Survey: Higher retail sales in store this year


  • Business
  • Thursday, 18 May 2006

KUALA LUMPUR: Sales at Aeon Co (M) Bhd, Isetan of Japan Sdn Bhd and other local retailers will probably rise at a faster pace this year as economic growth accelerates, an industry survey showed.  

Retail sales may increase 7% to RM58.7bil this year after growing 6.2% to RM54.9bil in 2005, according to a survey by the 100-member Malaysian Retailers Association.  

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