Home Retail TESCO to Acquire Makro Outlets in Malaysia

    TESCO to Acquire Makro Outlets in Malaysia

    By  
    SHARE

    The Malaysian government has given its approval to to purchase 8 strong Makro cash & carry network.According to the Minister of Domestic Trade and Consumer Affairs Datuk Mohd Shafie Apdal this will usher a healthy consolidation of the sector and also benefit the consumers, retailers and wholesalers, in terms of better prices and wider choices.

    TESCO will retain Makro’s structure but will bring in Tesco’s experience so that small-scale retailers continue to secure their stocks at better prices. While retaining the existing people, new professionals would also be inducted