BFM 89.9

HIGHLIGHTS 
Podcast  >  Morning Run  >  The Breakfast Grille  >  Bleak Future For Malls?

Bleak Future For Malls?

28-Nov-17 08:35

Bleak Future For Malls?

Since starting up shop over two decades ago, Golden Eagle Retail International Group's retail assets has expanded to 31 stores in China spanning across 19 cities today.

The business has certainly grown over time but in recent years, its earnings have been hit. Net profit halved to RMB400 million in FY2016 and it is much lower than the group's profits in 2012 of RMB1.2 billion.

Can mall earnings ever get ever go back to their heydays prior to the digital disruption?

Group’s founder and chairman of Roger Wang shares his views on this.

Having been in the retail mall industry for three decades, he also talks us through the evolution of global retail shopping from the 80s up to today.

In the midst of a tougher operating landscape, Roger shares insights about Golden Eagle's strategies go ride out the current turbulence faced by mall operators.

He also talks about what the group is doing to stay relevant in a fast changing environment.

A major global retail trend is the big shift to e-commerce. Is this current shopping trend shift cyclical or structural in nature? What will shopping be like 10 years from now?

Tune in to listen to Roger's take on this.

Presented by: Joyce Goh


This and more than 60,000 other podcasts in your hand. Download the all new BFM mobile app.

Categories: 

Tags:  ShoppingMallsRetail IndustryE-Commerce





Play / Pause

Listen now : Popcorn Culture: (REPEAT) A review of Squid Game S2 plus the big...

Today’s Shows



11:00 AM

A Bit of Culture

(REPEAT) Do you behave differently once you're in the airport? Kam, Dhanya and Julian talk about airport etiquette and how much they miss TV!; Kam Raslan | Dhanya Nair | Julian Yap

12:00 PM

I Love KL

(REPEAT) The story behind Popa Nota, multidisciplinary art and all things pop-art!; David Ho, Founder, Popa Nota

1:00 PM

Best of Enterprise

(REPEAT) Professor Bruno Verdini joins us as we explore practical frameworks and actionable strategies to overcome negotiation blind spots and the skills leaders should possess.; Professor Bruno Verdini, Executive Director of the MIT-Harvard Mexico Negotiation Programme, Massachusetts Institute of Technology

2:00 PM

Popcorn Culture

(REPEAT) A review of Squid Game S2 plus the big question - do you watch stuff because of hype?

3:00 PM

GGWP

(REPEAT) A December recap of latest news and new releases in the gaming world!; Jonathan Leo, Content Director, Kakuchopurei.com

4:00 PM

BFM Music

6:00 PM

The Pulse

(REPEAT) In today's episode of Pulse Picks, we play some personal picks released in 2024!