Company Background

The history of Econsave began with a wooden sundry shop in Port Klang more than 50 years ago. Through years of hard work and perseverance, with constant adaptation to the changes in the retail scene; Econsave has emerged as one of the largest grocery retailers in Malaysia.

In the home state of Selangor, Econsave has the largest and most extensive network of branches in all the main towns in Selangor, unmatched by any other supermarket / hypermarket operators. Going hand in hand with Econsave means that your products will potentially reach the four million consumers in Selangor, one of the most affluent segments of the Malaysia population. On top of that, Econsave has strong presence nationwide and is constantly looking for new opportunities all over Malaysia.

Vision, Mision and Management

Current Status

Econsave currently operates more than 20 retailing branches including hypermarkets and supermarkets in Malaysia. We are one of the top six retailers in Malaysia.

Our Slogan

With a slogan "Bandingkan Harga Kami" [Compare Our Price], we offer the cheapest price in town at all times. This is achieved throungh a no-frill operation, bulk-buying in cash and direct imports, spearhead by directors, to ensure that the lowest prices are offered. The practice of "Every Day Low Price (EDLP)" has also attracted more loyal customers to Econsave.

Management Team

Our team of dedicated professionals with strong integrity and a high level of professionalism, places strong emphasis on the pursuit of excellence and a dynamic decision making prosess. This enables Econsave to Continue growing, despite the economic recession and the entry of foreign hypermarkets into the retail market business in Malaysia. In fact, our business has increased threefolds despite difficult market conditions between 1999 and 2003. All our directors are actively involved in the daily operations to ensure that our goals are on track and always in focus.

Future

Econsave achieves a turnover of more than RM 700 million and services more than 20 million customer visitations per year.

Owing to out lowest price policy that appeals to the mass consumers, we have successfully revived a number of abandoned shopping malls and rejuvenated some commercial areas. To date, we have leasing agreements with five public listed property companies to set up supermarkets/hypermarkets in their development areas, which is a win-win situation as the opening of Econsave outlets has proved to enhance the property value of the surrounding developments. We are also actively looking for new locations in the whole of Malaysia, while paying strong emphasis on organic growth, to achieve the targeted annual growth rate of 25%.

Aspiring to be the leading supermarket and hypermarket operator in Malaysia, Econsave with it's clear goal, dedicated workforce amd dynamic management, is confident of achieving its vision of high efficiency together with low prices, into a reality.

We are proud to be part of a tradition of striving to be th best every day.