Property News · March 3, 2020

Pop-ups, smaller shops are gaining appeal as Hong Kong retailers seek to lure shoppers and rein in costs


Distressed retailers in Hong Kong are likely to adopt pop-up spaces and short-term leases as a strategy to rein in costs in an industry battling to overcome the impact of anti-government protests and coronavirus outbreak, analysts said.Developers and landlords are also likely to allot more space for pop-up stores to diversify their tenant mix and keep foot traffic in their properties even as businesses compete for a smaller pool of tourists and retail spending in the city.“We foresee smaller…

Source : South China Morning Post
Read more…Pop-ups, smaller shops are gaining appeal as Hong Kong retailers seek to lure shoppers and rein in costs

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