slower growth for malaysia’s retail industry - personal care electronics

by:Yovog     2020-03-28
slower growth for malaysia’s retail industry  -  personal care electronics
Kuala Lumpur: Malaysia's retail sector is slowing.
The third quarter of 2013 was 1%, below 4.
8% a year ago, it expected 4.
According to the Malaysian retail group, growth in the fourth quarter of last year was 2%.
The company said on Wednesday that the latest quarterly results were significantly lower than expected at the previous 10 points.
5% were prepared in September, with an estimate of 6. 5%.
"This latest quarterly growth rate is also lower than the growth rate in the third quarter (4. 8%)
Quarter 2012 and two (4. 6%)
It said: "2013.
Members of the retailer association expect 4.
In the fourth quarter of 2013, their business grew by 2%.
Growth in supermarkets and hypermarkets, furniture, electrical and electronic products and personal care is expected to slow, resulting in lower overall estimates.
Department stores and supermarket operators are expected to maintain a growth rate of 8.
The fourth quarter of last year was 9%.
"Department store operators hope to achieve a major transformation with positive growth of 9.
The last three 4%-
One month last year.
"The operators of supermarkets and hypermarkets are not optimistic about their business in the near future.
They expect slower growth.
It was 4% last quarter, "the company said.
Similarly, retailers in the fashion and fashion accessories industry expect their business to rebound with 6 growth.
The last quarter of 2013 was 1%.
"Retailers of other specialty storessector (
Including photographic equipment, optical products, sportswear and sports equipment, health and fitness equipment, toys, souvenirs, customs duty retailers that provide photo processing services
Free shopping and crafts)
Confident that their business will improve with the growth of 6.
7% in the last three months-
Malaysia retail group said: "in 2013.
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