MR DIY may have to raise prices in the future as inflation rises!
According to a message from MR DIY’s chief executive officer, MR DIY is working to maintain item prices by improving operational efficiency, but may have to raise prices in the future in the face of inflation.
MR DIY will streamline its processes to reduce waste, and MR DIY will also buy items in bulk as a way to demand lower prices from suppliers.
MR DIY aims to open 180 stores by 2022, which could be MR DIY, MR Dollar, MR DIY Plus, etc. MR DIY Plus, the mega home retail store, opened in Mid Valley at the end of May. MR DIY Plus in Mid Valley occupies 30,000 square meters and sells more than 20,000 items.
MR DIY plans to open 10 MR DIY Plus in Klang Valley, Penang, Johor and East Malaysia in the next 2 to 3 years.
