Retailers pin hopes on second-half rally | Bangkok Post: business

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Retailers pin hopes on second-half rally

Military regime's plan a confidence booster

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Retail sales are expected to improve in the second half and show 6-7% full-year growth from 1 trillion baht last year as consumers regain confidence, says a trade group. 

Discounts and promotions have popped up at many stores. Retailers are upbeat about full-year sales growth under policies put in place by the military regime. THANARAK KHUNTON

Busaba Chirathivat, president of the Thai Retailers Association (TRA), said retail business slowed in the first half on domestic uncertainty, resulting in a lacklustre environment for consumer spending.

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