No hiding from the pandemic for retailers

Retail Group Malaysia (RGM) managing director Tan Hai Hsin (pic) says “billions of expected retail sales revenue” during the Hari Raya festive period will be lost as a result of the latest lockdown. “This is indeed devastating news for most Malaysian retailers, who were hoping to recover their sales loss during the second MCO (MCO 2.0) in early 2021."

THE implementation of the latest movement control order (MCO 3.0) will see mall operators and retail associations bracing for tough times ahead, as they employ measures to mitigate the impact to their businesses.

Retail Group Malaysia (RGM) managing director Tan Hai Hsin (pic) says “billions of expected retail sales revenue” during the Hari Raya festive period will be lost as a result of the latest lockdown.