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> AEON BIG to close down 3 more stores, To consolidate biz through closures

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TSleetan33
post Feb 11 2017, 11:00 PM, updated 9y ago

On my way
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Source: http://www.enanyang.my/news/20170211/%E6%B...%AE%B6aeon-big/

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Key Points:
1. AEON BIG will close down three of its stores in Klang Valley in the next 30 days as their profit margins continue to remain under pressure after taking over the now-defunct Carrefour Malaysia four years ago.

2. The three stores are Kota Damansara, River City (Jalan Ipoh) and Bangsar South. After the closure, AEON BIG will have 22 stores in Malaysia.

3. Informed sources said AEON BIG will consolidate their business through closing stores.

4. The sources added that the impact of GST, low consumer purchasing power, high operation costs and increased competition continue to affect the performance of AEON BIG stores.

This post has been edited by leetan33: Feb 11 2017, 11:02 PM
TSleetan33
post Feb 11 2017, 11:00 PM

On my way
****
Junior Member
594 posts

Joined: Oct 2012
QUOTE(nearlee @ Feb 11 2017, 11:00 PM)
sup leetan33

Nearlee

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hiii im back biggrin.gif
TSleetan33
post Feb 11 2017, 11:02 PM

On my way
****
Junior Member
594 posts

Joined: Oct 2012
QUOTE(bingding @ Feb 11 2017, 11:00 PM)
singapore got aeon?
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nop

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