Retail Industry Expansion

**chenchow** · #1 29-09-2007 **Retail Industry Expansion**

Within the last 10 days of September 2007, 3 mega shopping malls were being created, with Pavilion started the ball rolling on the 20th September, The Garden (at Mid Valley) continued it on 26th September and Sunway Pyramid 2 capped it on 29th September.

Within these 10 days, total retail space in Klang Valley has increased by 15%.

Can our market absorb this growth? Would this additional retail spaces cause a 15% increase in total retail expenditure, which would create significant ripple effect in the economy?

Or this opening would cause other smaller and older shopping mall to cut down on its operation or even suffer losses.

Can the industry sustain this growth? Would there be sufficient manpower to support this growth? Would the public be able to increase their total spendings on retail goods? How about the impact on entertainment industry, with more cinemas being opened.

How about our Food & Beverage industry? This opening would create a bunch of topics and issues for us to look into and see what the impact would bring for our community.

**Xon** · #2 13-10-2007

there will be 3 hypermall in kuching by next year.
hooray,after spm,go crazy....

there are pros and cons about retailing.

Pros:
>its not your business when the business fails
>no much worries

Cons:
>its not your business when the business is a success
>you ar take care of other's business
>earn less
>got boss

Xon lazy bunny Administrator Join Date: Mar 2007 Posts: 1,520	#2 13-10-2007 there will be 3 hypermall in kuching by next year. hooray,after spm,go crazy.... there are pros and cons about retailing. Pros: >its not your business when the business fails >no much worries Cons: >its not your business when the business is a success >you ar take care of other's business >earn less >got boss