News about retail

  PETALING JAYA (July 27): Despite office rents generally remaining stable, the resizing measures taken by some companies due to Covid-19 pandemic are likely to result in downward pressure on rentals and occupancy rates in the short-term, said Nawawi Tie Leung Property Consultants.

PETALING JAYA (July 21): Japanese homewares and lifestyle retailer Muji said that its business in Singapore and Malaysia will operate as usual despite the United States arm filing for bankruptcy protection, reported Channel News Asia.

KUALA LUMPUR (July 17): The retail prices of RON95 and RON97 will remain at RM1.

KUALA LUMPUR (July 15): Knight Frank Malaysia, in its Real Estate Highlights for 1H2020, anticipates retail sales to gradually improve moving forward with further easing of restrictions during the current recovery phase of the movement control order (MCO).

KUALA LUMPUR (July 13): The Malaysian retail industry recorded a negative growth rate of 11.

KUALA LUMPUR (July 9): Wholesale and retail trade rose by RM17.

KUALA LUMPUR (July 3): Malayan United Industries Bhd (MUI) said its unit agreed to sell a freehold retail space in Penang at below market value to conclude negotiations quickly given the current economic uncertainties.

PETALING JAYA (June 12): The average occupancy rate of malls in Greater Kuala Lumpur has remained stable, only falling marginally by 0.

KUALA LUMPUR (June 11): Malaysia's sales value of wholesale and retail trade plunged 36.

KUALA LUMPUR (June 10): Suria KLCC's newly revamped Ramlee Mall is set to welcome several new stores which will be featured for the first time in Malaysia and even in the world.