Retailers experiencing 'uneven' recoveryListen to this articleShoppers browse festive-related goods at a Bangkok department store. The TRA has predicted growth of roughly 3-5% for the retail sector in 2025, compared with GDP growth forecasts of 2.3-3.3%. However, the recovery has been gradual and uneven, depending upon different retail formats and geographical areas. Fashion and lifestyle shops, along with specialty retailers and restaurant chains, experienced growth rates ranging from 3-7%. Despite numerous positive developments, retailers continue to confront challenges, said Nath Vongphanich, president of the association.

Source: Bangkok Post November 26, 2024 11:44 UTC