Retail industry to continue delivering good earnings
The retail industry will continue to deliver good earnings this year driven by strong consumer spending and expansion plans of companies, says OSK Research Sdn Bhd.
``The retail industry -- the largest private sector employer -- rebounded from a dismal March and added 29,000 jobs in April, indicating that retailers remain cautious but are seeing signs of an improving economy, and as a result, added to their payrolls heading into the summer,'' said NRF President and CEO Matthew Shay.