Insight - Retail sector mildly positive on 2021


Surviving the pandemic: A file picture showing shoppers at the Kenanga Wholesale City before the MCO came into effect. The number of store closures among small retailers is quite low despite the lockdown, according to Tan.

THERE is no respite from the coronavirus which has again pummelled some of the big names in retail.

With the 162-year-old Robinsons shutting down in Malaysia and Singapore, two of Britain’s best known retailers, Debenhams and Arcadia with brands such as Topshop and Dorothy Perkins, have collapsed.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Insight , retail sector , positive , 2021 , Plain Speaking ,

   

Next In Business News

Apple CEO says it is considering a manufacturing facility in Indonesia
China stocks gain as securities regulator clarifies concerns over delisting rules
Asian shares mixed as Fed's Powell rethinks rate cuts, yields jump
Malaysian Genomics partners De Cell to bring cell-gene therapy programme to market
Reservoir Link sub-unit bags RM22mil solar farm sub-contract
Luxury below the sea
FBM KLCI's rebound fizzles
Capitalising on comfort
Transferring in style
An 'ideal scenario' for Muhibbah's Cambodia concession - CGSI

Others Also Read