Published: 5:03pm, 9 Oct 2024Updated: 7:09pm, 9 Oct 2024
A number of well-known chains have announced permanent closures or have pulled out from Hong Kong’s market as the retail and dining sectors continue to struggle in the aftermath of the Covid-19 pandemic.
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The closures highlight the challenges faced by the city’s businesses amid economic pressures and changing consumer patterns, including Hongkongers’ growing preference for spending in neighbouring mainland Chinese cities.
The Post lists some of the chains that have vanished from Hong Kong’s streets in recent years.
CR Care
A health product chain under the state-owned China Resources Group, CR Care announced on Tuesday it would shut down all of its 19 Hong Kong branches next month due to “external uncertainties and various operational challenges”.
A union said 50 to 60 workers would be affected.
Garrett Popcorn Shops
Hailing from Chicago and known for its gourmet popcorn, Garrett Popcorn Shops also said on Tuesday it would close all of its branches in Hong Kong after 13 years in the city.
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