View source for Econsave

{{Short description|Malaysian supermarket chain}}
{{Infobox company
| name = Econsave
| logo = econsavelogo.png
| logo_size =
| logo_alt =
| logo_caption =
| logo_padding =
| image =
| image_size =
| image_alt =
| image_caption =
| trading_name =
| native_name =
| native_name_lang = <!-- Use ISO 639-1 code, e.g. "fr" for French. For multiple names in different languages, use {{lang|[code]|[name]}}. -->
| romanized_name =
| former_name =
| type = [[Private Limited Company]]<ref>Thousands flood to Econsave,[https://www.cnnindonesia.com/internasional/20180413155019-106-290612/pangeran-johor-traktir-belanja-rp3-miliar-swalayan-kacau], cnnindonesia.com, Retrieved September 13, 2021</ref>
| traded_as =
| ISIN =
| industry = [[Retail]]
| genre = <!-- Only used with media and publishing companies -->
| fate =
| predecessor = <!-- or: | predecessors = -->
| successor = <!-- or: | successors = -->
| founded = {{start date and age|df=yes|1955}} in [[Klang (city)|Klang]], [[Malaysia]]
| founders = The Lai Family
| defunct = <!-- {{end date|df=yes|YYYY|MM|DD}} -->
| hq_location = [[Shah Alam]]<ref>Econsave company profile,[https://www.bloomberg.com/profile/company/1732898D:MK], bloomberg.com, Retrieved September 13, 2021</ref>
| hq_location_city = [[Selangor]]
| hq_location_country = [[Malaysia]]
| num_locations = 91 hyper/supermarket
| num_locations_year = 2021
| area_served = <!-- or: | areas_served = -->
| key_people =
| products =
| brands =
| production =
| production_year = <!-- Year of production data (when known) -->
| services =
| revenue =
| revenue_year = <!-- Year of revenue data (when known) --> USD 1 Billion
| operating_income =
| income_year = <!-- Year of operating_income data (when known) -->
| net_income = <!-- or: | profit = -->
| net_income_year = <!-- or: | profit_year = --><!-- Year of net_income/profit data (when known) -->
| aum = <!-- Only for financial-service companies -->
| assets =
| assets_year = <!-- Year of assets data (when known) -->
| equity =
| equity_year = <!-- Year of equity data (when known) -->
| owner = Econsave Cash & Carry Sdn Bhd
| members =
| members_year = <!-- Year of members data (when known) -->
| num_employees =
| num_employees_year = <!-- Year of num_employees data (when known) --> 8000
| parent =
| divisions =
| subsid =
| module = <!-- Used to embed other templates -->
| ratio = <!-- Basel III ratio, for BANKS ONLY -->
| rating = <!-- credit rating, for BANKS ONLY -->
| footnotes =
| website = {{URL|https://econsave.com.my/}}
}}
'''Econsave''' is a [[supermarket chain]] in [[Malaysia]] owned by Econsave Cash & Carry Sdn. Bhd.<ref>Econsave to become anchor of tenant,[https://www.theborneopost.com/2012/11/04/econsave-to-become-anchor-tenant-for-myy-mall/], theborneopost.com/, Retrieved May 30, 2021</ref> It was founded in 1955 by the Lai family as a sundry store in [[Klang (city)|Klang]], [[Selangor]]. Econsave is also known to manufacture "Econsave" and "E&S" branded goods.<ref>Our history,[https://econsave.com.my/about-us-our-history/], econsave.com.my, Retrieved May 30, 2021</ref><ref>Mycare works with Econsave to help raise donations,[https://www.nst.com.my/news/nation/2019/02/458898/mycare-hopes-raise-rm3mil-gaza-year-end] nst.com.my, Retrieved May 30, 2021</ref>
As of 2021, Econsave is the largest chain of supermarket/hyper market in Malaysia with over 90 branches  [[peninsula Malaysia]], [[Sabah]] and [[Sarawak]].<ref>Econsave's helps people who raise white flag,[https://www.thestar.com.my/metro/metro-news/2021/07/15/help-arrives-for-cleaner-who-raised-white-flag] thestar.com.my, Retrieved September 13, 2021</ref> A significant portion of the locations are located in peninsula Malaysia with growing presence in [[Sabah]] and [[Sarawak]].<ref>Econsave's helps kids in need,[https://www.sinarharian.com.my/article/155587/EDISI/Econsave-bantu-kanak-kanak-terlantar] sinarharian.com, Retrieved September 13, 2021</ref><ref>Econsave to add new branch [https://www.bharian.com.my/bisnes/korporat/2021/02/788579/econsave-rancang-tambah-tujuh-cawangan-baharu] bharian.com.my, Retrieved May 30, 2021</ref>
==History==
[[File:Econsave Pontian.jpg|thumb|Econsave in [[Pontian District|Pontian]], [[Johor]]]]
The history of Econsave began with a wooden sundry shop in Port Klang more than 60 years ago. In the home state of Selangor, Econsave has the largest and most extensive network of branches in all the main towns in Malaysia.<ref>Econsave went savage on TikTok,[https://www.therakyatpost.com/fun/2021/01/23/econsave-went-savage-on-tiktok-dance-duo-who-broke-covid-19-sop-inside-supermarket/], therakyatpost.com, Retrieved September 13, 2021</ref><ref>Econsave lodges police report over lies about sales of its good,[https://www.malaysiakini.com/news/490450], malaysiakini.com, Retrieved September 13, 2021</ref><ref>Econsave distributes 100,000 poridges,[https://www.hmetro.com.my/mutakhir/2021/05/701621/econsave-edar-100000-peket-bubur-lambuk], hmetro.com, Retrieved September 13, 2021</ref>
==See also==
* [[List of hypermarkets#Malaysia|List of hypermarkets]]
* [[List of supermarket chains in Malaysia|List of supermarkets in Malaysia]]
{{Portalbar|Malaysia|Companies|Supermarkets}}
== References ==
{{reflist}}
== External links ==
* {{Official website|http://www.econsave.com.my}}
{{Authority control}}
[[Category:1955 establishments in Malaya]]
[[Category:Hypermarkets]]
[[Category:Supermarkets of Malaysia]]
[[Category:Privately held companies of Malaysia]]