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1,000 KR1M 2.0 outlets to be opened in Klang Valley by year’s end

Date: 08 Feb 2018 Source :Free Malaysia Today

1,000 KR1M 2.0 outlets to be opened in Klang Valley by year's end

Domestic Trade, Cooperatives and Consumerism Minister Hamzah Zainudin says new partner KK Mart will supply these goods at cheaper prices.

KUALA LUMPUR: A total of 1,000 KR1M 2.0 outlets will be opened around the Klang Valley by the end of this year.

Domestic Trade, Cooperatives and Consumerism Minister Hamzah Zainudin said the ministry planned to have 3,000 outlets nationwide by 2020.

So far, 50 KR1M 2.0 outlets have begun operating.

“For the opening of KRIM 2.0, we will collaborate with KK Mart as a strategic partner to supply goods at cheaper prices, besides inviting more suppliers to participate to ensure there is sufficient stock at all times.

“The shops (KR1M 2.0) will use labels such as ‘KK Mart KR1M 2.0’ to differentiate themselves from other retail outlets,” he told reporters after officiating the first series of the Student Entrepreneurship Programme (1st STEP) here today.

Deputy Education Minister P Kamalanathan was also present.

The 1st STEP programme organised by the Companies Commission Malaysia (SSM) aims to foster interest in entrepreneurship among school students.

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