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

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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.

 

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