Linstow Baltic’s Post

3 Reasons Why Travelers Should Come to the Kagurazaka Shopping District The Kagurazaka shopping district offers not only a unique shopping experience but also opportunities for meaningful interactions with locals. Japanese shopping streets, known as "Shotengai," are attractive spaces that offer foreign tourists not just shopping experiences but also opportunities for communication with locals. These shopping streets are lined with small, family-owned shops that have been passed down through generations, offering a wide range of products, including fresh produce, tea, sweets, modern fashion, and unique souvenirs that can be enjoyed by people of all ages. For foreign tourists, these shopping streets provide a glimpse into the daily lives of local residents and an opportunity to experience the warmth and hospitality of the local community. Japanese shopping streets are a collection of "specialty stores," unlike large supermarkets that tend to be uniform and impersonal. Each Shotengai reflects the local character and the individuality of each shop owner. The small size of these shops fosters interaction and conversation with shop owners and staff, making visits a special experience for tourists. Particularly for foreign travelers who value communication with local residents, these shopping streets are ideal destinations. However, many shopping streets are declining due to aging populations and suburbanization brought about by motorization. According to the "Survey Report on the Actual Conditions of Shopping Streets" by the Small and Medium Enterprise Agency (March 2016), many shopping streets face these challenges. Despite this, Kagurazaka, which was the first place in Japan to introduce a pedestrian paradise, still offers an environment conducive to shopping while walking and remains vibrant every day. Check out my blog post https://wix.to/RaRp01w #newblogpost #experiencejapan #japaneseculturalexperience #kagurazaka #kagurazakatokyo #kagurazakagourmet #traditionalexperience #geishajapan #ukiyoe #zenmeditation #travelrental #samue #kumihimo #iaido #samuraisword #dyeingworkshop #izakayatokyo #ninjakotan #kigumi #soseki #natsumesoseki

There Shopping Malls and then there are Shopping Malls. And let's be honest here this Shopping Mall in Bangkok is by no means an exception. When you look at the fresh food selection that is not prepackaged you know it's free from large corporation processing and it's not been pumped with all kinds to extend it's shelf life. A controversial thing to say but the more our foods have been treated there has been a corresponding rise in auto deficiencies. Something we all need to take a stance against for the sakes of our children and grandchildren. #painpointcoach #thailandexperience #guidedtours https://lnkd.in/eqMUiC64

There was an era when Jalan Tuanku Abdul Rahman was a popular shopping hub with popular stores like Mun Loong and Kishu located there. Nearby, Chow Kit was a vibrant market filled with activities . Pertama and Campbell Complex had its heydays as popular shopping complexes. This narrative was before the civil riot of 1969. Post riot, the dynamic and demographic changed. Couple with the opening of mega malls of Sungei Wang Plaza and The Mall, the last nail was driven into the coffin. The shifting dynamic and demographic couldn’t support these two complexes, including the cinema. I once had my Chinese New Year trousers made in Campbell yearly without fail, like most teenagers did. Subsequently, this market moved to Sungei Wang Plaza and surrounding Bukit Bintang ; the epitome of fashion, hairstyling and all kinds of everything. The rest is history. Today, Pertama and Campbell is no longer what it used to be. In fact, they are shark reminder of the reality of mall industry. If you don’t moved with time, adapt shiftly to changing dynamic and demographic, you’ll be left behind.

With Bangkok’s newest landmark, One Bangkok, touted "the heart of Bangkok", opened at the end of October, along last year’s launch of Emsphere and the iconic IconSiam, these malls are drawing massive crowds of both local and international visitors. 𝗦𝗼 𝘄𝗵𝗮𝘁 𝗺𝗮𝗸𝗲𝘀 𝗧𝗵𝗮𝗶 𝘀𝗵𝗼𝗽𝗽𝗶𝗻𝗴 𝗺𝗮𝗹𝗹𝘀 𝘀𝗼 𝗲𝘅𝗰𝗲𝗽𝘁𝗶𝗼𝗻𝗮𝗹 𝗮𝗻𝗱 𝗺𝗮𝗴𝗻𝗲𝘁𝗶𝗰? 𝗧𝗼𝗻𝘀 𝗼𝗳 𝗶𝘁 𝗵𝗮𝘀 𝗴𝗼𝘁 𝘁𝗼 𝗱𝗼 𝘄𝗶𝘁𝗵 𝘁𝗵𝗲 𝗹𝗼𝗰𝗮𝗹 𝗧𝗵𝗮𝗶 𝗰𝘂𝗹𝘁𝘂𝗿𝗮𝗹 𝗻𝘂𝗮𝗻𝗰𝗲𝘀.Thailand is a country where social connection and shared experiences are highly valued. They have a deep appreciation for art, music, and cultural performances - part of everyday life. These cultural values shape how Thais experience public spaces, including shopping malls. So, 𝗵𝗼𝘄 𝗱𝗼 𝘁𝗵𝗲𝘀𝗲 𝗻𝘂𝗮𝗻𝗰𝗲𝘀 𝗶𝗻𝗳𝗹𝘂𝗲𝗻𝗰𝗲 𝗺𝗮𝗹𝗹 𝗱𝗲𝘀𝗶𝗴𝗻?Thai shopping malls are crafted as 𝗱𝘆𝗻𝗮𝗺𝗶𝗰 𝘀𝗼𝗰𝗶𝗮𝗹 𝗵𝘂𝗯𝘀, not just retail centres. With socialising being a core part of Thai culture, they create spaces that encourage connection and gathering, with IconSiam’s terraces overlooking the Chao Phraya River invite groups to enjoy scenic views. 𝗧𝗵𝗲 𝗳𝗼𝗰𝘂𝘀 𝗶𝘀𝗻’𝘁 𝗼𝗻 𝗺𝗮𝘅𝗶𝗺𝗶𝘀𝗶𝗻𝗴 𝗿𝗲𝘁𝗮𝗶𝗹 𝘀𝗽𝗮𝗰𝗲 𝗯𝘂𝘁 𝗼𝗻 𝗰𝗿𝗲𝗮𝘁𝗶𝗻𝗴 𝗮𝗻 𝗲𝗻𝘃𝗶𝗿𝗼𝗻𝗺𝗲𝗻𝘁 𝘄𝗵𝗲𝗿𝗲 𝗽𝗲𝗼𝗽𝗹𝗲 𝗳𝗲𝗲𝗹 𝗮 𝘀𝗲𝗻𝘀𝗲 𝗼𝗳 𝗯𝗲𝗹𝗼𝗻𝗴𝗶𝗻𝗴. The integration of 𝗰𝗿𝗲𝗮𝘁𝗶𝘃𝗶𝘁𝘆, 𝗮𝗿𝘁 𝗮𝗻𝗱 𝗰𝘂𝗹𝘁𝘂𝗿𝗮𝗹 𝗲𝘅𝗽𝗿𝗲𝘀𝘀𝗶𝗼𝗻 further enhances this experience, by hosting traditional dance performances and rotating art exhibits that weaves cultural pride, regularly stages live concerts and art showcases, transforming shopping trips into culturally enriching outings. A blend local and global elements - IconSiam’s indoor floating market pays homage to Thailand’s trading history, offering authentic street food alongside high-end international brands, appealing to both locals and international visitors as the experience feel immersive and connected. 𝗪𝗵𝗮𝘁 𝗰𝗮𝗻 𝘄𝗲 𝗹𝗲𝗮𝗿𝗻 𝗳𝗿𝗼𝗺 𝗧𝗵𝗮𝗶𝗹𝗮𝗻𝗱’𝘀 𝗮𝗽𝗽𝗿𝗼𝗮𝗰𝗵 𝘁𝗼 𝗖𝗫 𝗳𝗼𝗿 𝗴𝗹𝗼𝗯𝗮𝗹 𝗺𝗮𝗿𝗸𝗲𝘁𝘀? • 𝗗𝗲𝘀𝗶𝗴𝗻 𝗳𝗼𝗿 𝗖𝗼𝗻𝗻𝗲𝗰𝘁𝗶𝗼𝗻: Facilitating social interactions through spacious common areas and engaging community events. • 𝗖𝘂𝗹𝘁𝘂𝗿𝗮𝗹 𝗜𝗻𝘁𝗲𝗴𝗿𝗮𝘁𝗶𝗼𝗻: Infusing local culture—through art, performances, or cuisine—creates an authentic atmosphere that resonates deeply with visitors. • 𝗠𝘂𝗹𝘁𝗶-𝗣𝘂𝗿𝗽𝗼𝘀𝗲 𝗦𝗽𝗮𝗰𝗲𝘀: Meeting diverse needs from entertainment to cultural appreciation. Consider how your brand can add layers to make the experience richer than just a transaction. By 𝘂𝗻𝗱𝗲𝗿𝘀𝘁𝗮𝗻𝗱𝗶𝗻𝗴 𝗹𝗼𝗰𝗮𝗹 𝗰𝘂𝗹𝘁𝘂𝗿𝗲 𝗮𝗻𝗱 𝗽𝗿𝗶𝗼𝗿𝗶𝘁𝗶𝘀𝗶𝗻𝗴 𝗺𝗲𝗮𝗻𝗶𝗻𝗴𝗳𝘂𝗹 𝗶𝗻𝘁𝗲𝗿𝗮𝗰𝘁𝗶𝗼𝗻𝘀, brands everywhere can create spaces that leave lasting impressions. What do you think? Can these Thai CX strategies be adopted elsewhere, or are they unique to Thailand’s cultural landscape? Let’s discuss! #CustomerExperience #CX #ASparkforThought

Shopping malls in Malaysia are much more than just places to shop! From being vibrant cultural hubs to community gathering spots, they shape our daily lives in so many ways. Want to know how they impact Malaysian lifestyle? Check out this article to discover the Top 8 Roles of shopping malls across Malaysia! 💬👇 https://lnkd.in/gm7juBbX #shoppingmall #retailmalaysia #propertymalaysia

UŠĆE Shopping Center, Belgrade’s iconic retail destination, is undergoing a remarkable transformation to redefine the shopping experience. With a renewed focus on fashion, dining, and leisure, UŠĆE is setting new benchmarks in the retail industry. In an exclusive interview for ACROSS Magazine, our Jovan Ćirić, Retail Leasing Director, shares insights into the redevelopment strategy, highlighting expanded outdoor seating areas, innovative store concepts, and new tenants that will elevate UŠĆE as a lifestyle destination. Read the full article to discover how UŠĆE is shaping the future of retail in the region at link: https://lnkd.in/dWjDr_Jf

🌟 Hainan has emerged as a top domestic luxury shopping destination in China. In April 2023, its duty-free sales soared by 203% from 2019, fueled by increased allowances and favorable policies. 🏝️ The island’s duty-free retail space is set to double over the next four years, with major investments from international brands expanding its luxury offerings. 💰 Shoppers enjoy significant savings of 15% to 35% compared to other regions, making Hainan an appealing choice for both domestic and international buyers. 🛍️ Hainan’s duty-free zones offer a wide variety of luxury products, from fashion and technology to beauty items, with major retail centers like Sanya International Duty-Free Shopping Complex leading the way. 📱 Digital platforms like Xiaohongshu play a key role in influencing shopping habits, as travelers use them for product research and planning their visits to Hainan. 🔍 Discover more through our article here: https://lnkd.in/g4j2cYMm #Chinesemarket #Hainan #LuxuryShopping #DutyFree #RetailExpansion #ChinaMarket #DigitalInfluence #TravelTrends #LuxuryRetail #ShoppingExperience #DaxueStories

There is a new $3.2 billion luxury precinct in Thailand, and its another step in the country's rising status as a luxury retail powerhouse. The shopping precinct is called One Bangkok and its been gaining a flurry of investment. The precinct is 17 hectares in size and will comprise three interconnected shopping centres with hotels, offices and residential towers. Thailand's personal luxury goods market is set to reach $2.4 billion in retail value this year, increasing at a CAGR of 9 percent through to 2029. #Thailand #OneBangkok #Bangkok

#TrangTien Street in Hanoi has a rental retail price of $300/sqm/month, up 50% compared to the pre-pandemic level and unchanged compared to the same period last year. According to the Asia Pacific Market Ranking in Cushman & Wakefield’s 2024 Main Streets Report, Trang Tien has the 18th highest retail rental price in the region. Explore where the most valuable retail streets worldwide rank in 2024 and learn how your city performed in this year's report: - English: https://lnkd.in/g-tFednD - Vietnamese: https://lnkd.in/g9B7pVmp Since the opening of Vietnam's first shopping malls, including Trang Tien Plaza in Hanoi and Tax Trade Center in Ho Chi Minh City, the total retail supply has started with about 30,000 sqm. According to a report by Cushman & Wakefield, from 1996 to 2019, the market welcomed an average of 97,000 sqm of retail space each year. The retail market grew strongly in the 6 years from 2013 to 2019 with 195,000 sqm of new retail space entering the market each year. However, in the past 5 years, the sector has shown signs of slowing down in supply, especially in the central core area, which has been the main driver for rental prices. By Q3 2024, the total retail supply in both cities will reach about 2,56 million sqm. #MainStreets2024 #Retail #DongKhoi #TrangTien Trang Bui Xuan Pham Quynh Dang

While visiting Ho Chi Minh City, the first word that comes to mind is "#vibrancy." The city is chaotic, and the congestion is stifling. The whole place is littered with modern western cafes, traditional roadside eateries, and swarmed by bikes. However, this vibrancy also comes with a lack of "safety." I can imagine my Singaporean friends in BCA and NEA cringing at the kitchens and the improper use of properties. This brings up an important question. At Orchard Road, we are losing the character of the place. It is clean, nice, and organized, but it needs a soul. How can we "remake" Orchard Road into a place that embraces the future and modern shopping experiences and retains any remaining local flavour? URA has great plans to make it work, but market forces may not favour it, especially if landlords are yield-driven. Labour is also not cheap, and there is a limit to how much technology—AI and app-driven ordering—can increase productivity. I suspect existing retailers have maximised these technologies, leaving little room for further improvement. The cost of failure will also be higher, making local retailers more "fragile." Another factor is the rise of suburban malls. DataSense by PropertyGuru shows that people travel to Orchard Road from every part of Singapore, as shown on the map below. However, the visits are much lighter, especially in the East and West. The availability of high-quality malls with similar shopping experiences probably reduced the motivation to travel down. In the age of scalability, malls in Orchard Road will find it harder to differentiate and rely on the tourists, who are often inundated by the same offerings at home or in other parts of Southeast Asia. In a high-rent environment amid an uncertain global economy, retailers are likely to pivot to HDB estates or industrial estates where rents are more affordable. Unless there are significant changes to the retail space market in Orchard Road, there is a limit to how much we can improve the experience to make the shopping belt more lovable for locals and foreigners. Perhaps we should bring back the chaos and provide "public retail spaces" for local retailers to sell their products. We have public housing for the mix. Having public retail shop lots subject to rental control could be an interesting approach. #UrbanPlanning #Retail #HoChiMinhCity #OrchardRoad #Singapore #RealEstate #RetailSpaces #LocalBusiness #Innovation #FutureOfRetail