Giant Hypermarket
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| Giant TMC Berhad | |
| Type of Company | Retailer, Hypermarket/Public/Dairy Farm International Holdings |
|---|---|
| Founded | Teng family, Kuala Lumpur (1944) |
| Headquarters | Shah Alam, Selangor Darul Ehsan, Malaysia |
| Key people | Teng Family (1944–1999), Founder Ronald J. Floto, CEO Simon Keswick, Chairman Howard Mowlem, GFD |
| Industry | Retail |
| Products | Discount stores, grocery stores, and hypermarkets |
| Slogan | Everyday Low Prices, Big Variety and Great Value. (Malaysia) / Giant. Big Variety, Great Value. (Singapore) |
| Website | http://www.giant.com.my |
Giant Hypermarket is a major supermarket and retailer chain in Malaysia. It is a subsidiary of Dairy Farm International Holdings (DFI).
[edit] History
The Giant store brand was founded by the Teng family as a simple grocery store in one of the suburbs of Kuala Lumpur in 1944. Its mission was to offer a wide variety of products at the lowest possible prices. As its reputation grew, so did its business.
Dairy Farm, which acquired Giant in 1999, recognised that the key to Giant's success had been its ability to continuously offer value for money products. It retained this core principle even as it began transforming Giant into a national and international brand.
After six years of effort, which included redesigning the stores, the introduction of the non-food products into the Giant hypermarkets, the implementation of international retail standards that includes safety, cleanliness, structured training, and a vibrant shopping environment as well as centralized buying functions and improved operations, Dairy Farm has made Giant the undisputed leader in Malaysia’s retail sector.
In 1999, the first Giant Hypermarket store opened in Shah Alam, Selangor. By 2006, the company had grown to operate a total of 73 hypermarkets/supermarkets in Malaysia with outlet size ranging from the 350,000 sq. ft hypermarket in Shah Alam to the 11,000 sq. ft supermarket in Bangsar, Kuala Lumpur. The chain also includes 7 stores in Singapore and 15 hypermarkets in Indonesia. Giant hypermarkets offer a wide range of local merchandise, such as fresh local fruits, vegetables, and seafood within a wet market environment.
