Monday, December 07, 2009

Sales At Shopping Complexes To Experience Growth This Year

Sales at all shopping complexes in Malaysia is expected to increase an average of seven to ten per cent this year from the three per cent recorded in 2008.

The president of the Malaysian Association for Shopping and Highrise Complex Management, Joyce Yap said the reason behind the expectation, is the growth in consumer traffic flow nationwide which has seen an average of 12 to 15 per cent growth from last year.

Yap said the association was also aiming for a three to four per cent additional growth in sales, next year, from this year's figure.

She was speaking to reporters at the "Creativity Seminar", focusing on the five senses integral to keeping the shopping experience alive and exciting.

According to Yap, this year's sales forecast is based on the rise in promotions,campaigns and good co-ordination with the government, through the Ministry of Tourism.

She said no new openings of shopping complexes is planned for next year or by the end of this year.

Source : Bernama
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