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The retail industry in 2021 has been serverly damaged by the Covid-19, resulting in negative monthly growth for nationwide. However, it has been recovering later in the year and is forecasted to rebound in 2022 when the pandemic is under control.
Key poisitive trends:
Key negative trends:
Online sales is being focused by MT chains with web being the channel for IT/ Electronic devices while mobile apps are preferred for beauty and mom products.
Store counting is as of April, 2022
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