Bleak outlook for retail sector
The prospect of the retail sector may look gloomy during the second Movement Control Order (MCO 2.
YTL Corp unit submits plan for new Hangout pop-up village in Bristol
KUALA LUMPUR (Jan 20): YTL Group has reportedly submitted its planning application to local councils for a new development called the Hangout, a pop-up village which offers tipi-style restaurants, temporary retail and entertainment space in Bristol, the UK.
Parkson to challenge S$3.8m claim by Vietnamese landlord, suspends loss-making store ops in Danang
KUALA LUMPUR (Jan 18): Parkson Holdings Bhd announced that Parkson Vietnam Co Ltd (PVC) had received a letter from its landlord in Vietnam alleging, among others, that PVC is required to pay a total amount of VND66.
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Retail Group Malaysia 'expects' retail industry to turn around next year
KUALA LUMPUR (Dec 26): The retail industry is expected to turn around next year, growing at a forecast 4.
Still no light at the end of the retail tunnel
KUALA LUMPUR (Dec 2): For the third quarter of 2020 (3Q20), the Malaysian retail industry recorded a poorer-than-expected growth rate of -9.
Some retailers continuing to expand, opening in malls
PETALING JAYA (Nov 28): Even though there have been shocking high-profile closures such as Singapore-based Robinsons in Shoppes at Four Seasons Place and The Gardens Mall in the midst of the pandemic, there have been reports of retailers continuing to expand and opening in malls.
Aeon returns to black in 3Q as relaxation in lockdown boosts consumer spending
KUALA LUMPUR (Nov 26): Aeon Co (M) Bhd returned to the black with a net profit of RM16.
IGB reverses losses in 3Q on higher contributions from business segments
KUALA LUMPUR (Nov 19): IGB Bhd mounted an earnings recovery in its third financial quarter ended Sept 30, 2020 (3QFY20), posting a net profit of RM16.
Malls and retailers want more clarifications on CMCO SOPs
PETALING JAYA (Nov 17): While appreciating the updated Standard Operating Procedures (SOPs) given by the government, shopping mall operators and retailers are seeking more clarifications on their implementation over concerns of themselves or patrons being penalised.
重点报道：商场的CMCO 2.0生存秘笈
节节上升的新冠肺炎确诊人数导致政府被迫二次执行有条件行动管制令（简称CMCO）。虽然这并非商场的过错，但一浪接一浪的坏消息仍让城内各大商场蒙受每日访客人数剧减的打击。 针对第二次CMCO的影响，马来西亚购物广场协会（PPK）主席丹斯里Teo Chiang Kok告诉EdgeProp.
