superchan7 said:Are they selling at western price levels or something? Besides the Grand Gateway mall, the others look empty.
superchan7 said:Hmm...where's the money being made then? =(
No (some of them).Saigonese said:Didn't these guys do proper market analysis before embarking on such projects?
First: Yes, many malls. Second: Shanghai also has many not so wealthy people, those who can not afford to buy original Gucci, Lagerfeld or Cartier at Plaza 66, at prices where one coat easily exceeds the yearly income. The international malls are simply too expensive for the average Shanghaiese.Handsome said:还有很多mall啊，人气很旺的
lester said:most shopping malls in Huaihai Rd., Xujiahui & Nanjing Rd. are so damn crowded
especially for Parkson & Pacific
Sorry, but Grand Gateway is in Xujiahui, not Pudong...TheBigKahuna said:...The problem with the Grand Gateway was location as not many locals live in Pudong...
Second that... (see far above)Handsome said:I think the price of Grand gateway is OK,but the Palza 66 is expensive
raymond_tung88 said:Shopping malls are a kind of indoor centre with many different stores. They can have department stores, but they also MUST have smaller stores and shops. They also can have restaurants, office buildings, etc.
A department stores is just ONE store such as Parksons, Wal Mart, Mitsukoshi, etc.
raymond_tung88 said:What's the Taipingyang department store? Never heard of it before. Is it Chinese? Does anybody have pictures?