Mr DIY Group to open 175 new stores, chairman says in first annual report

TheEdge Wed, Apr 28, 2021 11:42am - 2 years View Original


KUALA LUMPUR (April 28): Mr DIY Group (M) Bhd expects to open 175 new stores in 2021 across the three brands under the home improvement products retailer's umbrella, namely, the MR DIY, MR TOY and MR DOLLAR outlets as the group evolves from a single-brand retailer to a multi-brand entity and continues to sustainably deliver affordable products to the widest market possible.

Mr DIY Group chairman Datuk Azlam Shah Alias said in the company's inaugural annual report, which was filed with Bursa Malaysia today, that the group, which already has more than 700 stores, in 2020 achieved its target of opening 141 new stores, comprising 104 MR DIY, 23 MR TOY and 14 MR DOLLAR outlets.

"The group remains committed to delivering sustainable growth and long-term stakeholder value," Azlam said in Mr DIY Group's first annual report since the company's Bursa listing in October 2020.

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