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.