Jaya Grocer CEO Adelene Foo said the grocery is on track with its expansion plans after the opening of its 49th store at Plaza Shah Alam – its third in the State capital after Plaza Jelutong and Ardence Labs
She added “We opened the first store back in 2007 in Selangor and it’s particularly meaningful that, after almost 17 years, we’re opening our 49th store in the Selangor State capital.”
With this auspicious start to the new year, she said Jaya Grocer’s network expansion plans are on track and she looked forward to a better year in 2024.
“We expect this year to be better in tandem with the higher economic growth forecast by most research houses,” she said, adding that Rating Agency of Malaysia (RAM) has projected Malaysia’s 2024 gross domestic product (GDP) to grow by 4.5 to 5.5%, up from the estimated growth rate of 4.0% in 2023.
