CMCO and retail: Loss of sales 'could be as much as RM3.4b', says RGM
KUALA LUMPUR (Oct 17): The latest two-week Conditional Movement Control Order (CMCO) could cause retailers to lose “a whopping” RM3.
Retail groups question rationale for restaurants with bar service to close by 11pm in Selangor
KUALA LUMPUR (Oct 3): Retail groups have questioned the rationale for restaurants with bar service to close by 11pm beginning from today as announced by the menteri besar (MB) of Selangor.
Covid-19 hastens digital transformation of hospitality industry
KUALA LUMPUR (Oct 3): The Covid-19 outbreak has without doubt impacted many businesses and the travel and hospitality industry is one that felt the full force.
Grocery retailers 'revived' by pandemic, says report
KUALA LUMPUR (Sept 12): The Covid-19 pandemic seems to have given struggling grocers a second wind of sorts.
MCO sparks retail market bloodbath in 2Q, could drag sales down by 9.3% in 2020 — report
KUALA LUMPUR (Sept 2): Retailers in Malaysia recorded their worst-ever quarterly performance in the April to June 2020 period, with sales contracting by 30.
Retailers 'still struggling to make up lost ground'
KUALA LUMPUR (Aug 29): It looks like retailers are still not out of the woods in the new normal.
Malaysian retail REITs to see light at end of tunnel
KUALA LUMPUR (Aug 12): A gradual recovery is underway in the retail industry, which is signalling Malaysian real estate investment trusts (REITs) in the retail space are set to see light at the end of the tunnel after the pandemic-induced slump.
KLCC Stapled Group 2Q net profit drops as retail, hotel segments heave under MCO
KUALA LUMPUR (Aug 6): KLCC Stapled Group saw its net profit for the second quarter ended June 30, 2020 (2QFY20) fall by 22.
New norm in workplace putting pressure on office rentals growth
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.
Muji Singapore and Malaysia business not affected by US bankruptcy protection filing
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.
