Posted by joetay2 > 2018-10-16 13:17 | Report Abuse

the professional term will be anchor tenant for parkson instead of using the term big mall concept. big mall concept is used for mall owners and parkson is not a mall operator/owner.

my take is slightly different from u.

parkson is still operating like a 1980s departmental store, thats why it is unable to compete. so where/what is parkson's niche????

aeon is into mall management, giant focuses on being a hypermart grocer while isetan is reowned for its high quality merchandise and groceries.


Posted by Jonathan Keung > Oct 16, 2018 12:24 PM | Report Abuse

without prejudice - just my personal take. Padini and PRG in different fields. Padini more focus on fashion brand whereas PRG still working on big mall concepts.
Both are hit by rising rentals but Padini is home based unlike PRG on China. China rentals has spiral upwards hitting PRG bottom lines. easier to shut the smaller stores ( if they are not performing ) unlike having signing up big floor space at Malls

Posted by qqq3 > 2018-10-16 15:41 | Report Abuse

parkson is still operating like a 1980s departmental store....agreed , sure die like Sears

Posted by Ricky Yeo > 2018-10-16 20:08 | Report Abuse

MY god, argument about value investing again. About to become the longest war in history