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Wednesday, 5 November 2014, 20:16 HKT/SGT
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Source: International Housewares Retail Company Limited
International Housewares Retail Debuts its First Retail Shop at An Mtr Station
Embarking on Expansion of Retail Network along Mtr Train Routes

HONG KONG, Nov 5, 2014 - (ACN Newswire) - International Housewares Retail Company Limited ("IH Retail" or the "Group;" stock code: 1373), the largest housewares retail chain in Hong Kong, Singapore and Macau,1 has today announced the official opening of its first retail shop at an MTR station, its 248th retail outlet in Hong Kong.

IH Retail's first retail shop along an MTR route map was launched under the brand "Japan Home Centre." Occupying an area of approximately 1,100 sq ft located at the Tuen Mun Siu Hong MTR Station, the shop is predominantly decorated in yellow and blue tones, which presents a creative variation of the easily-recognised Japan Home Centre brand image. Apart from the usual well-received household merchandise, the new outlet also carries the latest products catering for customers with different needs, This wide product choice enables the Group to attract a broader range of customers, enabling them to enjoy the convenience of a "one-stop" shopping experience for quality household products at competitive prices.

Mr. Lau Pak Fai Peter, Chairman and Executive Director of IH Retail, said, "We are delighted to introduce the very first retail shop in an MTR station, serving passengers' daily needs for household products. Thanks to its strong renowned quality brand, IH Retail has high flexibility in choosing new store sites anywhere in any size. By tapping the MTR train network, we hope to leverage the heavy traffic in these prime locations to attract a wider range of customers and drive for further growth."

"While the economic condition in Hong Kong may be unstable from the fallout from the pro-democracy protests, to date our stores have maintained a satisfactory performance. With more openings of our retail shops along the MTR train route, we believe the Group can further benefit which should enable us to maintain stable growth and profitability in Hong Kong. We are excited about the prospects of opening more new stores in other MTR stations during the near future," Mr. Lau concluded.

Details of Japan Home Centre Store at Tuen Mun Siu Hong MTR Station
Address: Shop 32, Siu Hong MTR Station (West Rail Line)
Area: Approximately 1,100 sq ft
Business hours: 9:00am to 10:00pm


About International Housewares Retail Company Limited

Established in 1991, IH Retail is the largest houseware retail chain in Hong Kong, Singapore and Macau. The Group offers quality houseware products through an extensive retail network comprising 350 stores in Hong Kong, Singapore, Malaysia, the PRC, Macau, Cambodia, Indonesia, Saudi Arabia and New Zealand under the renowned brands including Japan Home Centre, City Life, Epo Gifts & Stationery, Happy Kitchen, Japan Home and Living Plus brands. Leveraging extensive sourcing channels and high-margin private label products, the Group provides a full range of houseware items at competitive prices, creating a "one-stop" shopping experience for customers. For more details about IH Retail, please kindly visit its official website: www.japanhome.com.hk

Contact:
Strategic Financial Relations Limited
Mandy Go        +852 2864 4812  [email protected]
Katrina Leung   +852 2864 4857  [email protected]
Kylie Chan      +852 2114 4990  [email protected]
Fax: +852 2527 1196 
Website: www.sprg.com.hk



Nov 5, 2014 20:16 HKT/SGT
Source: International Housewares Retail Company Limited

Topic: Press release summary
Sectors: Daily Finance, Daily News
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