Gregoire Michaud – Charm

‘Survival of the fittest’: landlords give discounts to Five Guys, others amid retail slump

Cs news7 months ago02 mins

And with additional headwinds expected in 2025, they said, brands with international appeal or unique selling points are driving new demand for retail space in the city. “The survival of the fittest will continue in the retail market,” said Cathie Chung, senior director of retail at JLL. “The fierce regional and local competition and the…

Opinion | Retail woes call for new ways to keep Hong Kong’s customers satisfied

Cs news8 months ago03 mins

Another double blow has struck Hong Kong’s retail sector and consumer confidence with the closure of a health products chain and gourmet popcorn business. The latest setback must motivate authorities to do more to address the city’s economic woes, but it should also highlight the challenges posed by shifting consumer habits. One of the latest…