Sandwich chain Eggslut’s Hong Kong affair ends amid retail upheaval

Quick Summary:

US sandwich chain joins a list of brands finding the city’s retail environment challenging amid a shift in spending patterns.

Residents increasingly spend their money beyond the city’s borders – either in mainland China or overseas – while mainland Chinese tourists, the lifeblood of the retail industry, shell out less.

The Los Angeles-headquartered chain said late on Tuesday that it would regroup and return “when the right moment comes”.

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Article Details

Author / Journalist: Cheryl Arcibal

Category: Business

Markets: Hong KongChina

Topics: Chain Restaurant Hong Kong’s Brands City’s Kong 2023 Shopping Retail Queues

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-05 @ 15:01:04 (5 hours ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 269 words

Reading Time: 2 minutes read

Sentences: 6 lines

Sentence Length: 45 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 25905385

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Official Website: scmp.com

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