Third KR1M launched

Source: The Star - 26 August 2011


KUALA LUMPUR: The first two Kedai Rakyat 1Malaysia (KR1M) thrift stores have been enjoying brisk business, raking in RM28,000 in sales per day, Domestic Trade, Cooperatives and Consumerism Minister Datuk Seri Ismail Sabri Yaakob said. The pioneer KR1M store at Kelana Jaya, launched on June 22, takes in RM12,000 per day while the second store at Bandar Tun Razak, launched last Sunday, makes RM16,000 in sales every day, he said.

“The response from the public towards the stores are very good. “People are attracted by the low price of the products and some come from very far just to shop there,” said Ismail Sabri after launching the third KR1M outlet at Pantai Dalam yesterday.“I heard that people from as far Sg Buloh and Gombak come to shop at the Kedai Rakyat in Kelana Jaya,” he said. Ismail Sabri added that with the encouraging response, the Government is keen to see the KR1M expand further.

“There will be 25 more outlets by the end of this year and even more next year,” he said. The shop in Pantai Dalam is the smallest, with the Bandar Tun Razak outlet being the biggest, said Ismail Sabri. “This outlet will not only attract visitors from around Pantai Dalam, but also students from nearby Universiti Malaya,” he said after launching the outlet together with Federal Territories and Urban Wellbeing Minister Datuk Raja Nong Chik Raja Zainal Abidin. The KR1M outlets are managed by Mydin Mohamed Holding Berhad. Some 250 retail items under the 1Malaysia brand are sold at the outlets at a much cheaper price than other brands.