TOPIC
 / company

ParknShop

In 2023, the geographical segment of AS Watson that includes ParknShop saw revenue plummet 15 per cent. Photo: K. Y. Cheng

ParknShop imports mainland goods as Hongkongers hunt for bargains in Shenzhen

The supermarket chain is importing more products from mainland China in a bid to lure Hongkongers who have taken to travelling to Shenzhen and other mainland cities where they can shop and dine for cheaper, says chairman of CK Hutchison.

  • The supermarket chain is trying ‘to save Hong Kong people the trouble of travelling long distances,’ says CK Hutchison chair
  • Some 200,000 Hongkongers cross the northwest border on shopping expeditions every weekend, according to an estimate by the city’s chief executive

videocam
9

The last straw: will online shopping loophole hinder Hong Kong plastic ban?

12

Explainer | Is Hong Kong ready for ban on throwaway plastics starting next month?

Mouthing Off | Are self-checkouts good or bad? Why we shouldn’t say goodbye to cashiers

Self-checkouts and self-ordering machines are everywhere in Hong Kong nowadays but come with their problems – and many people still prefer interaction with real human cashiers.

5
A shopper buys goods at a self-checkout machine at the Taste supermarket in Amoy Plaza, Kowloon Bay, Hong Kong. Self-checkouts and self-ordering have become commonplace in the city, but can create problems. Photo: Roy Issa

Hongkongers to pay HK$1 for each plastic bag at supermarkets from next week

Residents will be charged at checkout if they want plastic bag for chilled or frozen items, but will not need to pay for one used for takeaway food or loose fresh goods.

6

Mouthing Off | Buying ‘ethnic’ food in Hong Kong: I don’t mind where but I need convenience

Supermarkets’ ethnic food sections are considered racist by some, but they make it easy to put together a meal from another culture with authentic ingredients.

5
Advertisement
Advertisement

‘Too cheap and too convenient’: Hong Kong’s plastic pollution battle

Is Hong Kong doing enough to reduce the amount of plastic waste that washes into the ocean? Some small steps have been taken, but single-use plastics are still widely employed and used excessively.

6
June Wong So-kwan picks up plastic waste on Hong Kong’s beaches, but is the city doing enough to reduce the amount of plastic that washes into the ocean? Photo: Jonathan Wong

Li Ka-shing’s flagships post better-than-expected results amid recovery

The two sets of financial results by one of Hong Kong’s bellwether conglomerates underscore how two successive quarters of economic growth is slowly trickling into corporate earnings, as the city continues to grapple with a recession and record high unemployment wrought by the coronavirus pandemic.

Mouthing Off | Ready for your HK$5,000 consumption voucher? So are KFC and Wellcome

‘Spending together, boosting the economy’ is the ethos behind the government’s consumption voucher scheme, but will it be the likes of McDonald’s and ParknShop supermarkets that really benefit?

Deliveroo expands Hong Kong grocery delivery business, partners with ParknShop

Food delivery app targets slice of fast-growing market by linking up with 50 store locations across the city, and customers living within 1.2km of shop can expect items in 30 minutes.

videocam
Deliveroo has partnered with supermarket chain ParknShop. Photo: K.Y. Cheng

Rising supermarket prices squeeze Hongkongers during Covid-19 crisis

About two-thirds of surveyed products subject to price rises greater than inflation. Consumer Council urges supermarkets to ‘shoulder more social responsibility’.

videocam
11
A Consumer Council study reveals shoppers are having to pay significantly more for some supermarket products since the start of the Covid-19 crisis. Photo: May Tse

Editorial | Officials to blame for supermarket cash-in

After putting taxpayers’ money into the pockets of wealthy retail chains, the Hong Kong government now wants some of that windfall shared with the public, which is easier said than done.

Mouthing Off | Hong Kong supermarkets should repay shoppers for public subsidies

The Hong Kong government gave Covid-19 subsidies to supermarkets, despite business apparently booming. Shoppers won’t benefit from the handouts, but here are six ways the chains could start serving the public better.

Letters | Why Wellcome and ParknShop don’t need Covid-19 subsidies

Customers queue to buy supplies of toilet paper in Hong Kong on February 14, as mainland Chinese reports of surging Covid-19 cases left supermarket shelves emptied in the city. Photo: AP

AS Watson accelerates launch of Watsons GO touchless payments system

AS Watson Group, the world’s largest health and beauty retailer, said the coronavirus pandemic had accelerated the launch of its touchless payments system, even as it dented the Hong Kong company’s plans of opening new stores globally.

videocam
AS Watson operates more than 7,800 Watsons stores across Asia and Europe. Photo: SCMP Photos

Hong Kong shops step up measures to prevent panic buying amid virus third wave

Wellcome and ParknShop say a temporary restriction will be imposed on the sale of essential items such as rice, toilet paper.

As lockdowns end, firms seek safe ‘face-to-face interaction’ in offices

The coronavirus pandemic is forcing companies to re-evaluate safety in the workplace, as a new normal emerges with the end of lockdowns and work-from-home arrangements.

videocam
Advertisement
Advertisement

Letters | Supermarkets in Hong Kong still failing to go plastic-free

A report by Greenpeace East Asia reveals that neither of Hong Kong’s two supermarket giants has made holistic plastic-free plans. As market leaders, the companies should meet corporate responsibilities and do away with unnecessary plastic packaging.

videocam
Vegetables individually wrapped in plastic at a supermarket in Hong Kong. Photo: SCMP

Mouthing Off | Food le Parc? You’re not fooling us, ParknShop

Supermarket chain ParknShop may dominate the Hong Kong market with Wellcome, but disguising its brand under multiple identities will not fool Hong Kong’s shrewd shoppers, argues Andrew Sun.

Tai Po McDonald’s runs out of food as Hong Kong protests hit hard

Tai Po residents stuck as protesters block major roads near Chinese University, leaving town in state of semi-isolation and fast-food chain low on signature items.

Greenpeace survey finds inconsistency in plastic use by supermarkets

Month-long survey conducted by Greenpeace finds Hong Kong’s supermarkets are inconsistent in use of plastic wrap for produce across stores.

videocam
The survey Greenpeace ran in April this year revealed 70 per cent Hong Kong consumers preferred shopping in plastic-free supermarkets. Photo: Tory Ho

Viral video of maggot-infested cherries raises concern, hits sales

Imports from US drop 26 per cent in May 2019 year on year and from Turkey tumble 70 per cent.

Screen capture of a video uploaded to social media of maggots found inside cherries. Photo: Facebook/Rabbinat Le

Tencent teams up with Li Ka-shing’s ParknShop in offline retail shake-up

videocam

Landlord sues ParknShop over rubbish at Sai Kung outlet

Supermarket giant ParknShop is being sued by the landlord of one of its stores in Sai Kung for allowing rubbish and shopping carts to clutter a shopping centre.

Grocery giants ParknShop, Wellcome accused of pressuring suppliers

Supermarket giants ParknShop and Wellcome are keeping prices artificially high by pressuring suppliers not to sell to rivals who undercut them, the Consumer Council says.

Supermarket giants ParknShop and Wellcome are keeping prices artificially high by pressuring suppliers not to sell to rivals who undercut them, the Consumer Council says.

Cheung Kong and Hutchison will never leave Hong Kong. But their scale is another matter, says Li Ka-shing

'I have done business internationally for more than 30 years. It is the first time I’ve heard comments about "pulling out assets" from Hong Kong', said Li Ka-shing. Photo: Reuters

A.S. Watson sale tipped to hit price snag again

Li Ka-shing's determination to cash out of the AS Watson retail businesses after his recent setback in offloading his ParknShop supermarket assets is likely to meet the same problem: buyer resistance on price.

ParknShop solo sale scrapped

Companies controlled by Asia's richest man, Hong Kong tycoon Li Ka-shing, said yesterday that they were selling a Shanghai property venture for HK$9 billion but that the ParknShop supermarket chain was no longer up for individual sale, prompting fresh speculation about investment flight from the Hong Kong and mainland markets.

Advertisement
Advertisement
Help preserve 120 years of quality journalism.
SUPPORT NOW
ParknShop
ParknShop is a supermarket chain that is part of Hutchison Whampoa, which is controlled by the Cheung Kong Group, and headed by Li Ka-shing, Asia’s wealthiest man, who has been nicknamed “Superman” because of his investment prowess. Its operations include ports, with property and hotels, retailing telecommunications (Hutchison Telecommunications International) and infrastructure (Cheung Kong Infrastructure).
Industry
Retailing
Website
parknshop.com
Headquarters address
22/F, Watson House, 1-5 Patterson Street, Causeway Bay, Hong Kong
Year founded
1973
last updated:
30 September, 2024
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement