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Giant in Malaysia to focus on small format stores

GCH Retail, which operates grocery stores under Giant, is ready to expand its business by growing small stores. ....

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Dairy Farm poised to snap six-year losing streak in Malaysia

IRONICALLY, the Covid-19 pandemic proved a plus point for foreign grocery chain Dairy Farm International Holdings Ltd (DFI), whose Malaysian operations look set to post a profit for the first time since 2013.
The turnaround may be evident as early as the current financial year ended Dec 31, 2020, as the retailer’s transformation exercise starts to bear fruit after some aggressive measures including the closure of dozens of Giant and Cold Storage branded stores.
Ongoing changes through GCH Retail (Malaysia) Sdn Bhd, which operates DFI’s chain of hypermarkets and supermarkets in Malaysia, include the revamping, resizing and repositioning of stores, which total 58 today less than half the 122 outlets it had in 2018. ....

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