting 14th April 2025, so customers can still enjoy the usual price until then.
In the post, Ninso Malaysia also explained the reason for the price change. The company said it’s to accommodate the rising cost of operations and production of items. At the same time, the notice said that inflation and the supply and demand factors in the market also played a role. However, Ninso Malaysia added that it will continue expanding its operations across Malaysia so more customers can enjoy its products.
Netizens and customers have since reacted to the news, with many expressing disappointment over all the recent price hikes. It’s worth noting that Eco-Shop Malaysia also prompted similar responses after announcing its new prices earlier this March. Some even joked that the two companies were in cahoots to increase prices together. However, some said the price hikes are unavoidable given the current economic conditions.
Like its competitors, this isn’t the first time Ninso Malaysia has increased its prices since starting operations in 2017. The company began selling items for RM2.10 each in its Peninsular Malaysia outlets. However, it increased prices to RM2.20 in December 2021. Ninso Malaysia would then raise prices again to RM2.30 in 2022. By 2024, each item in the store will cost RM2.40.
It seems the price increase is inevitable, but what are your thoughts on this? Will you continue shopping at Ninso Malaysia? Or will you shop elsewhere?
Source: Facebook
