Local Supermarkets Face Tough Adjustment Period as Turnover Falls 30 Pct: Industry Rep

Supermarkets struggle amid consumption downgrade: association

The supermarket sector is facing significant challenges as a wave of store closures signals a deeper crisis within the city’s retail industry. With consumption downgraded and operational costs rising, supermarket operators find themselves in a difficult transition period that may last well beyond this year. The once-crucial lifeline during the Covid-19 pandemic, supermarkets have now […] The post Supermarkets struggle amid consumption downgrade:…

Macao’s supermarkets are struggling and the hard times are far from over, insider says

Residents’ preference for shopping on the mainland and the exclusion of large supermarket chains in the government’s consumption drive are taking a toll The post Macao’s supermarkets are struggling and the hard times are far from over, insider says appeared first on Macao News.

Local supermarkets face tough adjustment period as turnover falls 30 pct: industry rep

Local supermarkets are navigating a challenging post-Covid period, with turnover down by about 30 per cent due to exclusion from the government’s consumption voucher scheme and subdued consumer spending, said Wong Man Wai, president of the Supermarket and Livelihood Food Association of Macau. In an interview published by Macao Daily News on Wednesday, Wong, who also heads the local Tai Fung Supermarket chain, said that some supermarket chains ha…