GCH Retail to open 11 small format stores in 2021

It currently has 11 Giant Mini stores.

GCH Retail, which operates grocery stores in Malaysia under Giant, is ready to expand its business by growing 10 more small stores by 2021, IGD reported.

The retailer will maintain its 35 hypermarkets but focus on growing through the Giant Mini brand. According to Chris Bush, Dairy Farm CEO for Southeast Asia Food, these stores will be located in suburban areas. Currently, there are 11 Giant Mini stores.

GCH is also looking to grow online. At the moment, the online channel takes up a very small part of the company’s business through third-party fulfilment partners like Happy Fresh.

The retailer currently has 35 hypermarkets and 11 supermarkets under the Giant brand and 11 premium supermarkets under the Mercato, Cold Storage and TMC brands.