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Parkson Retail sinks into 1Q loss on declining same store sales growth

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Parkson Retail sinks into 1Q loss on declining same store sales growth

Benjamin Cher Published on Thu, Nov 10, 2016 / 6:27 PM GMT+8

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SINGAPORE (Nov 10): Parkson Retail sunk into a loss of $5.2 million in 1Q from earnings of $49.5 million a year ago. This came on the back of negative same store sales growth across all regions and losses incurred from new stores and businesses.

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