The Beginning: A Simple Newsstand with Big Ambitions
The Mynews story started in 1996 when founder Dang Tai Luk opened a small newsstand in Petaling Jaya, Selangor. Initially, the kiosk sold newspapers and magazines, serving the local community’s need for reading materials. While it may have seemed like a modest venture at the time, Dang’s entrepreneurial spirit and dedication laid the groundwork for what would become a retail empire.
Unlike global convenience store chains, Mynews was built on a foundation of local knowledge and customer-centric values. This focus on understanding and meeting the needs of Malaysians became the key to its success.
Embracing Change: The Shift to Convenience Retail
As the world moved into the digital age, Mynews recognized the need to adapt. The decline in print media and the rise of convenience retail prompted the company to expand its offerings. By the early 2000s, Mynews had transformed from a newsstand into a full-fledged convenience store, stocking snacks, beverages, and everyday essentials.
A major milestone came in 2007 with the opening of its first flagship store in 1 Utama Shopping Centre. This move marked Mynews’ entry into the competitive retail arena, positioning it as a serious contender against established international brands.
Local Flavors, Global Appeal
One of the secrets to Mynews’ success is its ability to cater to the unique tastes of Malaysians. The brand’s ready-to-eat meals, such as nasi lemak, onigiri, and fusion sandwiches, have become popular choices for busy customers seeking quick and affordable meals.
By blending local culinary traditions with international trends, Mynews has created a product lineup that resonates with a wide audience. This localized approach has not only set the brand apart but also fostered a strong sense of loyalty among its customers.
Expanding Across the Nation
Today, Mynews operates over 600 outlets across Malaysia, with a strong presence in urban areas, shopping malls, and transit hubs. Its strategic expansion has been driven by a focus on accessibility and convenience, ensuring that customers can easily find a Mynews store wherever they are.
The brand’s franchise model has also played a crucial role in its growth. By partnering with local entrepreneurs, Mynews has been able to expand its footprint while empowering individuals to build their own businesses.
Innovation and Sustainability: Staying Ahead of the Curve
In an era of rapid technological advancement, Mynews has embraced digital transformation to enhance the customer experience. Features like self-checkout kiosks, mobile payment options, and loyalty programs have made shopping faster, easier, and more convenient.
At the same time, Mynews is committed to sustainability. From eco-friendly packaging to energy-efficient store designs, the brand is taking meaningful steps to reduce its environmental impact. This commitment to innovation and sustainability ensures that Mynews remains a forward-thinking leader in the industry.
A Legacy of Resilience and Growth
Mynews’ journey from a single kiosk to a nationwide retail chain is a testament to the power of vision and perseverance. By staying true to its roots while embracing change, the brand has earned its place as a trusted name in Malaysia’s convenience store industry.
The Future of Mynews: What’s Next?
As Mynews continues to grow, its focus remains on meeting the evolving needs of its customers. Plans for new store openings, an expanded range of ready-to-eat meals, and further integration of digital technology are already underway. The brand’s ability to anticipate and respond to consumer trends ensures that it will remain a leader in the market for years to come.
An Inspiration for Entrepreneurs Everywhere
The story of Mynews is more than just a business success—it’s a source of inspiration for aspiring entrepreneurs. It shows that with determination, adaptability, and a deep understanding of your audience, even the smallest venture can grow into something extraordinary.
In a world where convenience is king, Mynews has proven that success isn’t just about being everywhere—it’s about being meaningful. It’s about creating a brand that customers trust, love, and return to, time and time again.
Mynews’ journey is a reminder that great things often start small, and with the right vision, even a humble newsstand can become a national icon.
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