online shopping

Groupon sold its Hong Kong business while Alibaba expands

Retailers are accelerating their expansion in online shopping in Hong Kong. Online shopping in Hong Kong and has now become a vital part of local consumers online purchasing habits, at least one purchase online is made in the last three… Continue Reading →

E-shopping in HK is booming

Hong Kong’s high rental fuels online shopping boom. High rent is the major reason for businesses not to keep physical stores in Hong Kong. Therefore, local retail chains, like Belle International and Chow Tai Fok have been closing their outlets recent years, and online shops… Continue Reading →

New flagship shop: Watson’s confident in HK’s retails

Watson, over 200 shops in Hong Kong, opened a 3-story 8000 sq-ft flagship store in prime tourist spot on 11 August. In spite of sluggish HK retail market lately, CK Hutchison (0001.HK) seems it an opportunity to expand. A.S. Watson Group (Watson), CK Hutchison’s retail subsidiary, is optimistic to HK retail market… Continue Reading →

HK grocery chain revenue jumped 48% to HK$2.1b

759 STORE opened 57 more retail outlets in 12 months to 30 April 30, total of 249 shops in HK. CEC International Holdings (0759.HK) announced its results for the financial year ended 30 April 2015 on 3 July, it recorded annual… Continue Reading →

HK grocery chain will launch online shopping

759 STORE, over 247 shops in Hong Kong, announced debut of online shopping on 8 August. 759 STORE is an fast-expanding local retail chain which aims to provide more choice of necessities soured over the world, rather than Wellcome and PARKnSHOP, for HK locals. The… Continue Reading →

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