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7-Eleven Malaysia said to weigh selling drugstore chain Caring

Convenience store operator 7-Eleven Malaysia Holdings Bhd is weighing exiting its pharmacy chain, according to people with knowledge of the matter.

World Business Quick Take - Taipei Times

NEW ZEALAND <strong>Inflation at 32-year high</strong> Inflation in the second quarter of this year rose to a 32-year high of 7.3 percent year-on-year, official figures released yesterday showed. The main drivers were rising fuel, food and housing costs, said Stats NZ, putting inflation at a level last seen in 1990. “Supply chain issues, labor costs, and higher demand have continued to push up the cost of building a new house,” said Jason Attewell of Stats NZ. Earlier this month, the central bank raised its benchmark interest rate to its highest level in six years and said further rises could follow. INDIA <strong>Growth forecast

World Business Quick Take - Taipei Times

How Many Caring Pharmacy In Malaysia?

More than 120 pharmacies in Malaysia are members of the Care Pharmacy retail pharmacy chain. A team of five pharmacists, who were together at the School of Pharmacy, Universiti Sains Malaysia (USM), founded CARiNG Pharmacy in 1994. Table of contents 1. How many pharmacies are there in Malaysia? 2. How many CARiNG pharmacy outlets are […]

Cover Story: MyNews, 7-Eleven, Mr DIY top picks for convenience, speciality stores

Cover Story: MyNews, 7-Eleven, Mr DIY top picks for convenience, speciality stores The Edge 13/5/2021 Supriya Surendran © Provided by The Edge OPERATORS of mini-marts, convenience stores and cooperatives anticipate that revenue growth will be maintained this year after a strong 2020. First-quarter 2021 (1Q2021) growth is projected at 12.5%, according to an industry report. Retail growth for the furniture and furnishings, home improvement as well as electrical and electronics subsectors is pegged at a higher 14.6% in the first three months, states the Malaysia Retail Sales Report by Retail Group Malaysia. From a stock perspective, analysts are sanguine about the prospects of convenience store operators such as MyNews Holdings Bhd, 7-Eleven Malaysia Holdings Bhd and QL Resources Bhd, as well as home improvement retailer Mr DIY Group (M) Bhd. We take a closer look at the stocks.

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