Making news with growth drivers

Mynews expansion and brand tie-ups in store

PETALING JAYA: Homegrown convenience store chain, Mynews Holdings Bhd, aims to bank on the expansion of its outlets and potential brand tie-ups as it sees this as growth drivers in the wake of the revival of stiff competition in the retail space.

As the second-largest convenience store chain in the country after 7-Eleven, its latest brand tie-up with leading South Korean convenience store CU last year would culminate in the opening of 30 to 50 CU outlets this year. The outlet was launched on April 1.