Each Kedai Rakyat 1Malaysia (KR1M) outlet earns an average of RM4,711 daily, selling various household items at cheaper prices, the Senate was told today.
Domestic Trade and Consumer Affairs Minister Datuk Hasan Malek said at present there are 163 shops nationwide.
"However, the earnings depends on the premise and the location of the shop," he said to a reply to Senator Tan Sri Ali Rustam who asked on the total number of KR1M outlets and the effectiveness in helping the lower income group.
Hasan said some of the items were 50 per cent cheaper than other brands. "With the support of people, the sale could increase further. The cheaper prices has given people an option to buy household items at cheaper rate, "he added.
He said there are plans to open 23 outlets y end of this year and is targeting to have one outlet at each parliamentary constituition nationwide.
"The quality is also good".
The first 'Kedai Rakyat 1 Malaysia' located at Kelana Jaya LRT station was opened in 2011.
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