South China Morning Post
AsiaPac · 1 hrs ago
✦ 75◉ Centre
Small grocers’ neighbourhood links can help them beat price war, experts say
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Accuracy 75/100
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◉ Centre ✓ Fair headline
Hong Kong's small grocery retailers face pressure from supermarket price wars, but economists suggest their local community ties and competition from online platforms may help them remain competitive.
Small grocers’ neighbourhood links can help them beat price war, experts say
Hong Kong’s smaller grocers are bracing for pressure amid a fresh wave of price cuts by supermarkets and big retail chains, but some economists say their “neighbourhood connection” could help them stay afloat.
A lawmaker also said it was unlikely the big local chains would monopolise the market citing strong competition from online shopping platforms.
The latest price war erupted ahead of Mother’s Day on Sunday, with CK Hutchison-backed ParknShop and Jardine Matheson’s Wellcome each offering 12.
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