Daiso to invest RM1 billion into global distribution centre in MY
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Japanese household supplier Daiso has reportedly unveiled plans to invest RM1 billion to build its largest global distribution centre (GDC) in Malaysia next year. Specifically, it will be at Port Klang in Selangor.
This hub is slated to be Daiso’s second international hub after China, according to Bernama.
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Daiso Malaysia’s chairman, Khairul Adib Abd Rahman reportedly said that the GDC will function as a hub for the company to launch logistics operations for the entry of Daiso’s products from Japan and China. This will reportedly include distribution to 22 countries in Asia and the Middle East.
Adib went on to add that this collaboration with Kajima-Suncon, which is led by construction companies Kajima Malaysia and Sunway Construction is evidence of the company’s push to increase the availability of Daiso products in the region.
He explained the global logistics hub is not a new thing in Selangor, as it is in the company Lazada and Shopee. However, Daiso, he said is at a greater stage as it is set to be the biggest hub for Daiso around the world.
Daiso has been expanding around the world ever since its revival post-COVID-19. Just last year, it expanded its presence in Singapore, reportedly due to a very stable future in the country with great opportunities for growth.
One of these new outlets includes a sprawling flagship store that officially opened in May last year. The store houses three brands under one roof, making it the first such concept store outside Japan.
Another household supplier that is expanding its presence in Malaysia this year is MR D.I.Y. It stated that it will be continuing its investment in store expansion, enabling it to reach more market centres and less urban areas to meet the needs of the underserved value shoppers.
In line with its projection, a statement by MR D.I.Y. seen on a filing by Bursa Malaysia, said that the company is on track to exceed its full-year target of opening 180 new stores. The expansion plans aim to meet shoppers’ needs while driving its growth.
“We are also highly encouraged by the significant progress in the recovery of our profit margins despite current operating challenges, which is a convincing indicator of the strength and resiliency of the business,” said MR D.I.Y’s CEO, Adrian Ong.
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