From Boom to Bust: The gradual Fall of the Chinese Bazaar

Several businesses run by citizens of the Asian country have put the bolt, unleashing rumors of a mass exodus that is not such. The reality is much more complex and less alarming: the changes in consumption and the increase in costs have led some entrepreneurs to redirect their business modelThe Chinese community celebrates its New Year: “Young people want to take a step beyond the bazaars” In recent weeks, the closure of several bazaars run by …

The explosion of fast trade websites threatens the last kings of the neighborhood. Their prices of demolition and the optimization of delivery times hits in full to some shops whose costs have skyrocketed

In recent weeks, a phenomenon has attracted the attention of citizens and social networks, both in Mallorca and in other regions of Spain: the closure of Chinese bazaars. Those establishments that, for decades, have energized the commerce of proximity. Unlike the speculations that circulate on the Internet – from an alleged preparation for a war even without declaring privileged information of its owners on the world situation –, the reasons beh…

From Boom to Bust: The gradual Fall of the Chinese Bazaar

For over two decades, Chinese bazaars have been a familiar sight in nearly every Spanish neighbourhood and industrial estate. These stores—often packed with inexpensive household goods, toys, tools, and accessories—quickly replaced traditional “dollar stores” and became a staple of everyday shopping. But today, the tide seems to be turning. Across the country, more and more of these businesses are either liquidating their stock at rock-bottom pr…