Report Published: "Grocery Retailers in Hong Kong, China"
Soft economic conditions in 2013 saw consumers being more cautious in their spending, increasingly demanding value-worthy products. Consumers were also more engaged in their work for fear of losing their jobs, which saw them facing more hectic lifestyles and seeking greater convenience, whether regarding meal solutions or shopping. Consequently, grocery retailers were engaging in more promotions and emphasising their prices as being the most competitive in 2013. Retailers also focused on...
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