KUALA LUMPUR: Retail Group Malaysia (RGM) has revised downwards its sales growth forecast for 2021 to 0.8% from 4% initially, mainly due to the business disruptions caused by the various movement restrictions imposed this year.
In its latest Malaysia Retail Industry Report, RGM said retail businesses were hit hard by the numerous lockdowns that were implemented to curb the rise in Covid-19 cases.
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