Report: Hong Kong boasts the world's priciest retail rents

05/13/2013 | Reuters

Retailers pay almost 50% more for Hong Kong's prime retail spots than their counterparts on New York's Fifth Avenue and four times as much as merchants in top retail districts in London and Paris, according to CBRE Group. Average annual retail rents in Hong Kong's top shopping areas are about $4,328 per square foot, while retailers in the second-priciest market, New York City, paid an average of $2,970 per square foot.

View Full Article in:

Reuters

Published in Brief:

SmartBrief Job Listings for Retail

Job Title Company Location
DMM
Bed Bath & Beyond Inc
Union, New Jersey
Financial Reporting Manager
Neiman Marcus
Irving, Texas
Merchandise Coordinator
Neiman Marcus
Irving, Texas
Compensation Manager Sam's Club
Walmart
Bentonville, Arkansas
Associate Manager - Inventory Strategy
ANN INC.
New York, New York