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TMG sales grew 7pct since launch of KR1M 2.0 [NSTTV]

KUALA LUMPUR: Kedai Rakyat 1 Malaysia (KR1M) 2.0’s supermarket anchor Tunas Manja Group (TMG) has experienced a seven per cent growth in sales to date since the launch of the programme on February 4.

Domestic Trade, Cooperatives and Consumerism Minister Datuk Seri Hamzah Zainudin said TMG’s improved performance over the short period of time is evident that the programme is still relevant and well received by the rakyat.

“Since the launch of TMG as the anchor fro KR1M 2.0 programme, the supermarket operator has experienced a significant growth in its sales numbers.

“We still see the programme is well received by the rakyat, with its products priced affordably,” he told a media briefing here today.

Hamzah said KR1M 2.0 was a redevelopment from KR1M where its has been redesigned to be more open, competitive, and accommodate more retailers.

Hamzah’s comment comes on the heel of KR1M previous operator Mydin Group managing director Ameer Ali Mydin’s remark that the programme had caused a “massive loss of RM100 million” to the company.

Meanwhile, Hamzah said the ministry is in the midst of discussion with TMG and Perbadanan Nasional Bhd (PNS) to expand the programme to include participation from sundry shops owners.

PNS is the main operator of KR1M 2.0.

He said the initiative to expand the programme to sundry shops is in line the ministry’s effort to open 3,000 KR1M 2.0 outlets nationwide by 2020.

Besides TMG as the supermarket anchor, KK Super Mart is the convenient shop partner for the programme.

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