The demonstrations in Hong Kong have been in operation for more than four months
Many statistics show that the retail industry is the first to be hit. In order to find more stories, the streets are often in the vicinity of Mong Kok, Tsim Sha Tsui and Causeway Bay. I also misunderstood the “out of the box" tenants of the shopping malls to request a reduction in rents, as well as the chain of drugstores in the past where the chain of drugstores posted a “lease expired" story.
At the end of August, I was working with another colleague. I was in charge of Tsim Sha Tsui. She was responsible for the operation of Wan Chai and Causeway Bay. I found that the tenants of Laforet, a shopping arcade in Causeway Bay, posted a large-sized newspaper asking for a reduction in rent. Lee Mall has reduced rents, but the East Point Laforet has no sound. When I followed up, I chatted with several “influx" shopkeepers about the recent situation in Causeway Bay. They said that they opened shop here. Apart from the pharmacy downstairs, even the clothing store business mainly comes from tourists, but now it is hard to find a single one. After talking to me for more than an hour, it has no effect on the business. They understand that the situation is not solved in a moment, but they can’t afford to pay rent. In the end, they can only quit, but fortunately the owners are willing to reduce rents in October and November, allowing tenants to breathe a sigh of relief.
As for the drug store, Zhuo Yue, the price cut is not new, but it is really amazing to complete the whole line in Wangan District
In fact, it will only happen to Zhuo Yue in Causeway Bay. The incident is intended to be “incoming goods" after the work in the vicinity. But the first Zhuo Yue is out of stock, so I went to another room and was out of stock. Interestingly, two rooms. Shops are affixed with the words “expiration of lease" and “one without staying". In fact, I was only holding the mentality of buying hair care products and then going to the third and fourth stores. When I saw the same words, I couldn’t help but ask the clerk: “When will the replenishment take place? Will it take a few days to get stuck?"
Closing the store will emerge
After returning to the company to share this discovery with the boss, it is not uncommon for the tactics of “dressing up" to clear the goods. It is decided to go to Mong Kok and Tsim Sha Tsui to see if other stores will post the same words. In two separate days, I went to Mong Kok and Tsim Sha Tsui for a total of 14 outlets. As a “road idiot", the wrong way was only a trivial matter. The most sad thing was that from the street to the end of the street, I found out that there was another Bonjour. On the street. Although Bonjour did not respond to the large-scale closing of the store, it was mentioned in the news that the Tsim Sha Tsui branch was about to be filled. It was originally scheduled to be deposited on October 10, but the new tenant abandoned the lease and the owner reduced the rent by half to “retain" Bonjour. Other branches are unknown.
Many people say that Hong Kong does not need a street shop, pharmacy and drug store. It seems that many retail stocks have issued profit warnings in recent days. It is expected that the performance in the first half of September will be retrogressive, and it may even be red. Can’t help but ask what methods are available to improve performance in the future? I have asked a lot of retail and restaurant owners about this issue. They can’t answer the question. I would like to mention that I hope that the owners will drastically reduce rents, otherwise they will need to shrink and even close the store. Today’s generations of consumption are also divided into “yellow blue", I believe that the distribution of street shops may change after this battle.