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Wednesday, February 13, 2019

Another Supermarket Closing Down - Giant, Paramount Garden, Petaling Jaya.

A reader sent me this (thank you).

Giant to close down 20th Feb  2019  at Paramount  Garden, Section 20,  Petaling Jaya.
Having big cheap sales last few days. Clearing goods at marked down prices. 



Tesco Selayang has huge empty spaces, Cold Storage Sunway Pyramid is closing and now Giant Paramount Garden is closing.

Here is my analysis. These are Chinese areas. These supermarkets (especially upmarket Cold Storage) caters to a mainly Chinese crowd. If the Chinese people dont have money to spend, that is very bad news indeed.

I believe at least 100 people will be out of work with Giant Paramount Garden closing down.  Delivery lorry operators, packaging material suppliers, vegetable suppliers, etc will all be hit by this Giant closing down. The head bone is connected to the neck bone which is connected to the back bone etc. It is all connected.

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2 comments:

  1. Replies
    1. Well as for now this month, a new supermarket named Star Grocer is under renovation and will open soon. As for now, Mr. D.I.Y.'s new and 530th is located at that area

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