Econsave Explained

Econsave
Type:Private Limited Company[1]
Industry:Retail
Predecessors:-->
Successors:-->
Founded: in Klang, Malaysia
Founders:The Lai Family
Hq Location:Shah Alam[2]
Hq Location City:Selangor
Hq Location Country:Malaysia
Num Locations:91 hyper/supermarket
Num Locations Year:2021
Areas Served:-->
Revenue Year: USD 1 Billion
Profit:-->
Profit Year:-->
Owner:Econsave Cash & Carry Sdn Bhd
Num Employees Year: 8000

Econsave is a supermarket chain in Malaysia owned by Econsave Cash & Carry Sdn. Bhd.[3] It was founded in 1955 by the Lai family as a sundry store in Klang, Selangor. Econsave is also known to manufacture "Econsave" and "E&S" branded goods.[4] [5]

As of 2021, Econsave is the largest chain of supermarket/hyper market in Malaysia with over 90 branches peninsula Malaysia, Sabah and Sarawak.[6] A significant portion of the locations are located in peninsula Malaysia with growing presence in Sabah and Sarawak.[7] [8]

History

The history of Econsave began with a wooden sundry shop in Port Klang more than 60 years ago. In the home state of Selangor, Econsave has the largest and most extensive network of branches in all the main towns in Malaysia.[9] [10] [11]

See also

Notes and References

  1. Thousands flood to Econsave,https://www.cnnindonesia.com/internasional/20180413155019-106-290612/pangeran-johor-traktir-belanja-rp3-miliar-swalayan-kacau, cnnindonesia.com, Retrieved September 13, 2021
  2. Econsave company profile,https://www.bloomberg.com/profile/company/1732898D:MK, bloomberg.com, Retrieved September 13, 2021
  3. Econsave to become anchor of tenant,https://www.theborneopost.com/2012/11/04/econsave-to-become-anchor-tenant-for-myy-mall/, theborneopost.com/, Retrieved May 30, 2021
  4. Our history,https://econsave.com.my/about-us-our-history/, econsave.com.my, Retrieved May 30, 2021
  5. Mycare works with Econsave to help raise donations,https://www.nst.com.my/news/nation/2019/02/458898/mycare-hopes-raise-rm3mil-gaza-year-end nst.com.my, Retrieved May 30, 2021
  6. Econsave's helps people who raise white flag,https://www.thestar.com.my/metro/metro-news/2021/07/15/help-arrives-for-cleaner-who-raised-white-flag thestar.com.my, Retrieved September 13, 2021
  7. Econsave's helps kids in need,https://www.sinarharian.com.my/article/155587/EDISI/Econsave-bantu-kanak-kanak-terlantar sinarharian.com, Retrieved September 13, 2021
  8. Econsave to add new branch https://www.bharian.com.my/bisnes/korporat/2021/02/788579/econsave-rancang-tambah-tujuh-cawangan-baharu bharian.com.my, Retrieved May 30, 2021
  9. Econsave went savage on TikTok,https://www.therakyatpost.com/fun/2021/01/23/econsave-went-savage-on-tiktok-dance-duo-who-broke-covid-19-sop-inside-supermarket/, therakyatpost.com, Retrieved September 13, 2021
  10. Econsave lodges police report over lies about sales of its good,https://www.malaysiakini.com/news/490450, malaysiakini.com, Retrieved September 13, 2021
  11. Econsave distributes 100,000 poridges,https://www.hmetro.com.my/mutakhir/2021/05/701621/econsave-edar-100000-peket-bubur-lambuk, hmetro.com, Retrieved September 13, 2021