Frost & Sullivan accords MR D.I.Y. “Company of the Year” award for the 2nd year in a row

KUALA LUMPUR, 19 AUGUST 2022 - 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 awarded 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. (Malaysia) Head of Marketing, Alex Goh 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 everyday, and it also demonstrates that we continue to stay relevant to Malaysians 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. We commit to creating innovative retail experiences that capture the imagination of Malaysians, to always deliver value, and to serve our communities so that we positively impact lives,” added Goh.

Commenting on its recognition of MR D.I.Y., Narciso Podda, Director of Frost & Sullivan, said “MR D.I.Y.’s market leadership in Malaysia’s 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 fulfills 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 a number of 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/sg, 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.

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.

Contacts for Media Enquiries:

Zuhair Zarudin (Mr)

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Siti Aisyah Rosli (Ms)

Senior Executive (Advertising & Promotion)

MR D.I.Y.

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+6012 346 7744