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Howard Hughes Corporation developing residential units in Honolulu
If you haven't been to Honolulu recently, you probably won't recognize it especially with all the changes in the last couple of years or so.
 
We hear about retailers shutting down brick & mortar stores all across the United States because online purchasing has skyrocketed. People don't go shopping like they used to because now they can do it from the comfort of their own home.
Not so in Honolulu.
So what about Honolulu where I have seen the world's top brands opening up stores at the Ala Moana Shopping Center, along Kalakaua Avenue and in the totally redone International Market Place? Quite a few of these stores are in at least 2 out of the 3 places. And you know they are paying top dollar for their leases.
Do they expect to make a profit? Or just bragging rights as in we are "located in London, Paris, Rome, New York" and now adding Honolulu? 
By the way, the top shopping capitals are London, Tokyo, NY, Paris, L.A., Hong Kong, Singapore, Dubai, Sydney and Milan". These and several other cities (22 of them) rake in $417.48 billion a year.
But these cities take in so much because of:
(1) sheer population,
(2) high standard of living, ... more

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