News feed：Retail's doom and gloom

（明報製圖）

Today's Ming Pao News from Hong Kong, China and the world

【明報專訊】Hong Kong's retail sales fell for 13 consecutive months, plummeting 44% in February 2020, the deepest dive since records began. The pandemic has paralysed the tourist industry and crippled local consumption. It is worried that there might be a wave of closures, causing an increase in the unemployment rate. Some landlords did cut rents, but in a piecemeal (零碎的) manner. Chief Executive Carrie Lam said landlords and retailers should ride out the storm together.

“ Dr Panda: Don't gloat at our plight (幸災樂禍)! ”

“ Eason: Hey do you guys need my generous help? ”

■Today's Ming Pao News from Hong Kong, China and the world：bit.ly/2sGQ1b3 Valid for 30 days

[Smarties' Power English 第276期]

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