("stories"" from the marketplace - these are just a self analysis)
Major retail sectors (including big names/brands) in Malaysia are experiencing great turbulence especially post pandemic are still haunting them.
Retail sales are dropping badly, layoffs are slowly happening, signs of inflation, branches are closed, public listed ones are reentering PN17 despite great CDR plans, high operation cost, big lawsuits, failure in seeking new buyers/investors for takeover, failed rebranding - even the ratings are low.
I wouldn't mention names - those that I've identified facing problems are department stores, fashion/apparel/footwear and furnitures.
Surprisingly the ones that I never expected are low budget marts (RM2/3 ringgit shops), makeups/personal care, Coffee beverages/baked goods and grocery stores.
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