Mynews Dang Tai Luk(File pic)
THE extension of the movement control order (MCO) has put convenience store operators in a spot. Many are looking at ways to cut costs to stay afloat and remain sustainable amid the Coronavirus (Covid-19) pandemic. The country’s largest homegrown convenience store operator Mynews Holdings Bhd is no exception.
To date, the company has temporarily closed about 100 outlets nationwide in a bid to reduce costs. In total, it has 550 stores including the joint-venture outlets WHSmith, which are managed by Mynews.
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