Tag Archives: supermarket

July 03

Gloomy retail outlook for the first quarter

The lower-than-ex­pected retail sales performance for the first two months has led Retail Group Malaysia (RGM) to revise the country’s projected retail sales growth rate for this year down­wards for the second time to 4.9% from 5.5%, writes Laura Lee. Its previous revision from 6% to 5.5% was made on Jan 26, when RGM released […]