Parkson
Parkson Holdings Berhad (doing business as Parkson; Chinese: 百盛; pinyin: Bǎishèng; Cantonese Yale: Baaksìhng; MYX: 5657) is an Asian-based department store operator with an extensive network of 131 stores as of 2017, spanning approximately 2.1 million m2 of retail space across cities in Malaysia, China, Vietnam, Laos, Indonesia and Myanmar.[1]
.png.webp) | |
| Type | Publicly traded company |
|---|---|
| MYX: 5657 | |
| ISIN | MYL5657OO001 |
| Industry | Department store |
| Founded | 1987 |
| Founder | William Cheng |
| Headquarters | , |
Number of locations | 131 department stores |
Area served | Malaysia China Vietnam Indonesia Myanmar |
| Revenue | RM 3,554 million (FY2014) |
| RM 325 million (FY2014) | |
| RM 240 million (FY2014) | |
| Parent | Lion Group |
| Website | Parkson Holdings Berhad Parkson Malaysia Parkson China Parkson Vietnam Parkson Indonesia Centro Indonesia Parkson Retail Asia Limited |
Stores in Malaysia
Parkson opened its first store at Sungei Wang Plaza in 1987. Since then, new stores have been rolled out across the country at approximately 2 stores per annum over the past 27 years. The flagship store, Parkson Pavilion, was opened in 2007.
As of 3rd January 2021, Parkson has 42 stores in Malaysia. Parkson is on a consolidation journey, recently closing down its Maju Junction stall in Kuala Lumpur but opening the Parkson M Square Mall, a retail and lifestyle hub in Puchong. [2][3]
| State | Outlet | Location |
|---|---|---|
| Johor | Parkson Angsana Mall | Johor Bahru |
| Parkson Kluang Parade | Kluang | |
| Parkson Paradigm Mall | Johor Bahru | |
| Parkson Square One Mall | Batu Pahat | |
| Kedah | Parkson Aman Central Mall | Alor Setar |
| Parkson Petani Parade | Sungai Petani | |
| Kelantan | Parkson Kota Bharu Trade Centre | Kota Bharu |
| Kuala Lumpur | Parkson Elite Pavilion Kuala Lumpur | Bukit Bintang |
| Parkson Nu Sentral | Brickfields | |
| Parkson OUG Plaza | Old Klang Road | |
| Parkson Setapak Central | Setapak | |
| Parkson Sunway Velocity Mall | Cheras | |
| Labuan | Parkson Financial Park Labuan Complex | Labuan |
| Malacca | Parkson Mahkota Parade | Malacca City |
| Negeri Sembilan | Parkson Seremban Prima Mall | Seremban |
| Pahang | Parkson East Coast Mall | Kuantan |
| Parkson Kuantan City Mall | ||
| Penang | Parkson 1st Avenue | Georgetown |
| Parkson Gurney Plaza | ||
| Parkson Sunway Carnival Mall | Seberang Jaya | |
| Perak | Parkson Ipoh Parade | Ipoh |
| Putrajaya | Parkson Alamanda | Putrajaya |
| Parkson IOI City Mall | ||
| Sabah | Parkson 1Borneo Hypermall | Kota Kinabalu |
| Parkson Imago Mall | ||
| Sarawak | Parkson Bintang Megamall | Miri |
| Parkson Plaza Merdeka | Kuching | |
| Parkson The Spring | Bintulu | |
| Parkson The Spring | Kuching | |
| Parkson Vivacity Megamall | ||
| Parkson Wisma Sanyan | Sibu | |
| Selangor | Home by Parkson DA MEN Mall | Subang Jaya |
| Parkson 1 Utama | Petaling Jaya | |
| Parkson EVO Mall | Bandar Baru Bangi | |
| Parkson Klang Parade | Klang | |
| Parkson Metro Plaza | Kajang | |
| Parkson Selayang Mall | Selayang | |
| Parkson Setia City Mall | Setia Alam | |
| Parkson Subang Parade | Subang Jaya | |
| Parkson Sunway Pyramid | Petaling Jaya | |
| Parkson Wisma Etonic | Rawang | |
| Parkson Shoes Gallery by Parkson DA MEN Mall | Subang Jaya |
Stores outside Malaysia
China
In 1994, Parkson opened its first department store in Beijing. Parkson is one of the first foreign department store chains to establish a presence in China.[4] As at June 2015, Parkson has an extensive network of 60 stores covering 37 major cities in China.[5]
| Province | Outlet | Location |
|---|---|---|
| Anhui | Parkson Hefei | Hefei |
| Beijing | Parkson Beijing | Beijing |
| Gansu | Parkson Lanzhou | Lanzhou |
| Guangxi | Parkson Incity | Nanning |
| Parkson MixC | ||
| Parkson Nanning Xinan Shangdu | ||
| Guizhou | Parkson Guiyang | Guiyang |
| Parkson Liupanshui | Liupanshui | |
| Parkson Tongren | Tongren | |
| Parkson Guizhou Zunyi | Zunyi | |
| Hebei | Parkson Zhangjiakou | Zhangjiakou |
| Hunan | Parkson Beauty Changsha | Changsha |
| Parkson Yueyang | Yueyang | |
| Jiangsu | Parkson Wuxi | Wuxi |
| Parkson Wuxi New District | ||
| Jiangxi | Parkson Nanchang (A) | Nanchang |
| Parkson Nanchang (B) | ||
| Parkson Newcore Mall | ||
| Liaoning | Parkson Anshan | Anshan |
| Parkson Shenyang | Shenyang | |
| Shaanxi | Parkson Xi'an East Ring Road | Xi'an |
| Shandong | Parkson Parkson Beauty MixC | Qingdao |
| Parkson Lion Mall | ||
| Parkson Qingdao | ||
| Shanghai | Parkson Newcore City Mall | Shanghai |
| Parkson Shanghai | ||
| Parkson Shanghai Xinzhuang | ||
| Parkson Supermarket Shanghai | ||
| Shanxi | Parkson Datong | Datong |
| Parkson Taiyuan | Taiyuan | |
| Parkson Taiyuang Changfeng | ||
| Sichuan | Parkson Sichuan Shidai | Chengdu |
| Parkson Sichuang Shishang | ||
| Parkson Mianyang | Mianyang | |
| Parkson Mianyang Metropolis | ||
| Parkson Supermarket Sanjiang | ||
| Parkson Panzhihua | Panzhihua | |
| Parkson Zigong | Zigong | |
| Xinjiang | Parkson Xianjiang | Urumqi |
| Yunnan | Parkson Brilliant Plaza | Kunming |
| Zhejiang | Parkson Shaoxing | Shaoxing |
Vietnam
The opening of Parkson Saigon Tourist Plaza on 29 June 2005 marked the entrance of Parkson as the first truly international department store to be opened in Ho Chi Minh City.[6] On 2 January 2015, Parkson closed its store at Keangnam Landmark Tower, Hanoi as the store has been loss-making since its opening in December 2011. Nevertheless, Parkson remains positive on the retail market in Vietnam, as evidenced by the opening of a new store in Danang on 11 January 2015.[7] As of 3rd January 2021, Parkson has 4 stores across 3 cities.
| Outlet | Location |
|---|---|
| Parkson TD Plaza | Haiphong |
| Parkson Vinh Trung Plaza | Da Nang |
| Parkson Saigon Tourist Plaza | Ho Chi Minh City |
| Parkson Hung Vuong Plaza |
Indonesia
Parkson entered the country by acquiring Centro department store network of 6 stores in 2011 under PT. Tozy Sentosa. The department store network has since expanded to a total of 11 stores under Centro brand and 2 stores under Parkson brand, leading to total 14 stores (including Kem Chicks supermarket at Pacific Place Jakarta and Parkson Gourmet Market at Bintaro CBD, opened on 3 November 2016 but closed sometime in 2017) as of 1 December 2020.
The country's first Parkson store opened its door at Centre Point Mall, Medan on 28 November 2013. The second Parkson store at Lippo Mall Puri, Jakarta commenced operation on 27 June 2014 (closed in 2020 due to low sales and COVID-19 pandemic). The third Parkson store at Hartono Mall, Yogyakarta commenced operation on 22 December 2015.
According to the company website, Centro brand will be focused on the middle-class segment while Parkson brand focuses on the upper-middle-class.
| Brand | Outlet | Location |
|---|---|---|
| Parkson | Centre Point Mall | Medan |
| Hartono Mall | Yogyakarta | |
| Centro | Bintaro Jaya Xchange Mall | Tangerang |
| Discovery Shopping Mall | Bali | |
| Galaxy Mall Surabaya | Surabaya | |
| Grand Metropolitan Mall | Bekasi | |
| Icon Mall Gresik | Gresik | |
| Manado Town Square | Manado | |
| Margo City | Depok | |
| Paragon Mall Solo | Surakarta | |
| Pesona Square Depok | Depok | |
| Plaza Ambarrukmo | Yogyakarta | |
| Resinda Park Mall | Karawang |
Myanmar
Parkson entered the country with the opening of its first store at FMI Centre, Yangoon on 11 May 2013.[8]
References
- "Parkson Network on the company's web page". Parkson. 2015-12-31. Retrieved 2016-11-26.
- https://www.thestar.com.my/metro/metro-news/2018/01/25/new-mall-for-puchong-residents-retail-and-lifestyle-hub-boasts-spacious-layout-and-convenient-parkin/
- https://www.theedgemarkets.com/article/parkson-closes-store-18-months-after-opening/
- http://www.parksongroup.com.cn/html_en/about_parkson/Profile.php
- Parkson earnings up to RM63.29mil in Q1
- http://www.parkson.com.vn/en/about-parkson.html
- http://www.therakyatpost.com/business/2015/01/08/parkson-remains-positive-vietnam/
- http://www.liongroup.com.my/images/news_letter/News_Letter-PDF_20130819142313.pdf