Fishmarket Kampot is closing
- phuketrichard
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Re: Fishmarket Kampot is closing
is this the one?
been open for over a year, near the entrance to the pier for Boats to Rabbit island
In a nation run by swine, all pigs are upward-mobile and the rest of us are fucked until we can put our acts together: not necessarily to win, but mainly to keep from losing completely. HST
Re: Fishmarket Kampot is closing
No, why? Do you have any real evidence that they're doing a poor job picking locations? I think it's just a reflection of your dislike of them / their product.phuketrichard wrote: ↑Wed Aug 09, 2023 10:41 am as to ...."If they think there's enough demand in Kampot, I trust them to know their shit." ur joking right?
Whenever I've been to a Starbucks in Phnom Penh, Siem Reap or Sihanoukville, it was at least reasonably busy, so I have no reason to believe that they don't know their shit. If they believe it's time to enter Kampot, I can imagine who they think their target group will be, and it isn't expats.
There was a similar thread on ThaiVisa recently about their expansion plans in Thailand. The old goats were busy bleating as expected, meanwhile young Thais can't seem to get enough (for all the wrong reasons of course, but it is what it is).
- phuketrichard
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Re: Fishmarket Kampot is closing
Thailand, i can understand, lots of young thais and a huge middle class want to be seen in a starbucks and can afford itAlex wrote: ↑Wed Aug 09, 2023 12:04 pmNo, why? Do you have any real evidence that they're doing a poor job picking locations? I think it's just a reflection of your dislike of them / their product.phuketrichard wrote: ↑Wed Aug 09, 2023 10:41 am as to ...."If they think there's enough demand in Kampot, I trust them to know their shit." ur joking right?
Whenever I've been to a Starbucks in Phnom Penh, Siem Reap or Sihanoukville, it was at least reasonably busy, so I have no reason to believe that they don't know their shit. If they believe it's time to enter Kampot, I can imagine who they think their target group will be, and it isn't expats.
There was a similar thread on ThaiVisa recently about their expansion plans in Thailand. The old goats were busy bleating as expected, meanwhile young Thais can't seem to get enough (for all the wrong reasons of course, but it is what it is).
As there no uni's in Kampot and not a large middle class, PLUS the local population is not flush with cash like PP or SR>
add in local expats are not the kind that would go to starbucks>
My opinion of course
In a nation run by swine, all pigs are upward-mobile and the rest of us are fucked until we can put our acts together: not necessarily to win, but mainly to keep from losing completely. HST
Re: Fishmarket Kampot is closing
So you lived in Kep, went to Kampot weekly for shopping, but in your opinion, Kampot doesn't have a university. That's funny.phuketrichard wrote: ↑Wed Aug 09, 2023 12:49 pmThailand, i can understand, lots of young thais and a huge middle class want to be seen in a starbucks and can afford itAlex wrote: ↑Wed Aug 09, 2023 12:04 pmNo, why? Do you have any real evidence that they're doing a poor job picking locations? I think it's just a reflection of your dislike of them / their product.phuketrichard wrote: ↑Wed Aug 09, 2023 10:41 am as to ...."If they think there's enough demand in Kampot, I trust them to know their shit." ur joking right?
Whenever I've been to a Starbucks in Phnom Penh, Siem Reap or Sihanoukville, it was at least reasonably busy, so I have no reason to believe that they don't know their shit. If they believe it's time to enter Kampot, I can imagine who they think their target group will be, and it isn't expats.
There was a similar thread on ThaiVisa recently about their expansion plans in Thailand. The old goats were busy bleating as expected, meanwhile young Thais can't seem to get enough (for all the wrong reasons of course, but it is what it is).
As there no uni's in Kampot and not a large middle class, PLUS the local population is not flush with cash like PP or SR>
add in local expats are not the kind that would go to starbucks>
My opinion of course
As for Starbucks, let's just wait and see what will happen. If I understood Hanno correctly, they just surveyed the place - maybe they'll come to the same conclusion as you.
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Re: Fishmarket Kampot is closing
There are like 20k-30k middle class Phnom Penhers visiting Kampot/Kep weekly. I'm sure they are the main target clientele. Not the 50cents expat beer crowd. On other note, Brown Coffee opens later this year in Kampot as well. Brown coffee in Sihanoukville is making killing. It's totally packed every weekend and weekdays after 3pm.
Re: Fishmarket Kampot is closing
Starbucks is also an international chain with an opaque mix of licensees, joint-ventures and owned locations. Has been under investigation by tax authorities worldwide, eg secret arrangements with the Dutch government, crackdown in the UK after it came to light that they had not paid any tax for years, NTS of South Korea investigating. Payment of high IP related fees to transfer profits around the world in order to pay the least in some tax-haven.
https://www.koreatimes.co.kr/www/biz/20 ... 90673.html
That enables creative bean-counters to set up loss-leading locations that get 'paid' with untaxed profits made elsewhere. Picture is a Lamborghini Urus parked in front of Kampot's market (I wanted to use a pic once made of a cavalcade of Mercedes G63s and Lexus LX570s parked in front of Fish Market restaurant but could not locate it).
https://www.koreatimes.co.kr/www/biz/20 ... 90673.html
That enables creative bean-counters to set up loss-leading locations that get 'paid' with untaxed profits made elsewhere. Picture is a Lamborghini Urus parked in front of Kampot's market (I wanted to use a pic once made of a cavalcade of Mercedes G63s and Lexus LX570s parked in front of Fish Market restaurant but could not locate it).
- Jerry Atrick
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Re: Fishmarket Kampot is closing
All the Asian tour busses stop there when visiting Kampot too
Re: Fishmarket Kampot is closing
I should have said "Is Gloria Jean's Coffee opening another coffee shop in Kep?" I recently saw the Gloria Jean's Coffee sign on the fence at the new development next to Kep beachside and assumed that it was to be a new location....
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Re: Fishmarket Kampot is closing
They have signs all over Kep. Those are just promoting the existing location.
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