Smart partnership: Ameer (left) and Noor Azam at the launch of the iMeriah Takaful. AmMetLife Takaful and Mydin has teamed up to offer iMeriah for eligible Mydin Meriah card members nationwide.
SUBANG JAYA: Hypermarket operator and retailer Mydin Mohamed Holdings Bhd expects the erosion of consumer purchasing power to continue weighing on the local retail industry.
Managing director Datuk Ameer Ali Mydin, who predicts challenging times ahead for the industry, said the hypermarket segment, which mainly targets the low to middle-income group, is already affected.
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