Q1 results from retailers in Thailand

Date : 19 May 2021

Soo-Eng Tan

Senior Analyst

Retailers report poor performance in Q1 2021 due to the high base in Q1 2020. Thai stores were still operating as normal in January and February in 2020. Most of the retailers also benefited in March 2020 when shoppers started stockpiling before the first lockdown. Q1 2021 affected by new waves…
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