{"id":67562,"date":"2017-09-27T11:00:19","date_gmt":"2017-09-27T04:00:19","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/small-retailers-in-hong-kong-being-hit-hardest-as-e-commerce-gathers-pace\/"},"modified":"2017-09-27T12:03:59","modified_gmt":"2017-09-27T05:03:59","slug":"small-retailers-in-hong-kong-being-hit-hardest-as-e-commerce-gathers-pace","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/small-retailers-in-hong-kong-being-hit-hardest-as-e-commerce-gathers-pace\/","title":{"rendered":"Small retailers in Hong Kong being hit hardest as e-commerce gathers pace"},"content":{"rendered":"<p>&#013;<br \/>\nE-commerce is developing rapidly in Hong Kong as more retailers set up their online presence and shoppers change their consumption patterns and lifestyles \u2013 a trend that is likely to reshape the general retail sector.<br \/>\nRetailers and landlords have to be prepared for some challenging times ahead.<br \/>\nMajor retail chains such as large supermarket chains and furniture distributors, even select luxury brands, have further strengthened their online shopping services, with offers of discounts and&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"http:\/\/www.scmp.com\/property\/hong-kong-china\/article\/2112900\/small-retailers-hong-kong-being-hit-hardest-e-commerce\" target=\"_blank\">Small retailers in Hong Kong being hit hardest as e-commerce gathers pace<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; E-commerce is developing rapidly in Hong Kong as more retailers set up their online presence&#46;&#46;&#46;<\/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-67562","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-hzI","jetpack-related-posts":[{"id":113118,"url":"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\/","url_meta":{"origin":67562,"position":0},"title":"Hong Kong protests create space for new businesses to expand, as traditional retailers, restaurants retreat after seven months of falling sales","date":"December 17, 2019","format":false,"excerpt":"\r New 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,\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"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":67562,"position":1},"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 &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":102182,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-landlords-ponder-how-to-fill-large-retail-spaces-as-consumer-slowdown-gathers-pace\/","url_meta":{"origin":67562,"position":2},"title":"Hong Kong landlords ponder how to fill large retail spaces as consumer slowdown gathers pace","date":"December 12, 2018","format":false,"excerpt":"\r Hong Kong landlords are likely to struggle to find suitable tenants that could fill the three large retail locations currently occupied by troubled music retailer HMV \u2013 with floor space as big as 40,000 square feet \u2013 in the city\u2019s most prime locations. The future of the HMV shops\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":145431,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mainland-retailers-struggle-to-survive-hong-kongs-sky-high-rents-fierce-competition\/","url_meta":{"origin":67562,"position":3},"title":"Mainland retailers struggle to survive Hong Kong\u2019s sky-high rents, fierce competition","date":"June 24, 2024","format":false,"excerpt":"\r A tide of mainland Chinese retail brands expanding in Hong Kong appears to have ebbed, with several food and beverage chains ending their tenancies as their businesses come under pressure\r \r Source : South China Morning Post\r Read more...Mainland retailers struggle to survive Hong Kong\u2019s sky-high rents, fierce competition","rel":"","context":"In &quot;Property News&quot;","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":67562,"position":4},"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 &quot;Property News&quot;","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":67562,"position":5},"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 &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/67562"}],"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=67562"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/67562\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=67562"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=67562"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=67562"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}