Eco-Shop Once Said No Price Hike For At Least 5 Years, New Banner Says Otherwise
Eco-Shop, a convenience store which has been a preferred option for quite some time, is instituting a price hike starting April 14, 2025.
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Rising prices of goods are an issue that is often discussed by people especially during unpredictable economic situations.
The common possible factors for price increment could be due to increased production cost, inflation and demand and supply of goods.
This situation can directly affect our country, especially the people, targeting particularly the lower income groups.
Eco Shop’s RM2.40 to go up
Recently, Eco-Shop, a popular budget convenience store, announced a price increase, surprising many shoppers.
Several photos of their banner had gone viral on social media, in which it says the chain will institute a 20 sen hike.
Starting from 14 April, 2025, Eco-Shop’s RM2.40 price tag will go up to RM2.60 in Peninsular Malaysia and from RM2.60 to RM2.80 in Sabah and Sarawak.
The sudden announcement of an increment has caused frustrations among regular customers many of whom have relied on the store’s affordability for so long.
Eco-Shop stated in the banner that the increase is for the sake of maintaining their quality as well as making sure that their service is always top notch.
Back in 2023, Eco-Shop Malaysia CEO Jessica Ng had said that they would try to maintain the RM2.40 price tag for at least five years.
People’s reactions
Many have taken to social media to voice out their disappointment on this matter.
A social media user reminisced how the price was once RM2 back when he first got to know the Eco-Shop in Taiping in 2014.
However, the price increase is not entirely unexpected, as Eco-Shop has gradually raised its prices over the years.
A Twitter user previously tweeted the trend in Sabah and Sarawak, noting price jumps from RM2 to RM2.10, RM2.20, RM2.40, and finally RM2.60.
The user joked that the Eco-Shop price hike trend could be an inflation tracker for our people.
Some customers have decided to look for alternative stores, refusing to accept the price change.
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