Malaysia

Focus

Malaysia

Capital: Kuala Lumpur | Area: 329 850 km² |
Population (2021): 33.2 mio | GDP (2020): € 315.3 bn

Asia and Europe

Mr. DIY plans further expansion

Malaysian retail chain Mr. DIY is apparently planning to expand into at least two more countries. This is according to a Linkedin post by Leo Gan, business development senior vice president for the group. This could …

News11. July 2023

493 new stores in the offing

Mr. DIY set to open in two new markets in 2023

The Malaysian retail chain plans to continue its expansion not only in Asia, but also in Europe. As their business senior vice …

Distribution11. July 2023

Consumer spending power

Mr. DIY looks to counter tough 2023 on home turf

Mr. DIY, Malaysia’s dominant home improvement retailer, does not sugarcoat what it sees as the challenges of 2023. In its recently …

Distribution12. May 2023

In 2023

Mr. DIY returns to home region and sets sights on Vietnam

Ubiquitous Asian home improvement retailer Mr. DIY has set its sights on Vietnam, one of the three remaining countries in …

Distribution25. April 2023

From Malaysia to Vietnam

Mr. DIY is looking for expansion targets nearby

The Malaysian retail giant is looking to expand further and is eyeing the Southeast Asia region. Its next target is Vietnam

Distribution25. April 2023

Mr. DIY II: Now over 2 500 stores worldwide

Mr. DIY aggressively expands despite geopolitical, economic circumstances

Rapid store expansion is one of Mr. DIY’s three pillars of growth. In 2022, the Malaysian retailer opened …

Distribution3. March 2023

Two-part series at DIY+

Mr. DIY’s growth trajectory shows no signs of slowdown

Malaysian home improvement retailer Mr. DIY ended 2022 with more than 2 500 outlets across the globe, indicating that it has …

Distribution28. February 2023

Mr. DIY I: Greece, Eastern Europe lined up

Mr. DIY out to replicate Asian success in Europe?

Malaysian home improvement retailer Mr. DIY continues to expand in Europe. But analysts doubt whether the business model and the …

Distribution28. February 2023

Malaysia

New stores support Mr. DIY earnings for 2022

Top Malaysian home improvement retail chain Mr. DIY posted a 9.3 per cent rise in its revenues for the fourth quarter of 2022. The …

Distribution23. February 2023

Regional report: Southeast Asia (Part 2)

Falling in love with sustainability

Conscious consumerism and ethical trade are a strong trend in Southeast Asia's home improvement retail industry. There are legal reasons as well…

Distribution20. December 2022

Regional report on ESG initiatives

Southeast Asian home improvement retailers respond to sustainability calls

Home improvement retailers in the Southeast Asia region have started to go down the sustainability route…

Distribution16. December 2022

Busier tills, a low base, and a price rise

Mr. DIY posts 25. 8 per cent revenue growth for Q3

A jump in the number of purchases coupled with a low base and price hikes led to a 25.8 per cent growth in Malaysian home …

Distribution17. November 2022

Online reports proved correct

Greece poised to be Mr. DIY's 2nd EU market

Mr. DIY, the Malaysian home improvement retailer that also operates in nine other countries, is set to enter Greece, recent d…

Distribution6. October 2022

Malaysia

Strong comeback for Mr DIY in Q2

Malaysia's top home improvement retail chain came back strong in the second quarter after flagging in the first as a network of 993 stores, along …

Distribution9. August 2022

Mr. DIY Plus

The opposite of a bazaar

While the concept of Mr. DIY is ridiculed as a "bazaar" in Europe, the Malaysian retailer is launching its new format: Mr. DIY Plus is more spacious and …

Distribution1. July 2022

New spacious format

Mr. DIY Plus flagship store officially opens in Kuala Lumpur

Malaysian home improvement retailer Mr. DIY has launched a larger, more upscale format under the new brand Mr. DIY Plus…

Distribution1. July 2022

47 new stores fail to lift sales

Mr. DIY sees first-quarter sales flagging because of Omicron

Mr. DIY saw a modest rise in first-quarter sales as weak consumer spending resulting from a fresh surge in coronavirus …

Distribution20. May 2022

Falling short of expansion target

Q4 recovery buoys Mr. DIY's 2021 sales increase to a 32 per cent plus

Malaysian home improvement retailer Mr. DIY enjoyed last-minute support in the fourth quarter to pull up 2021 …

Distribution21. February 2022

In a shopping centre

Mr. DIY opens first store in Turkey

Malaysian home improvement retailer Mr. DIY has opened its first store in Turkey after announcing its foray into the market last month. The …

News22. November 2021

Good Home

Back on expansion mode

Bruneian home improvement retail chain Good Home is preparing the opening of its third store, its first one that is not located in a mall. Meanwhile, plans …

Distribution19. November 2021

Mr. DIY

Mall, small, standalone

Reacting on shifting consumer behaviour, Malaysian home improvement retail market leader Mr. DIY is adjusting its store format strategy. Standalone stores …

Distribution19. November 2021

Third quarter

Less transactions, but bigger baskets: Mr. DIY grows by 3.8 per cent

Its tills rang up purchases less often, but Malaysian home improvement chain Mr. DIY Group saw a sales uptick …

News3. November 2021

Malaysia

Mr DIY on track to meet its target of opening 175 stores this year

Mr DIY Group, a Malaysian home improvement chain, is on track to meet its target of opening 175 stores this year …

News4. October 2021

Malaysia’s Mr. DIY

H1 earnings up 55 per cent; company opens new format

Home improvement retail chain Mr. DIY saw a 55 per cent rise in revenues in the first half of the year, even as it grappled …

News9. August 2021

Malaysia

Low base pushes Mr. DIY to best quarterly performance

Mr. DIY, Malaysia's biggest home improvement retail chain, posted what it touts as its best quarterly performance in its 1…

News6. May 2021

Malaysian retail group

Mr. DIY plans expansion into Turkey

Malaysian home improvement chain Mr. DIY is said to be planning to open in Turkey this year. A job notice posted on the career development …

News18. March 2021

Financial year 2020

Malaysia’s Mr. DIY posts 13 per cent increase in revenue

Malaysian home improvement retailer Mr. DIY posted a 13 per cent increase in revenue in 2020 despite grappling with …

News18. February 2021

32 per cent growth

Mr DIY bounces back in the third quarter

Malaysian home improvement retailer Mr DIY bounced back in the third quarter on stronger sales following a tepid first half that was …

News11. November 2020

Next five years

Malaysian home improvement growth projections pared down

Research company Frost & Sullivan sees the Malaysian home improvement sector growing at a compounded rate of 10.2 per …

News15. October 2020

Malaysia

Covid lockdown wipes out Mr. DIY’s same store sales

A lockdown imposed in Malaysia to mitigate Covid-19 contagion wiped out Mr. DIY's same store sales in the first half of the year…

News12. October 2020

Malaysia

Increasing acceptance in Malaysia

The country’s home improvement segment shows double-digit growth rates. Drivers include a population that is becoming richer, more urban …

Distribution11. August 2020

Mr. DIY

Mr. DIY’s growth tapers off

The Malaysian home improvement retailer controls 25 per cent of the market. It still plans to open a further 100 stores this year

Distribution11. August 2020

Twice weekly

Mr. DIY allowed to partially reopen in nine Malaysian states

Mr. DIY, Malaysia's biggest home improvement store chain with 594 branches nationwide, has been allowed to partially r…

News9. April 2020

Malaysia Covid lockdown

Mr. DIY pushes online store and supports frontliners

Mr. DIY, Malaysia's biggest home improvement store chain, is pushing the use of its online store after the government imposed s…

News1. April 2020

Coronavirus

Home Pro must close in Malaysia

The Thai DIY store operator Home Pro has closed its six stores in neighbouring Malaysia due to the coronavirus. The government of Malaysia had …

News19. March 2020

Malaysia

Mr. DIY grows at lower growth rates

The Malaysian retail chain Mr. DIY is continuing to grow, although not as fast as previous years. Same store sales growth was 4.6 per cent from …

News12. March 2020

Home improvement

Double-digit growth rates in Malaysia

The Malaysian home improvement sector is likely to grow by 10.9 per cent annually between 2018 and 2023, even as buyers gravitate towards …

News26. February 2020

Malaysia

Mr. DIY takes first step towards IPO

Mr. DIY Group (M) Berhad, the operator of Malaysia's biggest home improvement retailer with branches in Brunei Darussalam, has submitted the d…

News4. February 2020

Southeast Asia - Mr. DIY

Asean expansion

Malaysian company Mr. DIY has crafted quite a narrative in the last three years with its rapid growth around South East Asia, offline as well as online. Reportedly …

Distribution22. July 2019