{"id":113118,"date":"2019-12-17T07:00:17","date_gmt":"2019-12-17T00:00:17","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-protests-create-space-for-new-businesses-to-expand-as-traditional-retailers-restaurants-retreat-after-seven-months-of-falling-sales\/"},"modified":"2019-12-17T08:06:40","modified_gmt":"2019-12-17T01:06:40","slug":"hong-kong-protests-create-space-for-new-businesses-to-expand-as-traditional-retailers-restaurants-retreat-after-seven-months-of-falling-sales","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-protests-create-space-for-new-businesses-to-expand-as-traditional-retailers-restaurants-retreat-after-seven-months-of-falling-sales\/","title":{"rendered":"Hong Kong protests create space for new businesses to expand, as traditional retailers, restaurants retreat after seven months of falling sales"},"content":{"rendered":"


\nNew retail entrants are taking advantage of the downturn in Hong Kong\u2019s economy to expand rapidly, as a rising number of big chains give up leases, forcing landlords to lower rents.Defying a depressed retail market battered by seven months of anti-government protests and an economy in recession, 24-hour gyms, fast-food chains with made-to-order burgers and even retailers selling red packets have grabbed empty shops on the cheap recently.A decline in traditional retailers and restaurants amid\u2026
\n
\nSource : South China Morning Post
\nRead more…Hong Kong protests create space for new businesses to expand, as traditional retailers, restaurants retreat after seven months of falling sales<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

New retail entrants are taking advantage of the downturn in Hong Kong\u2019s economy to expand...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-113118","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-tqu","jetpack-related-posts":[{"id":110821,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/several-dozen-hong-kong-retailers-likely-to-fold-as-protests-hit-sales-leaving-thousands-unemployed\/","url_meta":{"origin":113118,"position":0},"title":"Several dozen Hong Kong retailers likely to fold as protests hit sales, leaving thousands unemployed","date":"September 17, 2019","format":false,"excerpt":"\r Several dozen small retailers are likely to shut shop as soon as the end of this month due to plunging sales that could lead to thousands of lay-offs as protests frighten away tourists, according to a Hong Kong-based staffing agency.\u201cIt is just too hard to survive,\u201d said Alexa Chow\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":115726,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/as-hong-kong-retail-rents-sink-new-overseas-retailers-mass-market-brands-eye-expansion-on-the-cheap\/","url_meta":{"origin":113118,"position":1},"title":"As Hong Kong retail rents sink, new overseas retailers, mass-market brands eye expansion on the cheap","date":"April 19, 2020","format":false,"excerpt":"\r It is a time for bargains for new overseas and mass-market retailers looking to expand in Hong Kong, following a sharp correction in retail rents, property consultants said.\u201cWe are in talks with more than three overseas retailers, who are interested in entering the Hong Kong market. They are aiming\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":114676,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/pop-ups-smaller-shops-are-gaining-appeal-as-hong-kong-retailers-seek-to-lure-shoppers-and-rein-in-costs\/","url_meta":{"origin":113118,"position":2},"title":"Pop-ups, smaller shops are gaining appeal as Hong Kong retailers seek to lure shoppers and rein in costs","date":"March 3, 2020","format":false,"excerpt":"\r 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\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":28461,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mid-priced-brands-cash-in-on-falling-hong-kong-rents-at-expense-of-luxury-retailers\/","url_meta":{"origin":113118,"position":3},"title":"Mid-priced brands cash in on falling Hong Kong rents at expense of luxury retailers","date":"October 4, 2016","format":false,"excerpt":"\r Hong Kong may no longer be the darling of European luxury brands after the combined effect of a slower local economy and fewer mainland shoppers as a result of Beijing\u2019s anti-corruption crack down, but the city is still magnet for less expensive luxury brands and mid-priced retailers. Retail sales\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":154356,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/japanese-retailers-capitalise-on-hong-kongs-retail-property-slump-to-expand\/","url_meta":{"origin":113118,"position":4},"title":"Japanese retailers capitalise on Hong Kong\u2019s retail property slump to expand","date":"May 27, 2025","format":false,"excerpt":"\r 3Coins, an Osaka-based retailer, plans to open an outlet in Causeway Bay, joining a list of Japanese businesses that are finding value amid a slump in Hong Kong\u2019s retail real estate market. 3Coins will open its first store in mid-July in Hysan Place and will carry Japanese products including\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":139253,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/japans-nitori-opens-first-hong-kong-store-joins-slew-of-asian-retailers-expanding-in-the-city-as-western-brands-retreat\/","url_meta":{"origin":113118,"position":5},"title":"Japan\u2019s Nitori opens first Hong Kong store, joins slew of Asian retailers expanding in the city as Western brands retreat","date":"September 21, 2023","format":false,"excerpt":"\r Japanese furniture retailer Nitori Holdings, which opened its first outlet in Hong Kong on Wednesday, plans to gradually expand its footprint to 20 across the city in the coming years, according to a top executive.\r \r Source : South China Morning Post\r Read more...Japan\u2019s Nitori opens first Hong Kong\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/113118"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=113118"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/113118\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=113118"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=113118"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=113118"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}