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HK malls facing new challenges in retail slump

Developers looking for ways to keep mall traffic flowing as mainland shoppers retreat and the local economy slows in tandem with China's

The locations that were the biggest beneficiaries of the Chinese boom are now suffering the most. The new chapter now is about bringing back local shoppers.

Hong Kong

AFTER 27 years of serving rib-eye steak and apple pie to American cuisine lovers in Hong Kong, Dan Ryan's Chicago Grill has closed its doors at the city's Pacific Place mall. Taking its place: a trendy new Italian restaurant called Operetta.

"I don't know why they had to...

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