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Saturday, May 31, 2008

New Parkson store in Kuantan

KUANTAN: Parkson Corp Sdn Bhd is expecting sales turnover of RM40mil in the first year of operations for its latest Parkson outlet at East Coast Mall here.

General manager (marketing and merchandising) Raymond Teo said RM15mil had been invested in the outlet.

Raymond Teo at the store’s launch

“This is the third outlet in Kuantan and the 33rd in the country. I am also glad to note it is our third store launch within the first four months this year,” he said here recently.

Teo said Parkson would be opening two more outlets this year - one in Kuala Terengganu by mid-July and another in Kota Baru by year-end.

He said with the new stores, the company would see its retail space expand by 30% and be represented in every state except Perlis.

“This is a special year for us as it marks our 21st anniversary. We are still growing with the nation and remain committed to being the best department store for all Malaysians,” he said.

Teo said as the anchor tenant at East Coast Mall, Parkson occupied 105,640 sq ft over three floors.

Parkson would constantly innovate, adapt and change to stay ahead and further strengthen its position in the Malaysian retail scene, he said.

“We are proud to be the first commercial and travel square in the east coast to contribute to the Government’s initiative for the East Coast Economic Region.

“In line with our corporate social responsibility programme, we have adopted six parks nationwide. They including Taman Kejiranan in Jalan Teluk Sisek, Kuantan,” he added.

By The Star (by Simon Khoo)

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