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 99 Speedmart now has 2.3k outlet, to open 300 more

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diffyhelman2
post Mar 23 2023, 03:27 PM

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QUOTE(teehk_tee @ Mar 23 2023, 03:13 PM)
99 speed the best
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Amin
diffyhelman2
post Mar 23 2023, 03:28 PM

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QUOTE(MR_alien @ Mar 23 2023, 03:24 PM)
The shop that normal kedai runcit fear the most
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they basically make kedai runcit extinct in my area d. only kedai runcit meant for bangla still exist.

This post has been edited by diffyhelman2: Mar 23 2023, 03:28 PM
diffyhelman2
post Mar 23 2023, 03:34 PM

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QUOTE(Starbucki @ Mar 23 2023, 03:32 PM)
How is their bk doing?
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staffing issue seems to be better now compared to a year ago. instead of 2-3 people now at least got 4-5. but service quailty still very branch dependent. and prices now no longer cheap compared to a year ago, mcD sometimes better.
diffyhelman2
post Mar 23 2023, 03:40 PM

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QUOTE(JohnL77 @ Mar 23 2023, 03:36 PM)
99 Speedmart owns burger king?
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yes, welcome to 21st century
diffyhelman2
post Mar 23 2023, 03:46 PM

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QUOTE(Wahlberg @ Mar 23 2023, 03:42 PM)
gula, telur, sos , kicap
this frequent item finish fast and slow refill
confused.gif
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add jacob cracker to that list. cant find my favorite high fiber version for months d. last last had to go aeon and kk mart.
diffyhelman2
post Mar 23 2023, 03:50 PM

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QUOTE(Srbn @ Mar 23 2023, 03:48 PM)
99 price is cheaper than 7-11 and Ji Mart.
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99 is a supermarket, 7e is a convenience store, apples and orange. in fact 99 prices for some of their items are even lower than some items in tescolotus and hypermart.
diffyhelman2
post Mar 23 2023, 03:57 PM

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QUOTE(urnicksux2 @ Mar 23 2023, 03:55 PM)
kedai runcit oriang kita bankrupt sbb 99mart
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chinese also. only ones that are still around are because they bought the shoplot long ago, they content to just buka kedai and pass the time with breakeven profit. when they die or retire the kedai will close for good.

QUOTE(scorgio @ Mar 23 2023, 03:54 PM)
99 Taukeh in his personal capacity, owns half of BK Malaysia & 5% of Alliance Bank.
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oh wow didnt know he into banking also....last last he might become next PB taukei.

This post has been edited by diffyhelman2: Mar 23 2023, 03:58 PM
diffyhelman2
post Mar 23 2023, 04:31 PM

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QUOTE(premier239 @ Mar 23 2023, 04:30 PM)
BK he own half only? i thought full

other half own by who?
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GLC? 51%
diffyhelman2
post Mar 23 2023, 05:31 PM

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QUOTE(Knnbuccb @ Mar 23 2023, 05:30 PM)
i think 99 model is to only stock the fastest moving items.... i realize their selection is limited but most  of the basics they have.
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Yup their inventory is very low. JIT to the max. One day can have multiple time restocking
diffyhelman2
post Mar 23 2023, 05:34 PM

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QUOTE(Revamperz @ Mar 23 2023, 05:33 PM)
cheaper then most but not that cheap anymore

my fave kacang kuda tin over rm 3 edy. last time rn2.40 so demn syiok
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So where can find cheaper?
diffyhelman2
post Mar 23 2023, 05:48 PM

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QUOTE(premier239 @ Mar 23 2023, 05:46 PM)
inb4 someone will soon tell u how the 99 boss got his massive capital for aggressive expansion
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MLM? money game wash money?

This post has been edited by diffyhelman2: Mar 23 2023, 05:49 PM
diffyhelman2
post Mar 23 2023, 06:14 PM

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QUOTE(WaCKy-Angel @ Mar 23 2023, 05:53 PM)
Semua cuma ilusi. Money all loan from bank.

Come on if mini mart so good earning why now many successful?

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I do see some innovations/differences in their biz model compared to old minimart style biz. number one is the stock turnover. they carry very limited but very high demand basic need items only. very different from your old style kedai runcit. no need to say their location always in high footfall traffic areas. basically they brought JIT inventory mgmt to minimart biz at scale to malaysia.

This post has been edited by diffyhelman2: Mar 23 2023, 06:15 PM

 

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