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The retail sector is among the hardest hit industries by the Covid-19 pandemic, which is far from over, with the recent surge in infection rates.
According to our Head of Retail Services, Murli Menon, full recovery is a long way off. “While local consumption levels can bounce back with the rate of vaccination or immunisation, there is still the tourist-related business that will take time [to recover]." He further added that changed work habits are also going to modify and affect the pattern of consumption.
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