{"id":60055,"date":"2017-07-07T05:47:13","date_gmt":"2017-07-06T22:47:13","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/rip-high-street-retailers-faced-by-the-relentless-onslaught-of-mobile\/"},"modified":"2017-07-07T05:49:41","modified_gmt":"2017-07-06T22:49:41","slug":"rip-high-street-retailers-faced-by-the-relentless-onslaught-of-mobile","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/rip-high-street-retailers-faced-by-the-relentless-onslaught-of-mobile\/","title":{"rendered":"RIP high street retailers, faced by the relentless onslaught of mobile"},"content":{"rendered":"


\nI overheard a young Hongkonger say recently, \u201cI rarely buy anything at shops anymore. I only shop online.\u201d
\nIt is not hard to notice the profound effect that e-commerce has had around the world and especially in an emerging and fast-growing market like China.
\nBut this phenomenon has yet to fully hit Hong Kong\u2019s major luxury malls and department stores that are crammed with overpriced purses and overwrought window displays.
\nDespite a restructuring of Hong Kong retail outlets by…
\n
\nSource : South China Morning Post
\nRead more…RIP high street retailers, faced by the relentless onslaught of mobile<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

I overheard a young Hongkonger say recently, \u201cI rarely buy anything at shops anymore. I...<\/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-60055","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-fCD","jetpack-related-posts":[{"id":103206,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-property-surveyors-just-about-survive-the-onslaught-of-automation-in-the-industry-but-for-how-long\/","url_meta":{"origin":60055,"position":0},"title":"Hong Kong\u2019s property surveyors just about survive the onslaught of automation in the industry … but for how long","date":"January 23, 2019","format":false,"excerpt":"\r Singapore-based asset management company PhilipCapital and Hong Kong-based surveyors CHFT Advisory and Appraisal have formed a joint venture to promote the use of automated property appraisals and make it convenient for banks to process mortgage applications, but it faces stiff resistance from surveyors who do not want to replace\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":169358,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/foreign-hong-kong-retailers-close-stores-in-mainland-china-amid-changing-dynamics\/","url_meta":{"origin":60055,"position":1},"title":"Foreign, Hong Kong retailers close stores in mainland China amid changing dynamics","date":"January 12, 2026","format":false,"excerpt":"\r Mainland China\u2019s retail and retail property sectors have suffered another blow amid a fresh wave of store closures by foreign and Hong Kong brands. \u201cThe series of closures come as a combined result of their outdated business models and profound changes in the macroeconomic environment,\u201d said Wang Tianshi, an\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":121906,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-steps-in-to-protect-buyers-of-grand-homm-flats-letting-customers-rip-up-contracts-with-refunds-and-interest\/","url_meta":{"origin":60055,"position":2},"title":"Hong Kong steps in to protect buyers of Grand Homm flats, letting customers rip up contracts with refunds and interest","date":"September 8, 2021","format":false,"excerpt":"\r Hong Kong\u2019s government said buyers of an unfinished residential complex in Ho Man Tin can terminate their contracts and be entitled to refunds with interest, as local authorities step in to prevent the city\u2019s first half-done project in decades from hurting consumers.Customers of the Grand Homm project are entitled\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":114049,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/can-coronavirus-outbreak-knock-hong-kong-retail-and-office-markets-the-worlds-priciest-off-the-perch\/","url_meta":{"origin":60055,"position":3},"title":"Can coronavirus outbreak knock Hong Kong retail and office markets, the world\u2019s priciest, off the perch?","date":"February 4, 2020","format":false,"excerpt":"\r Hong Kong\u2019s office and retail space rents, the world\u2019s priciest, have slipped under the weight of US-China trade war and anti-government protests for most of the past year. Can the fallout from a prolonged coronavirus outbreak knock them off the perch?The viral outbreak has taken its toll even before\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":12502,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/why-hong-kong-is-still-attractive-to-international-retailers\/","url_meta":{"origin":60055,"position":4},"title":"Why Hong Kong is still attractive to international retailers","date":"May 10, 2016","format":false,"excerpt":"\r Hong Kong is still an appealing destination for international retailers, especially mid-market brands which see the recent slowdown and rental decline as an opportunity to get a business presence in the city, according to property consultants.\r \r Source : South China Morning Post\r Read more...Why Hong Kong is still\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":43165,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/are-pop-up-stores-the-answer-for-hong-kongs-struggling-retailers\/","url_meta":{"origin":60055,"position":5},"title":"Are pop-up stores the answer for Hong Kong\u2019s struggling retailers?","date":"February 7, 2017","format":false,"excerpt":"\r A new rental strategy is taking root among Hong Kong\u2019s retailers, as they battle for survival in an industry squeezed by 17 consecutive months of shrinking volumes and retail rents that are among the highest in the world. PopUp Angels, a Singapore-based startup, connects retailers with landlords through short-term\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\/60055"}],"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=60055"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/60055\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=60055"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=60055"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=60055"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}