A boon in retail sales is creating mixed fortunes for Hong Kong department stores. In the first eight months of 2005, sales increased by 7.6 per cent in value over the same period last year. While some retailers are taking this upturn as an opportunity for expansion, others are finding themselves homeless as landlords take advantage of a healthier property market and turf out the behemoths in favour of smaller and more plentiful boutique stores. In August, Seibu was told it would have to vacate its 30,000 sq ft slot at Windsor House in Causeway Bay to make way for smaller retail outlets. Likewise, Mitsukoshi's lease has not been renewed for its Hennessy Centre store, landlord Hysan Development instead planning to overhaul the centre. Others, such as Lane Crawford, are taking the chance to upgrade existing outlets or expand. Its 50,000sq ft Pacific Place store is undergoing a $120 million refit, and is scheduled to open next month. This month, Lifestyle International Holdings said it planned to open a second Sogo department store in Tsim Sha Tsui, the $100 million outlet expecting to return a profit in its first year.