Mainland Retailer Struggles in Hong Kong Amid Sky-High Rents and Competition
Sunday, 23 June 2024, 23:00
Challenges Faced by Mainland Retailers
The rise in rents and competitive market conditions have posed significant challenges to mainland retail brands in Hong Kong.
Impact of Operating Costs
- Pressure on Businesses: Several food and beverage chains are ending their tenancies due to the financial strain.
This trend underscores the difficulties faced by mainland retailers in sustaining their operations in Hong Kong.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.