Personal health care chain Watsons said it will close its shop in one of Hong Kong’s major tourist locations on Thursday after leasing it for two decades, a sign of the retail industry’s struggle to survive a near-total absence of visitors during the pandemic.Watsons, owned by tycoon Li Ka-shing’s CK Hutchison Holdings, said the closure of its large store at Star House in Tsim Sha Tsui, a popular shopping destination, was because the pandemic had “severely affected the local economy and…
Source : South China Morning Post
Read more…Watsons closes shop in Tsim Sha Tsui after 20 years in latest sign of Hong Kong retail sector’s struggle to survive coronavirus pandemic
