Home textile exports had reported a double-digit decline in FY2023 and 4M FY2024 amid high raw material expenses, energy inflation and muted demand. An ICRA report is raising their hopes.
NRF expects record spending during the holiday season – defined as 1st November through 31st December – and forecast retail sales to increase between 3% and 4% over 2022 to between $957.3 billion and $966.6 billion
Astro Malaysia Holdings (Astro) has ceased operations of its home shopping business “Go Shop” effective 11 October due to the challenging overall economic landscape and the changes in consumer shopping behaviour.
GS25, a convenience store chain run by GS Retail, joined hands with LOCA Mobility to introduce a public transportation card for foreign visitors, the company said Sunday.
Major TV home shopping channels saw their bottom lines deteriorate further in the second quarter due to rising transmission fees paid to broadcasters and sluggish sales of profitable products such as furniture and home appliances, according to company officials, Sunday.