Property News · July 17, 2018

Majority of retailers ready to open more outlets as rising sales boosts their confidence, finds JLL survey


Eight out of 10 retailers plan to expand as sales in the first half have increased appreciably and are expected to grow further, thanks to a rise in tourists and an uptick in local consumption.
Eighty-three per cent of international and local retailers have plans to open new stores in Hong Kong over the next 12 months, up from 62 per cent a year ago, according to a survey released by JLL on Monday.
“There is a great deal of positivity in the market at the moment,” said James…

Source : South China Morning Post
Read more…Majority of retailers ready to open more outlets as rising sales boosts their confidence, finds JLL survey

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