Not once, not
twice, but thrice! MR D.I.Y. has done it again. The largest home improvement
retailer has been named Frost & Sullivan’s 2022 Company of the Year in the
Malaysia Home Improvement Retail Industry. In 2020, MR D.I.Y. was accorded
the Market Leadership Award, and in 2021, for the very first time, the Company
of the Year Award.
A
research & consulting firm, Frost & Sullivan takes a meticulous and
stringent approach when selecting the nominees in each award category, making a
detailed evaluation across two key dimensions – visionary innovation &
performance, and customer impact. The firm’s Company of the Year Award
is its top honor that recognizes visionary innovation, market-leading
performance, and unmatched customer care through its Best Practices Award
analysis.
Announcing the
achievement, MR D.I.Y. Senior Marketing
Manager Mark Charles Salecina said, “We are proud to be accorded this award
by Frost & Sullivan for the third time in as many years. This is indeed great recognition of the work
that we do every day, and it also demonstrates that we continue to stay
relevant to our customers with our promise of “Always Low Prices”. We wouldn’t have been able to achieve this
award without the passion, commitment, and loyalty of our employees nationwide,
as well as the trust and confidence of our business partners, suppliers, and
friends. This award goes out to them.”
“We
have come a long way since we opened our first store in 2005 in Malaysia and in
2018 in the Philippines. We commit to
creating innovative retail experiences that capture the imagination of our
valued customers, to always deliver value, and to serve our communities so that
we positively impact lives,” added Salecina
Commenting on its
recognition of MR D.I.Y., Narciso Podda,
Director of Frost & Sullivan, said “MR D.I.Y.’s market leadership in
highly fragmented home improvement retail industry remains unchallenged with
its attractive value proposition for consumers, business scale, and internal
operational efficiencies. This top-of-mind brand fulfils consumer needs for
affordable home improvement products, complementing value for money with
shopping convenience. With more stores and new store formats opening across the
country, the company will continue driving innovation and overall industry
growth, as reflected in its revenue growth that outperforms the industry
average.”
MR D.I.Y. has
commandeered several major accolades over its 17-year history, including being
inducted into the FTSE4Good Index, being recognised as Brand of the Year for
four consecutive years by the World Branding Awards, being listed in the
Deloitte Malaysia Best Managed Companies Awards 2021 in Retail Category.
For more
information about MR D.I.Y., visit mrdiy.com, Facebook, and Instagram.
MR D.I.Y. was
accorded the 2022 Company of the Year - Frost & Sullivan’s Best Practices
Award in Malaysia Home Improvement Retail Industry. This is its third award
from Frost & Sullivan and its 2nd as Company of the Year.
-ENDS-
About MR D.I.Y.
MR D.I.Y. is a home-grown enterprise from
Malaysia with more than 2,100 stores across the Asia Pacific (Malaysia,
Thailand, Brunei, Indonesia, Singapore, Philippines, India, and Cambodia). The
home improvement retailer has been dedicated to making a positive difference in
the lives of its valued customers by offering convenience at all of its stores
nationwide.
All MR D.I.Y.
stores are managed directly, and the company often works in collaboration with
other mass merchandise retailers or owners of malls or shopfront properties. MR
D.I.Y. stores offer a wide selection of — approximately 18,000 SKUs — across 10
categories, namely hardware; household and furnishing; electrical; stationery
and sports equipment products; toys, car accessories, jewellery, and cosmetics.
The company
strives to always put customers first by operating an innovative business that
is flexible when it comes to providing a wide variety of products, good
quality, and value-for-money, holding true to its company motto: “ALWAYS LOW
PRICES”.
About Frost & Sullivan
Frost &
Sullivan is the Growth Pipeline Company™. We power our clients to a future
shaped by growth. Our Growth Pipeline as a Service™ provides the CEO and the
CEO's growth team with a continuous and rigorous platform of growth opportunities,
ensuring long-term success. To achieve positive outcomes, our team leverages
over 60 years of experience, coaching organizations of all types and sizes
across six continents with our proven best practices. To power your Growth
Pipeline future, visit Frost & Sullivan at http://www.frost.com.
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