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> Story of 99 Speedmart

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TSriver.sand
post Oct 1 2017, 10:01 PM, updated 9y ago

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Sin Chew interviews Lee Thiam Wah, founder of 99 Speedmart. Full story (in Chinese) here...
http://sinchew.com.my/node/1687279/%E7%A8%...%AB%98%E5%B3%B0

Excerpt:
- 99 Speedmart celebrates its 30th anniversary.
- It opened its 1,000th store last August.
- It has outlets in Selangor, KL, N. Sembilan, Melaka, Johor, Perak, Pahang & Sabah.
- The founder is eyeing the next 1,00 stores within 5 years, with an average of 4 new stores every week shocking.gif
- It reported a revenue of RM3 bil in 2016; the projected revenue for this year is RM3.5 bil.
- Currently, it has no plan to go public sad.gif

The 1,000th outlet in Shah Alam
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TSriver.sand
post Oct 1 2017, 10:18 PM

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QUOTE(MoonRider @ Oct 1 2017, 10:12 PM)
the most important .. they hired all locals .. malay/chinese and indian ..

not like itu 7/11 ..
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The outlet near my place, the staff's BM accent is different. Possibly East Malaysians.
TSriver.sand
post Oct 2 2017, 10:04 AM

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QUOTE(nghj @ Oct 2 2017, 09:51 AM)
i'm impressed how much goods that they can put into one shop, the aisle are placed so closed together that you can hardly walk when there are more ppl around.
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Some shops are better than the others.
Near my place there is one outlet which occupies two shoplots. Quite spacious.

This post has been edited by river.sand: Oct 2 2017, 10:16 AM

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