Parkson outlines mall strategy


Closed down: Parkson’s Sungei Wang Plaza outlet was the latest store to be closed, shuttering on Feb 26. Parkson had had a presence there for about 30 years.

It wants to be in the right place for customers and market it is seeking

PETALING JAYA: Departmental store operator Parkson Holdings Bhd’s decision to close a number of stores in recent weeks in Malaysia and around the region has raised questions on the company’s growth strategy.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , property retail

Next In Business News

Global EV sales growth likely to slow after 20% jump in rocky 2025, research firm says
Trading ideas: Capital A, LBS Bina, Rimbunan Sawit, Selangor Dredging, Vstecs, Velocity, Jetson, PetDag, Foodie Media
Oil prices rise on potential Iran supply disruption
Wall St falls with financials amid credit-card rate plan concern
Foodie Media� 1Q revenue at RM13mil
Govt-linked entities hold key to Sunway’s bid for IJM
Stable�medium-term outlook�for CPO prices
Kumpulan Jetson in RM15mil sale
Healthcare sector rerating likely on big-ticket IPOs�
Rimbunan Sawit disposes Sarawak asset

Others Also Read