QUOTE(plouffle0789 @ Jul 17 2020, 02:12 PM)
QL RESOURCES BHD
7084


total 180 stores at whole malaysia!!!
QL has set an initial target to open 300 stores of FamilyMart in FY2022.
Presently, the group has successfully opened 109 FamilyMart stores
and plan to double the number to 170 stores by the end of FY2020.
The expansion will be centred at Klang Valley, Melaka, Negeri Sembilan and Johor.
7084


total 180 stores at whole malaysia!!!
QL has set an initial target to open 300 stores of FamilyMart in FY2022.
Presently, the group has successfully opened 109 FamilyMart stores
and plan to double the number to 170 stores by the end of FY2020.
The expansion will be centred at Klang Valley, Melaka, Negeri Sembilan and Johor.
QUOTE(nebula87 @ Jul 17 2020, 02:17 PM)
Where was this news taken from? The reporter should be SACKED for posting half-news that is missing from the company's FULL STATEMENT.This is the full excerpt taken from The EDGE Markets news reporting:
https://www.theedgemarkets.com/article/earn...ts-ql-resources
QUOTE
“With increasing presence in the Klang Valley, Johor, Melaka, Pahang and Negeri Sembilan, the group will continue branching out with potential openings in Ipoh and Penang.
We gathered that decent food traffic in these areas tends to fare higher average revenue per store from the added convenience. In the longer term, we believe this segment will be an exciting avenue of growth for the group, banking on its high fresh food content which we believe takes up around 80% of its sales,”
Next stop and POTENTIAL expansion drive for Family Mart cities are Ipoh and Penang. These are big tourist spots with SIZEABLE Chinese population that matters.We gathered that decent food traffic in these areas tends to fare higher average revenue per store from the added convenience. In the longer term, we believe this segment will be an exciting avenue of growth for the group, banking on its high fresh food content which we believe takes up around 80% of its sales,”
NS and Melaka mainly Yindian and Malay population which have less interests in this convenience stores concept. It's a popular East Asian culture thing.
By the way, the FIRST Malaysian Fully Automated Smart Convenience Store branch in Malaysia is located at Ipoh Parade:
It's supposed to be like those in China and Japan where there's no staff attending at the counter. Customers do all their thing and self-checkout using e-wallet/cashless transactions.
Jul 17 2020, 03:13 PM

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