Another MCO spells doom for sales industry, retailers warn | Malay Mail

  • 📰 malaymail
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 86%

Business News News

Business Business Latest News,Business Business Headlines

Another MCO spells doom for sales industry, retailers warn

BY JERRY CHOONG

“Retailers are working hard to recover from huge losses suffered. Another MCO will cause unimaginable damage to the performance of the retail industry,” she said. “Though there was a marginal improvement compared to the period with stricter phases of MCOs last year and in the first quarter of 2021, we were way below in recovery from our performance prior to the pandemic,” she said.

Meanwhile, Retail Group Malaysia managing director Tan Hai Hsin was reported saying at the time that while retail and food and beverage sales are still below 2019 levels, he expected a more positive outlook in the second quarter of 2021.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in BUSİNESS

Business Business Latest News, Business Business Headlines