HKRMA Archives - Inside Retail Asia

Hong Kong retail at ‘life-or-death’ moment says HKRMA

Hong Kong’s retail industry is facing “a crucial, life-and-death moment of survival” according to the city’s main retail body the HKRMA.

One in four Hong Kong retail stores set to close this year

With sales decimated by the coronavirus crisis, and with little support coming from landlords, some 20,400 Hong Kong retail stores will close by year end, according to research from the HKRMA.

Stores close, jobs shed as Hong Kong retailers survive downturn

Thousands of stores will close and 5600 jobs will be lost as Hong Kong retailers try to recover from a “severe” sales decline brought on by social unrest and declining mainland visitor numbers.

‘Dozens’ of Hong Kong retailers may close as protests impact sales

“Dozens” of smaller Hong Kong retailers will be forced to close their doors as ongoing protests – now into their 15th week – impact trade.

Protests take their toll on Watsons stores

Sales by Watsons stores located in areas affected by ongoing street protests have fallen markedly in both June and July.

Rent, staff shortages the greatest issues facing Hong Kong retailers

High rents and a shortage of workers are the greatest issues facing Hong Kong retailers according to a new report from KPMG and the Hong Kong Retail Management Association (HKRMA)

Hong Kong protests may drive retail-sales slump, says HKRMA

The ongoing Hong Kong protests are eroding the sales of the territory’s retailers according to the HKRMA.

Hong Kong online shoppers moving to phones, tablets

Fewer than half of Hong Kong online shoppers are using home computers to transact. internet.

Google chief explains what’s holding back Hong Kong e-commerce

Mindset and talent are the two factors holding back the Hong Kong e-commerce sector, according to a senior Google executive.

Mixed success for retail industry scheme

Not all student-workers in the pilot earn-and-learn retail industry scheme in Hong Kong are still working in retail, the Legislative Council has been told.

HKRMA predicts gradual improvement in retail sales

HKRMA members are now more optimistic of Hong Kong retail sales growth than in recent months.

No consensus on early 2017 Hong Kong retail sales

Early consensus on the state of Hong Kong retail sales in the first two months of 2017 is – no consensus at all.