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  • April 18, 2014
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  1. News - Hong Kong - FOOD

    More live-chicken retailers join boycott over prices

    Posted Apr 14th 2014, 06:21am by LO WEI

    ... Lo Wei wei.lo@scmp.com Vendors protest against costs after bird-flu scare; chickens and sympathy in short supply More live-chicken retailers join boycott over prices About half of Hong Kong's estimated 130 chicken retailers will be closed for business this week in protest at soaring wholesale prices, while traders have warned of a further drop in supply expected in coming weeks ...

  2. Tiny match-box shops pack a world-class rental punch

    Posted Sep 16th 2009, 12:00am by Sandy Li

    ... most expensive retail location after New York. Average rents in New York worked out at the equivalent of HK$1,170 per square foot per month. By comparison, retail rents charged in Hong Kong was HK$634 per square foot a month, and the top rent was HK$1,800 per square foot per month. Helen Mak Hoi-lun, the senior manager of retail services group at Colliers, said rental charge was based ...

  3. Retail rents poised for rebound

    Posted Jan 10th 2007, 12:00am by Yvonne Liu

    ... said retail sales entered a consolidation phase last year, pushing shop rents down 3 per cent over the year. However, Simon Lo, a director of research and consultancy, said strong local ... and rising stock prices will see the retail sector perform highly favourably this year.' Jeannette Chan, a regional director of retail department at Jones Lang LaSalle, said retail rents ...

  4. Hysan soars on retail rent

    Posted Mar 09th 2012, 12:00am

    ... this year. More than 90 per cent of the retail space has been leased so far. Chief financial officer Roger Hao said the rent of the shopping mall at Hysan Place would remain at more than HK$150 per ... Yvonne Liu yvonne.liu@scmp.com Strong growth in retail rental income helped Hysan Development's core earnings jump 14.1 per cent to HK$1.31 billion in 2011. The largest landlord ...

  5. Business - Economy - INDUSTRY OUTLOOK

    Headwinds, high rent and new ground

    Posted Dec 31st 2012, 12:00am by Denise Tsang

    ... Denise Tsang, Charlotte So, Celine Sun and Sophie Yu In the first of a two-part series, the Post examines how the aviation, retail and telecoms sectors fared in 2012 and what fortune awaits them in 2013 Headwinds, high rent and new ground Aviation Soaring fuel prices and sluggish demand in the United States and the euro zone sapped the performance of global airlines in 2012, ...

  6. Retailers refuse to pay as rents skyrocket up to 60pc

    Posted Feb 19th 2005, 12:00am by Sandy Li

    ... Sandy Li They complain aggressive increases by landlords are threatening their business Retailers are feeling the squeeze from rent rises of up to 60 per cent over the past year- and have vowed not to pay. Landlords' aggressive rent increases have outpaced the consumer rebound, retailers complain, and are threatening their bottom lines. They say they will not renew ...

  7. Business - Companies

    Hongkong Land sees profit rise by 20pc

    Posted Mar 07th 2014, 01:12am by Yvonne Liu

    ... had been in a down cycle over the past two years, but a lack of new supply in Central amid a recent improvement in demand pointed to a recovery in rents this year. In the retail market, strong demand for space saw Hongkong Land's average retail rent surge 18 per cent to HK$201 per square foot last year. The company's operating profit from residential property development ...

  8. News - Hong Kong - FOOD

    Live chicken may be off the menu as retailers plan boycott over price rises

    Posted Apr 11th 2014, 04:40am by LO WEI, Emily Tsang

    ... Lo Wei and Emily Tsang Live-chicken retailers plan boycott as prices soar Fresh chicken could be off the menu for the second time this year from Monday as a poultry traders' association urges retailers to suspend sales in protest at soaring wholesale prices. At least 10 of the city's 130 live-chicken retailers have so far agreed to join the boycott, while owners ...

  9. Foreign retailers buying, not renting

    Posted Oct 27th 2011, 12:00am

    ... Peggy Sito peggy.sito@scmp.com Stiff competition for prime locations and soaring rents mean big foreign retailers are shifting from leasing to buying land to develop their stores ... 'big box' refers to physically large retail outlets that are often part of a chain. Nip said big-box retailers faced great pressure to pay sharply higher rents when their leases- which ...

  10. Business - Companies

    Fast Retailing cuts profit forecast on higher costs, waning Japan demand

    Posted Apr 11th 2014, 12:59am by BLOOM

    ... Bloomberg in Tokyo Japan's Fast sees profits hurt by waning demand Fast Retailing, Asia's biggest clothing retailer, has cut its forecast for annual profit as costs rise ... that he had yet to see an effect on sales from the tax increase. Net income dropped 15 per cent to 23 billion yen in the second quarter to the end of February, according to Fast Retailing ...




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