malaysia retail industry report july 2020

In today’s world, leaders are facing tough challenges and complex issues. July 2020 New light-vehicle sales improved for the third consecutive month in July. Data kumulatif kes setiap di setiap negeri. The 2021 edition of the Community Industry Report includes responses from 528 community managers who completed our online survey between November and December of 2020. The leisure and hospitality industry was particularly affected by coronavirus pandemic-related job losses. Demand growth in the soap and cleaning agent market Malaysia 2011-2018. It’s 2019 and the term “omnichannel” is still bandied around in retail circles. In Statista. 8. Investor. This latest quarterly result did not meet market expectations. The latest report from Golf Datatech tracked August rounds at 20.6% up year over year, which means an increase of roughly 10 million rounds over … Global Airport Construction Projects : September 2020 $ 3950 Europe Airport Antenna Market Forecast to 2027 - COVID-19 Impact and Regional Analysis by Airport Type, Antenna Type, Frequency Band, and Application : November 2020 $ 3000 Airport Antenna Market Forecast to 2027 - COVID-19 Impact and Global Analysis by Airport Type, Antenna Type, Frequency Band and Application Investment - Malaysia’s property market gained traction as transaction activity in 3Q 2019 went up by 5.6% to 83,186 transactions and 4.7% to RM34.7 billion respectively from the same time last year. Business Openings Recover, Reopenings Rise, and Changes in Consumer Interest Indicate a Return to Pre-Pandemic Activities, According to Yelp Economic Average. Jun 2021. The World Economic Forum publishes a comprehensive series of reports which examine in detail the broad range of global issues it seeks to address with stakeholders as part of its mission of improving the state of the world. The world’s first comprehensive energy roadmap shows government actions to rapidly boost clean energy and reduce fossil fuel use can create millions of jobs, lift economic growth and keep net zero in reach This followed a blockbuster … Online spending represented 21.3% of total retail sales last year, compared with 15.8% the year prior. Now in its 38th year, The Industry Report is recognized as the training industry’s most trusted source of data on budgets, staffing, and programs. May 2020 New light-vehicle sales showed signs of recovery in May, with a SAAR of 12.21 million units. Monthly Palm Oil Trade Statistics. Written on Sat, May 15, 2021. Shares of Goldman Sachs Group Inc. GS, +0.70% edged up 0.2% in premarket trading Friday, after the bank confirmed a $3.9 billion deal with the Government of Malaysia … Consumers spent $861.12 billion online with U.S. retailers in 2020, up 44.0% from $598.02 billion in 2019, according to the latest Digital Commerce 360 analysis. Country Re-Opening Policies. Vehicle sales performance in Malaysia, H1 2020 versus H1 2019 – huge 16,200% increase from April to May. In the Malaysia Retail Industry Report July 2020 released today, RGM said this latest quarterly result was better than the estimate of negative 18.8% made in April 2020. Featured Global Reports. Dec 22, 2020 | USD 1,415... the residential and non-residential buildings sectors and thecontinued development of EU-funded energy and transport projects over the coming years. Retail Banking (399) Wealth Management (459) Retail. The global dietary supplements market size was valued at USD 140.3 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 8.6% from 2021 to 2028. Breaking news, analysis and opinion on the world of retail in Asia and right across the Asia Pacific region. Syed Hamzah in accusing Sarawak Report of 'Fake News' stated that he sold his shares in Azzahra Products in 2015 and ended his interest in the company. Market Statistics. The retail market turned into a bloodbath since the middle of March with the implementation of the Movement Control Order (MCO). Report. KUALA LUMPUR (July 13): The Malaysian retail industry recorded a negative growth rate of 11.4% in retail sales for the first quarter of 2020, said Retail Group Malaysia (RGM). Employment in the informal sector in 2019 recorded 1.26 million people, contributed 8.3 per cent of employment in Malaysia. Malaysia - Retail Sales. Plant-based meat is a rapidly growing category, with $1.4 billion in 2020 dollar sales, growing 45% since 2019. HSBC Amanah is an Islamic banking subsidiary of HSBC Bank Malaysia. Besides reports on its key events and standalone publications such as the Global Competitiveness Report, the Global Risks Report and the Global Gender Gap Report… An Overview of Malaysia Retail Industry. Search industry reports, statistics & slideshows. Market Statistics. The residential sector continues to recover, logistics will benefit from low vacancy in most markets, and in the office sector Perth and Brisbane are forecast to lead the nation in terms of effective rental growth. Assuming domestic economy will recover from the second half of this year, Malaysia retail industry growth rates for third and fourth quarters will be 2.5% and 3.3% respectively. The report has segmented the market on the basis of product type, species, weight, region, and distribution channel. Year 2020 has been the worst period for retailers in Malaysia since 1987. Jan – Dec 2020… The world is facing an unprecedented global health, social and economic emergency as a result of the COVID-19 pandemic. Malaysia Cards and Payments - Opportunities and Ris… $ 2750 October 2020. The report provides retail market forecasts till 2022 for Malaysia. Find the most up-to-date industry trends, top 10 lists and industry information to help you create better sales and marketing strategy plans, know what markets to enter or avoid, and to guide a variety of business decisions. Retail, hospitality, and commercial real estate are also growing significantly, providing the much-needed infrastructure for India's growing needs. June 2020 New light-vehicle sales in June improved compared to May but remain down significantly compared to this time last year. NRF Chief Economist Says 'Satellite Account' Would Better Measure Retail Performance. Monthly Economic Review: May 2021. PwC Retail Banking 2020 Overview. For 2022, we forecast that U.S. retail sales of electricity will grow by another 1.4%. Plant-based milk is the most developed of all plant-based categories, with $2.5 billion in 2020 dollar sales. June 11, 2020… and Life Sciences This report published in June 2008 explores opportunities to improve the R&D process. Among the major economic sectors, Agriculture, Forestry, and Fishing (AFF) declined by -1.2 percent in the first quarter of 2021. We’re dedicated to delivering you the information you need. Copy: S: Dashboard Ringkas - Infogram. HSBC Bank Malaysia Berhad – The largest foreign bank in Malaysia with more than 60 branches and 4,000 employees. source: Statistics Singapore. Retail Insights and Trends From NRF’s blog, podcast and research From exploring the impact of retail in our economy to telling the stories of the 42 million Americans that make up the industry, NRF highlights industry insights, data and trends through our blog , podcast , video , live events and original research . Market Size & Industry Statistics. In Cars, Local News, MAA Vehicle Sales Data / By Gerard Lye / 24 July 2020 … 2019. Detailed research and segmentation for the main products and markets. Employment recorded a marginal increase of 0.5 per cent month-on-month (July 2020: 0.6%) to 15.15 million persons in August 2020. The global coffee market was valued at USD 102.02 billion in 2020, and it is projected to reach a CAGR of 4.28% during the forecast period of 2021-2026. Industry analysis. Release Date : Monday 27, July 2020 1200 DOMESTIC TOURISM SURVEY 2019 Release Date : Tuesday 30, June 2020 1200 Wholesale & Retail Trade Sector Registered Sales Value of RM1.27 Trillion in 2018 Release Date : Thursday 28, May 2020 1200 Revenue Wholesale & Retail Trade Sector Increase 8.2 per cent annually Youth employment in this industry was down by 1.1 million, or 21 percent, compared to July 2019. The full-year retail performance was also far worse than the contraction of 5.6% in gross domestic product (GDP) in 2020. “The previous year when (the) Malaysian retail industry had a negative growth rate was 1998 — the first year of the Asian financial and economic crisis. Ecommerce sales. KUALA LUMPUR (July 13): The Malaysian retail industry recorded a negative growth rate of 11.4% in retail sales for the first quarter of 2020, said Retail Group Malaysia (RGM). Accurate market data is crucial to a successful business strategy. Industrial production fell 22.1% year-on-year in May (April: -32.0% yoy). The total U.S. industry market size for Beauty Salons: Industry statistics cover all companies in the United States, both public and private, ranging in size from small businesses to market leaders.In addition to revenue, the industry market analysis shows information on employees, companies, and average firm size. Each consumer report offers the primary research and in-depth data found in our market data reports alongside expert insights, trend analysis and market forecasting. Sales of groceries, excluding takeaway food and drink, rose nearly 17% in the three months to 12 July, with local shops and online services accounting for … In 2020, cigarettes maintained the trend seen since 2016 of declines in both retail volume and current value terms. Pages: 85. In the peak of Malaysia’s lockdown, online retail sales grew 28.9% on-year in April, and despite lockdown restrictions being relaxed in May and June 2020, online retail sales expanded by a further 39.3% and 35.5% on-year respectively. Published by R. Hirschmann , Nov 4, 2020. Overall sales in July stayed above pre-pandemic levels. released on Wednesday, July 7, 2021 at 10:00 a.m. (ET). Resale is expected to grow 5X over the next 5 years, while retail is projected to shrink. While 42 percent of data are usually collected by phone at the JOLTS data collection center, most phone This is a change of 0.20% from last week and 50.95% from one year ago. Retail sales of the global direct selling industry in Malaysia from 2013 to 2019 (in million U.S. dollars) [Graph]. 01/05/2020. A Family Business? Phenomenal growth potential. But revenue and membership numbers aren’t where the story ends. KUALA LUMPUR: Malaysia’s retailers are expected to bring in RM10.9 billion less in sales this year after the industry cut its forecast to a 5.5% contraction, from a 4.6% growth projection in December 2019. In the period from 01 December 2019 to 30 April 2020 -- most banks saw a price slump in mid-March. Retailers in malls report sales having fallen between 50% to 90%, with retailers trading in tourist March 17, 2020 15:59 pm +08. Regional Market Performance. One Year into the Pandemic, Yelp Data Reveals Impact on Local Economies. Jul 10, 2020, 15:45 ET Share this article DUBLIN , July 10, 2020 /PRNewswire/ -- ResearchAndMarkets.com published a new article on the retail industry, "Merging Online … Foreign buyers and investors may help to reduce the residential overhang following the proposed lowering of the foreign price threshold in Budget 2020. Historic number of stores, selling space and values, company and brand market shares. The growth was supported by Wholesale Trade and Retail Trade which rose 3.5 per cent and 1.4 per cent respectively. These Community Mobility Reports aim to provide insights into what has changed in response to policies aimed at combating COVID-19. This report forecasts revenue and volume growth at global, regional, country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2015 to 2025. However, luxury goods in Malaysia is a highly-fragmented industry, with a large number of multinational players aggressively competing against each other. Welcome to the 2020 Australia . Research & insights. We expect construction industry valueto increase by an annual average of 2.8% between 2021 and 2029. US and Canada Office Fit Out Guide - 2021. Available in: English. In 1999, Dairy Farm International Holdings bought a 90% interest in the chain, with the Teng family retaining the balance. 2020. Post eCommerce Industry report . Industry Reports. Retail sales grew only 1.2% last month compared to June. (July 1, 2020). 23 Friday, June 11, 2021 - Page 4 Wtd Avg - Simple weighted average Cherries Rainier per pound 828 4.94 1,030 4.84 122 4.47 Cherries Red Varieties per pound 9,574 3.92 13,829 3.69 5,245 3.79 Clementines 3 lb bag 423 5.34 150 4.99 140 5.85 International tourism expected to decline over 70% in 2020, back to levels of 30 years ago. DOWNLOAD THE AUTHORITATIVE 2020 CANNABIS INDUSTRY REPORT TODAY. WFDSA. MALAYSIA’S retail industry recorded the worst growth rate in 33 years with the outlook remaining negative for the year, as consumers are expected to tighten their spending when the loan moratorium ends this month.The industry suffered a negative growth rate of 30.9% in retail sales for the second quarter of 2020 (2Q20) compared to the same period last year.The latest performance is … The growth rate of Malaysia retail industry in 2015 is expected to increase by 2.0%. The State of Local SEO Industry Report 2020, Announced. Forbes is a leading source for reliable news and updated analysis on Retail. The office market in top eight cities recorded transactions of 22.2 msf from July 2020 to December 2020, whereas new completions were recorded at 17.2 msf in … The association said this year has been the worst period for retailers in Malaysia since 1987. This industry report originates from Passport, ... Table 139 Forecast Consumer Foodservice through Retail: Units/Outlets 2020-2025 Moz’s very warmest thanks to the 1,453 respondents who volunteered time to contribute to this second installation of our industry survey. In 1998, retail sales in Malaysia dropped by 20%,” Retail Group Malaysia (RGM) managing director Tan Hai Hsin said in the report released this morning. Flagship report The world has a viable pathway to building a global energy sector with net-zero emissions in 2050. Coronavirus (COVID-19) Pandemic Impact on April 2021 Job Openings and Labor Turnover Survey Data Data collection for the JOLTS survey was affected by the coronavirus (COVID-19) pandemic. Global Real Estate Perspective May 2021. International Standard Serial Number : 2546-0625. We expect the share of electric power generation produced by natural gas in the United States will average 36% in 2021 and 35% in 2022, down from 39% in 2020. Members of the Malaysia Retailers Association (MRA) were interviewed on their retail sales performances for the first half-year of 2020. This year has been the worst period for retailers in Malaysia since 1987. The retail market turned into a bloodbath since the middle of March with the implementation of the Movement Control Order (MCO). May's smaller drop came on the back of more moderate falls in manufacturing, and electricity and gas generation output. KUALA LUMPUR (April 14): Malaysia’s full-year retail sales growth forecast has been revised downwards to -5.5% in 2020 from 4.6% growth projected in December 2019 as Covid-19 and the Movement Control Order has dragged down retail growth in the first two quarters of 2020. The report presents the chicken industry situation in terms of inventory by farm type, age classification and by top producing regions, volume of production, day-old Chicks (live) and chicken meat imports, supply and utilization, and average monthly levels of farmgate, wholesale and retail prices. In the Malaysia Retail Industry Report July 2020 released today, RGM said this latest quarterly result was better than the estimate of negative 18.8% made in April 2020. Dec 22, 2020 | USD 1,415 Weekly Retail Gasoline and On-Highway Diesel Prices. Malaysian retail industry sales contracted 11.4% in 1Q2020 – RGM (The Edge) The Malaysian retail industry … Industry Trends. In the Malaysia Retail Industry Report July 2020 released today, RGM said this latest quarterly result was better than the estimate of negative 18.8% made in April 2020. Malaysian borders were closed to foreigners on 17 March 2020. The research leverages Bain analysis, Google Trends, Temasek research, industry sources and expert interviews to shed light on the internet economy in Southeast Asia. Five year forecasts of market trends and market growth. Indian retail industry has emerged as one of the most dynamic and fast-paced industries due to the entry of several new players. The mobile games markets in Malaysia and Singapore have shown rapid growth in recent years, with revenues rising by a combined $135 million. Hotel Management Agreements. In 2020, Malaysia accounted for 25.8% and 34.3% of world’s palm oil production and exports, respectively. Since its inception in 1983, the IEA's Oil Market Report (OMR) has become recognised as one of the world’s most authoritative and timely sources of data, forecasts and analysis on the global oil market – including detailed statistics and commentary on oil supply, demand, inventories, prices and refining activity, as well as oil trade for OECD and selected non-OECD countries. The global business process outsourcing market size was valued at USD 232.32 billion in 2020 and is expected to register a compound annual growth rate (CAGR) of 8.5% from 2021 to 2028. … Read More. It employed 7.64 million people in February 2020, also the highest levels since 2008. Apparel, Accessories, Luggage and Leather Goods (272) Cash and Carries and Warehouse Clubs (174) Clothing & Footwear (1120) Convenience & Gas Stations (519) Drug Stores and Health and Beauty Stores (344) Duty Free Retailing (188) Electrical and Electronics (1109) Furniture and Floor (538) Malaysia has reported 6,894 cases of the coronavirus disease and 113 deaths, according to its health ministry. Total consumption expenditure is expected to reach nearly US$ 3,600 billion by 2020 from US$ 1,824 billion in 2017. The disposability and affordability of value watch brands make them a popular fashion choice among consumers, across the globe. Vietnam Retail Sector - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026) The Vietnamese retail sector is valued at USD 170 Billion in 2020 … ... primarily in retail and the hospitality industry. change on a scale that we have never seen before, altering the trajectory of the eCommerce industry. May 2020. was a record-breaking month for new thredUP visits. In Markets. PwC has decades of experience advising on a wide range of industries and services. Research May 04. released on Wednesday, July 7, 2021 at 10:00 a.m. (ET). Number Of Card. Shattering Stereotypes: How Today’s Women Over 50 are Redefining What’s Possible On-screen, at Work, and at Home. Resale is Poised to Accelerate. Following Q2’s record fall in GDP, activity contracted at a much softer pace in Q3 as Covid-19 restrictions were eased in early June. An assessment of the competitive landscape and market shares for major companies. The Malaysia Movement Control Order (MCO) started on 18 March and included measures such as limited operating hours for grocery retailers of 08. In 1998, … Omnichannel reality. Amid the COVID-19 pandemic, the F&B sector has emerged as one of the more resilient pockets of growth in Indonesia’s economy. THIS is a good time for owners and retailers in the mall and retail industry to explore what the drivers are that will shape 2020 as the sector seeks to recover from a sad state of affairs in the sector. Accurate market data is crucial to a successful business strategy. The womenswear segment was the industry's most lucrative in 2018, with total revenues of $4.2bn, equivalent to 52.5% of the industry… Retail sales contracted for four consecutive quarters at 11.4%, 30.9%, 9.7% and 19.7% respectively. The Alternative Fuel Price Report is a snapshot in time of retail fuel prices. Market Size Reports. 2020 Annual Report. The market research report includes: Historical data and analysis for the key drivers of this industry. Taiwan Medical Devices Q1 2021. by Tan Hai Hsin, Managing Director, Retail Group Malaysia-. Hotels & Chains Reports • Market Reports • Industry Reports • Hotel Market Reviews • Corporate Brochures • Annual P&L Studies • free download »» ... July 30, 2020. Giant was founded in 1944 as a small grocery store in Kuala Lumpur and expanded with the opening of the Teng Minimarket Centre in Bangsar in 1974. THE STATE OF THE CANNABIS INDUSTRY. In line with this, the employment-topopulation ratio increased to 65.2 per cent. Retail trade in Malaysia dropped 2.5 percent year-on-year in January 2021, following a 2.0 percent decline in December 2020. The World Economic Forum publishes a comprehensive series of reports which examine in detail the broad range of global issues it seeks to address with stakeholders as part of its mission of improving the state of the world. Payments. My experience with Research and Markets’ Customer Experience Team was great. The increasing consumer awareness regarding personal health and wellbeing is expected to be a key factor driving the market for dietary supplements over the forecast period. in Featured, Property. The Malaysian apparel retail industry had total revenues of $8.1bn in 2018, representing a compound annual growth rate (CAGR) of 6.4% between 2014 and 2018. January 07, 2020. Lamb Weston unveils 2030 ESG targets. Monthly Stock Comparison 2021. Furniture Market size valued at around USD 609.7 billion in 2019 and will exhibit a growth rate of over 5.4% from 2020 to 2026.The rapid expansion of the construction sector coupled with investments in smart city projects is expected to create new opportunities for the furniture industry. COVID-19. Retail Sales YoY in Singapore averaged 4.31 percent from 1986 until 2021, reaching an all time high of 54 percent in April of 2021 and a record low of -51.60 percent in May of 2020. For the second quarter of 2018, Malaysia’s retail industry reported a growth rate of 2.1% in retail sales, as compared to the same period in 2017 (Table 1). This represents a substantial uptick from our mid-pandemic assessment that global ecommerce would decelerate to 16.5% growth and demonstrates the remarkable extent to which consumers transitioned … It proposed that new technologies will enable the adoption of virtual R&D; and by operating in a more connected world the industry… Malaysia Consumer Goods and Retail Sector Report 2020/2021. Our results include community professionals from 42 countries, representing a range of industries and company sizes. “For the whole year of 2020, the Malaysian retail industry is expected to suffer a decline in sales by (-)5.5% as compared to last year. The global pandemic has brought . With ‘Feel-Better Situation’ for Consumers, Economy Could See Fastest Growth Since 1980s. Market Overview. CPG, FMCG & Retail 03-16-2020 (Updated Jan. 12, 2021) Around the world, markets and consumers are now living with the novel coronavirus (COVID-19), and businesses are reorienting to the changing global corona-economy, each with varying levels of success. Powerful forces are reshaping the banking industry, creating an imperative for change. Besides reports on its key events and standalone publications such as the Global Competitiveness Report, the Global Risks Report and the Global Gender Gap Report… Malaysia has reported 6,894 cases of the coronavirus disease and 113 deaths, according to its health ministry. For this report, Members of Malaysia Retailers Association (MRA) were interviewed on their retail sales performances for the last part of 2016 till March 2017. The total retail sales turnover for 2015 is expected to be at RM 96.7 billion. Informal Sector Work Force Survey Report, Malaysia, 2019. Volume Index Of Wholesale Retail Trade Fourth Quarter 2020 The volume index of Wholesale & Retail Trade grew by 1.4 per cent quarter-on-quarter in the fourth quarter of 2020. Malaysia Retail Industry Report (July 2020) Members of the Malaysia Retailers Association (MRA) were interviewed on their retail sales performances for the first half-year of 2020. The August surge in U.S. retail golf equipment sales follows Golf Datatech’s recent report on July 2020 equipment sales of $388.6 million, which was also an all-time high since the Company started tracking data in 1997. In Q2 2020, for instance, ecommerce accounted for all retail gains and completely offset a 4.4% decline in offline sales as non-essential stores were closed. Mintel's Market Data Reports offer a quick and in-depth look at a market, providing Market Sizes, Market shares, Industry insights and 5 years forecasts. Despite a challenging year for retail in 2020, we estimate that worldwide retail ecommerce sales posted a 27.6% growth rate for the year, with sales reaching well over $4 trillion. Pharma 2020: Virtual R&D 1 Pharma 2020: Virtual R&D Which path will you take? Each decision needs to be informed and measured, as the impact can be wide ranging. Consumer Lending in Malaysia $ 2100 November 2020. “As for 3Q20 and 4Q20, the retail industry is expected to grow by 2.5 per cent and 3.3 per cent respectively,” it said, adding that Malaysia’s overall retail industry is expected to suffer a decline in sales of 5.5 per cent compared to last year. Access new updated reports and statistics for the Retail Industry in Malaysia. IBISWorld is a leader in global industry research and we’re known for our breadth and depth of trusted data and analysis. The State of Fashion 2020 CONTRIBUTORS ACHIM BERG Based in Frankfurt, Achim Berg leads McKinsey’s Global Apparel, Fashion & Luxury group and is active in all relevant sectors including clothing, textiles, footwear, athletic wear, beauty, accessories and retailers spanning from the value end to luxury. Updated 15 July 2020. A five-year forecast of the market and noted trends. Apparel, Accessories, Luggage and Leather Goods (272) Cash and Carries and Warehouse Clubs (174) Clothing & Footwear (1120) Convenience & Gas Stations (519) Drug Stores and Health and Beauty Stores (344) Duty Free Retailing (188) Electrical and Electronics (1109) Furniture and Floor (538) Featured Global Reports. This year, the study was conducted by an outside research firm May-July 2019, when members from the Training magazine database were e-mailed an invitation to participate in an online survey. April 2020 March 2021. Retail Sales Mom in Malaysia averaged 0.77 percent from 2014 until 2020, reaching an all time high of 30.50 percent in May of 2020 and a record low of -30.50 percent in April of 2020. In the period from 01 December 2019 to 30 April 2020 -- most banks saw a price slump in mid-March. June 15, 2020. It proposed that new technologies will enable the adoption of virtual R&D; and by operating in a more connected world the industry… Resale: 49%, Retail… Pharma 2020: Virtual R&D 1 Pharma 2020: Virtual R&D Which path will you take? Malaysia: Industrial output improves in May. Compiled and Written by Retail Group Malaysia. This report is provided as a service to members of MRA and the retail industry. It provides industry data that give retailers better analytical tools for running their retail businesses. US potato-products producer Lamb Weston has announced 2030 environmental, social, governance (ESG) targets. Kementerian Kesihatan Malaysia (KKM) ingin memaklumkan bahawa sebanyak 8,573,873 ujian saringan COVID-19 telah dijalankan sejak 1 Januari 20…. For more information on Golf Datatech, call 888-944-4116 or visit www.golfdatatech.com. National Retail Report - Specialty Crops Vol XV - No. Modified 31 Jul 2020, 6:25 am. According to Department of Statistics Malaysia, retail sales in March 2020 dropped by 6.6% YoY (+6.9%: March 2019) and fell by 9.9% MoM (-3.4%: February 2020), largely contributed by the plunge in non-essential retail sales. Retail Group Malaysia (RGM) announced several retail outlets have been facing severe revenue drop, which led to the closure of the stores. Breaking news, analysis and opinion on the world of retail in Asia and right across the Asia Pacific region. The most recent international estimate of retail sales available for July 2020 was published by the US Census Bureau on 14 August 2020. Monthly Economic Review: April 2021.

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