5 Giant supermarkets close on Nov 5

giantPETALING JAYA: Five Giant supermarkets are to close operations from Nov 5.

A statement released by GCH retail (Malaysia) Sdn Bhd said the decision to close was taken after it had “reviewed its operations and in order to improve efficiencies and productivity”.

It said the outlets were in Sri Manjung, Sungai Petani, Shah Alam City Centre (SACC) Mall, Sibu and Selayang Lama.

They will close when the leases expire.

It is not known what will happen to the staff affected by the closures.

It is to be noted that other supermarkets, like Tesco, exist in many of the spots these five Giant outlets are operating.

In the same statement, Giant said it will relocate its Bercham store to expanded premises.

“This will double the size of the store which will provide more offerings, a bigger range of products and more convenience for its customers.

“In addition, by end of this year, GCH Retail will be re-launching a new exciting concept store by Cold Storage at KLCC in Kuala Lumpur.”

It said the group will continue to deploy its resources “to raise the bar to create positive retail experiences for our customers”.

The company was formerly known as Dairy Farm Giant Retail Sdn Bhd. It operates more than 120 stores.

http://www.freemalaysiatoday.com/category/nation/2017/04/20/retail-food-and-beverage-sectors-hardest-hit-in-2017/