Health product chain to shut all 19 Hong Kong outlets while popcorn firm to close
CR Care closing stores due to ‘external uncertainties and various operational challenges’; Garrett Popcorn Shops to end 13-year run
A health product chain under the state-owned China Resources Group revealed on Tuesday that it would close all 19 of its Hong Kong branches due to “external uncertainties and various operational challenges”, hours before a popcorn business said it would shut this month.
CR Care said on social media it would shut its stores early next month, urging customers to redeem products or vouchers with reward points before that day.
Meanwhile, Garrett Popcorn Shops, which opened its first outlet 13 years ago, announced in the evening that it would be closing this month.
CR Care said: “Due to the impacts of uncertain external factors and various operational challenges, after prudent consideration, CR Care has decided to close all Hong Kong branches on November 8 this year.”
The company also said it would stop accepting new reward scheme members or give out points from Tuesday.
Lawmaker Simon Lee Hoey, who is also China Resources Group’s chief strategy officer for the Greater Bay Area, said the closure was a difficult decision, but stressed that the company was not disregarding the local retail market.
