January 11, 2012
Home-grown retailer UO Superstore Sdn Bhd has launched a new outlet in Batu Pahat, and has announced the addition of 11 new outlets in the country by June 2012.
UO Superstore Sdn Bhd is embarking on a massive expansion campaign this year, with the announcement of 11 new stores - six in Johor state - by June.
The new outlets will follow on the heels of the merchandise chain's latest UO Superstore in Batu Pahat, which was launched on January 6 at The Summit Batu Pahat in Jalan Bakau Chondong. Areas to receive UO Superstores next will be Kluang and Segamat, with the rest of the proposed outlets following soon affter.
Chairman Datuk Zahari Omar said that the company was expecting RM 270 million in sales for FY2011, which ends in March this year. "We expect our total sales value to increase slightly although the economy may go slower," he said. Despite the closure of its 19-year-old first outlet in Petaling Street to make way for the Klang Valley Project in October 2011, the company had managed to earn RM 230 million in sales in 2011 full year.
"UO Summit Batu Pahat was set up to replace UO Petaling Street," said Zahari.
The launch of the new outlet in Batu Pahat was attended by Batu Pahat MP Datuk Dr Mohd Puad Zarkashi. Mohd Puad welcomed the new store, citing it as an added attraction to Batu Pahat, which has long been a favourite shopping haunt of Singaporeans.
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