Jump to content

Lucky Mall bust bursts Siem Reap retail bubble


geovalin

Recommended Posts

The October 1 closure of Lucky Mall in Siem Reap signified farewell to the last vestiges of the retail boom that erupted in 2008 when a clutch of cash-registered Temples of Mammon thrust forth, all eager to profit from the tourism wealth flowing from the Temples of Angkor, a flow that was thought would never ebb– until it did.

 

The retail rush began early in 2008 when the four-storey Angkor Trade Centre opened on the riverside with a batch of trendy stores alongside, such as Swensen’s and The Pizza Company.

 

This was followed in August with the splashy opening of Lucky Mall, while simultaneously ground was being cleared for construction of another large Canadia Bank-financed mall, The Angkor Shopping Arcade, on National Road 6. Plus nearing completion was the construction of the supposed four-storey, 18-escalator, two-glass-encased-elevator, 430-store Royal Shopping Galleries.

 

read more

https://www.khmertimeskh.com/501371460/lucky-mall-bust-bursts-retail-bubble/

 

 

68512.jpg

 

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • Recently Browsing   0 members

    • No registered users viewing this page.








  • Latest posts...

    1. 42

      Garbage Republicans Slither Out To Endorse Harris

    2. 101

      Second Assassination Attempt-Secret Service get Trump to safety

    3. 25

      Brawl on Bangla Road, Transgender Woman Assaults Tourist

    4. 10

      Truck Owner Distressed as Broker Crashes Vehicle into Pond, 4.2 Million Baht in Cash Lost

    5. 17,599

      Australian-rules-football-afl-chatting-tipping-and-news

    6. 20

      Illegal Work: Russian Employer and Russian Electrician Arrested

    7. 27

      Thailand unveils trillion-baht infrastructure boom

    8. 8

      AGODA (again)

    9. 25

      Brawl on Bangla Road, Transgender Woman Assaults Tourist

    10. 101

      Second Assassination Attempt-Secret Service get Trump to safety

    11. 0

      Travel Planning with Dan About Thailand’s Free App

×
×
  • Create New...
""