News feed:Retail's doom and gloom

[2020.04.22] 發表
(明報製圖)
Today's Ming Pao News from Hong Kong, China and the world

【明報專訊】Hong Kong's retail sales fell for 13 consecutive months, plummeting 44% in February 2020, the deepest dive since records began. The pandemic has paralysed the tourist industry and crippled local consumption. It is worried that there might be a wave of closures, causing an increase in the unemployment rate. Some landlords did cut rents, but in a piecemeal (零碎的) manner. Chief Executive Carrie Lam said landlords and retailers should ride out the storm together.

“ Dr Panda: Don't gloat at our plight (幸災樂禍)! ”

“ Eason: Hey do you guys need my generous help? ”

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[Smarties' Power English 第276期]

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