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53 comment(s). Last comment by Ricky Yeo 2018-10-16 20:08
Posted by qqq3 > 2018-10-16 15:41 | Report Abuse
parkson is still operating like a 1980s departmental store....agreed , sure die like Sears
Posted by Ricky Yeo > 2018-10-16 20:08 | Report Abuse
MY god, argument about value investing again. About to become the longest war in history
No result.
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The 'Fast Money' traders share the stocks they are thankful for this holiday season
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
joetay2
474 posts
Posted by joetay2 > 2018-10-16 13:17 | Report Abuse
the professional term will be anchor tenant for parkson instead of using the term big mall concept. big mall concept is used for mall owners and parkson is not a mall operator/owner.
my take is slightly different from u.
parkson is still operating like a 1980s departmental store, thats why it is unable to compete. so where/what is parkson's niche????
aeon is into mall management, giant focuses on being a hypermart grocer while isetan is reowned for its high quality merchandise and groceries.
Posted by Jonathan Keung > Oct 16, 2018 12:24 PM | Report Abuse
without prejudice - just my personal take. Padini and PRG in different fields. Padini more focus on fashion brand whereas PRG still working on big mall concepts.
Both are hit by rising rentals but Padini is home based unlike PRG on China. China rentals has spiral upwards hitting PRG bottom lines. easier to shut the smaller stores ( if they are not performing ) unlike having signing up big floor space at Malls