Retail sector braces for more challenges ahead

Bernard Saw Bernard Saw Updated 1 week ago · Published on 13 Jan 2021 11:00AM · 0 Comments

Shoppers at the Bukit Bintang retail strip. Consumer spending was muted during Christmas and Chinese New Year won’t be much different, say retail associations. – The Malaysian Insight pic by Hasnoor Hussain, January 13, 2021.

DESPITE the almost back-to-back festivities of Christmas and Chinese New Year, retailers are bracing for slow business because of the prolonged Covid-19 pandemic.

Spending will be subdued for at least the first four months of the year, with the arrival of a coronavirus vaccine bringing only a little glimmer of hope.

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