PETALING JAYA: Retail Group Malaysia (RGM) has revised upward its 2010 growth forecast for the local retail industry to 6.1% from 5.5% initially due to the better-than-expected performance by its members in the third quarter of the year.
“The revised total sales turnover expected for this year is RM75.3bil (compared with RM74.9bil earlier), according to the Malaysia Retail Industry Report (September 2010) issued by RGM yesterday.
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