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Took a walk around the Sydney CBD today, and noticed that one of the Foot Lockers store was closing down, had just a table full of shoes and a rack of shirts to sell off at 50% discount otherwise the shop was completely empty. It's the one near the Star Bar, in the plaza that connects to Town Hall station. It's been there for like 15-20 years.


This didn't surprise me for two reasons:


1. You don't need three Foot Lockers stores within 1-2km radius of each other.


2. All the things they sell can be purchased much cheaper online from overseas, even after shipping costs, with a much larger range of choice.


Also noticed a Moochi frozen yoghurt on George St had closed down, which was a little surprising, since I thought these frozen yoghurt places were all the hype now. Maybe there is too much supply.


On the other hand, a lot of 'bubble tea' places seem to be booming, like Easyway, Gong Cha, Cha Time etc.


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