PETALING JAYA: Giant brand owner GCH Retail (Malaysia) Sdn Bhd said it will cease operations of five Giant stores located in Sri Manjung, Sungai Petani, Shah Alam City Centre Mall, Sibu and Selayang Lama on Nov 5, 2017 at the expiration of leases at these premises.

According to its website, GCH Retail, which is also the owner of Cold Storage, Mercato and Jasons Food Hall, currently operates 54 Giant stores nationwide.

In a statement today, the group said it has reviewed its operations and the decision was made to improve efficiencies and productivity.

At the same time, the group said, it will relocate its Giant store in Bercham, Perak to an expanded premise, and will double the size of the store to provide more offerings and range of products for its customers.

“In addition, by the end of this year, GCH Retail will be relaunching a new exciting concept store by Cold Storage in KLCC.

“The group will continue to deploy its resources to raise the bar to create positive retail experiences for our customers. We look forward to serve our customers in all our stores located across the country,” it said in the statement.

GCH Retail did not respond to queries for additional information as at press time.

http://www.thesundaily.my/news/2017/10/26/...piration-leases

Giant Sri Manjung ramai orang kot...tp sebelum aeon adelah tp situ ade pasar malam

Wut??where do people go to shop for groceries??

Damn. No more can eat uncle jack ass

what are they going to do with that empty building? Dead mall?

pasar malam. cheapest place for fruits and vegs

i only go hypermarket if got discount, and for meats

aeon closed many shop too...its just a matter of time...
meanwhile,tescogot.....

Lazada

Improve efficiency my ass.

Giant Sri Manjung, Perak has recorded 4 years straight loss profit, so that's why they close shop.

I hate going to Giant. Less promo, expensive, even more expensive than Tesco, old layout design, no improvement like what Aeon and Tesco did.

Boring and feel like entering grave when I visit there.

This post has been edited by redspothand: Oct 26 2017, 11:45 PM

Bukannya ada banyak barang groceries pun dalam Lazada.

Giant sibu so far away no one bothers to go there.

I can't imagibe people buy cooking oil,Maggie mee, snacks, bread and milk or sanitary pads throug Lazada.

Tesco Giant Aeon all along that 1 km stretch, most people go to Aeon because more things to see and there's TGV there.

u'll be surprised.

U baru pasang internet ke

who go Giant these day...
so expensive even Jusco is cheaper than Giant...
they better close all la...

Manjung, Sitiawan people spotted. Hi

99speedmart kan ada. Sayur pasar malam got. Everything else Lazada je lah...

If you must compare, i think

Aeon>Tesco>Giant>Aeon Big>The Store> Pacific> Billion> TF

Giant Bercham so close to Tesco Extra and Tesco

Giant has a very strong presence in Kota Kinabalu, Sabah
From this map, you can see there a total of 11 Giant hypermarket and supermarket in KK city alone with 1 outlet closed last year

astonished.

Have never seen a 99speedmart.

Night markets here are jokes. Dirty. Very rarely cheaper than hypermarkets, unless it is rotten food to be consumed within one day.

Giant is bad, usually due to bad managers. Minimum 30 MYR for cards. Even Mydin does not do this.

U live in cave? 😨

Jaya Grocer > All

Isetan > all

guess who is losing their job?

sacc giant is very small one. no one goes to sacc to buy groceries.

whattt....giant sp close?

1 malaysia kedai

Syukur alhamdulillah giant will move into bigger premise bigger location bigger floorspace and expand.

Good economy good consumption good business gooding good good

i rather go speedmart .. everytime go tesco/giant should spend more than 100

This post has been edited by MoonRider: Oct 27 2017, 07:19 AM

Yes, and it's located underground, some first visitors don't even know there's a Giant down there. Anyway, the mall itself does not have big crowd to begin with, so understandable that Giant has even lesser customers.

However the Giant near the stadium has a good crowd most of the time.

Kedai aceh > all

The fall of the giants

Too many giants within the radius
Sec 7, 9 , 13, sacc
Ppl will tend to go bigger outlet like stadium due to more variety

Malaysia economy so good why close
because Malaysian getting rich they all go the high class market like jaya grocer or family mart no more this low cost economy market

orang manjung ke tuuu...

...

This post has been edited by xperiaVuser: Feb 2 2018, 12:19 AM

talking about variety, giant has the most variety of brand and goods

compared to aeon and tesco. while tesco most least.

Where else got giant in s.alam?

if u go to UK, there are a lot of mini stores on street corners. they are small and everywhere like kedai runcit but branded tesco/sainsburys etc with prices and selection like hypermarket. I expect this is what will happen in malaysian big cities as well. i dont like walking 2 hours looking for stuff in a big hypermarket 20mins away from my house.

99 rejoice..

U just quoted my answer

Within the radius of sacc mall there are giant stadium..section 7..and shah alam mall sec 9

I prefer giant more than tesco actually. Tesco sucks.

Hello tupai!

ehh i thought giant manjung is doing okay

Giant is still performing better than The Store i guess.

with all the new service like online grocery on 11street, seems like a lot of the hypermarket need to be more competitive to survive. People now can easily compare while at the shop, and I realize a lot of their things are overpriced (even though you think its cheap). Only certain promotional/sale item is worth buying.

"The current closing down of Giant and Aeon Big has nothing to do with disruptive technology as total online sales in Malaysia is hardly 5%.

And online sales of groceries / toiletries / fresh and sundries (which is 80% of a hypermarket business) is hardly 0.5 % in Malaysia

Also note the closing of the Giant branches are not in key urban areas like Klang Valley.

This actually shows rural purchasing power is gone down drastically
Business is down by 4.8% in hypermarkets which caters to middle and low income population, simply because purchasing power for basics necessities is down."

but Giant also closed down their viva home outlet la.. and it's in Klang Valley