The retail sector is suffering as people stay at home. Photo: K.Y. Cheng The retail sector is suffering as people stay at home. Photo: K.Y. Cheng
The retail sector is suffering as people stay at home. Photo: K.Y. Cheng

Estimated 10,400 retail workers axed, 5,200 shops to close in Hong Kong by end of May as coronavirus hammers sector, trade body warns

  • Hong Kong Retail Management Association says 96 per cent of the 152 companies it surveyed had suffered losses since the health crisis broke out
  • Association chief says latest government relief package can only delay a rise in the city’s jobless rate

Topic |   Coronavirus pandemic
The retail sector is suffering as people stay at home. Photo: K.Y. Cheng The retail sector is suffering as people stay at home. Photo: K.Y. Cheng
The retail sector is suffering as people stay at home. Photo: K.Y. Cheng
READ FULL ARTICLE