Hong Kong's high rents may put the brakes on ParknShop sale

08/15/2013 | Bloomberg

Hutchison Whampoa's plan to sell supermarket chain ParknShop may hit a snag because of the high and rising-higher retail rents in Hong Kong, home to about 270 of its 345 stores, industry experts say. Shop leases have doubled in the past four years, and the city's Causeway Bay area is now the priciest district in the world, according to Cushman & Wakefield.

View Full Article in:

Bloomberg

Published in Brief:

SmartBrief Job Listings for Retail

Job Title Company Location
Business Analyst - Business Process Improvement
Toys
Wayne, New Jersey
Public Relations Manager
Neiman Marcus
New York, New York
Merchandise Planner
Tractor Supply Company
Brentwood, Tennessee
Director of eCommerce
Golfsmith
Austin, Texas
store designer, Global Store Development - Fountain Valley, CA
Starbucks
Fountain Valley, California