7-11 next door to you

Brown: ‘Right now, Malaysia’s convenience store market is underdeveloped as we are one-third of the industry’s penetration in Thailand, one-eighth of South Korea and a tenth of Japan.’

7-Eleven Malaysia Holdings Bhd, the market leader of the 24-hour convenience store business, is confident it can maintain its aggressive expansion target beyond a three-year timeline due to the industry’s low penetration rate in Malaysia, as well as introducing new value-add services in its outlets.

According to the company’s chief executive officer Gary Thomas Brown, this presents great potential for the company to continue opening 200 new stores annually beyond the timeline agreed when it was re-listed in May last year.

Get 30% off with our ads free Premium Plan

Monthly Plan


Annual Plan


Billed as RM103.60/year

1 month

Free Trial

For new subscribers only

Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , 7-Eleven , 5250


Next In Business News

KLK redesignates Lee Oi Hian as executive chairman
Sunway optimistic of 2024 financial performance
Apex optimistic on healthcare growth prospects
Hong Leong Industries posts higher 2Q net profit of RM102.47mil
Sunway Construction bags contract worth RM720.98mil
Ringgit ends slightly higher versus US dollar and basket of major currencies
Sunway Property aims to achieve RM2.6bil in sales this year
Optimistic outlook for Daythree
Berjaya Food impacted by boycott
Rimbunan Sawit to dispose of agricultural land in Miri for RM165mil

Others Also Read