As the Lunar New Year approaches, Hong Kong shoppers are being offered a rare, coordinated buying opportunity, with four of the city’s major retail chains—ParknShop (Pak N Save), Wellcome, Mannings, and Watsons—simultaneously launching significant 88% off (12% discount) promotions on Saturday, February 7th, 2026. This aggressive, one-day retail blitz allows customers to complete their festive preparations, from sourcing essential pantry staples and frozen foods to purchasing last-minute health supplements and highly coveted gift boxes, maximizing savings across multiple shopping categories.
Retailers Offer Deep Discounts and Value-Added Promotions
The synchronized promotion sees two major supermarket chains and two leading health and beauty retailers competing for consumer spending, providing substantial discounts both in physical stores and online. This strategy aims to capture the surge in pre-holiday spending, particularly for celebratory items and high-value festive necessities.
Wellcome is hosting its two-day “Fuk Day” event, starting February 7th, where discounts reach up to 88% off without a cap. Savvy shoppers can capitalize on specific deals, including notable “buy-one-get-one-free” offers and steep discounts on household necessities. For instance, customers in physical stores who spend HK$188 or more receive the 88% discount, while online orders over HK$888 also qualify. Promoted items include significant savings on premium ingredients like abalone and exclusive discounts on festive treats.
ParknShop, utilizing its extensive network including FUSION and TASTE stores, is offering its 88% discount exclusively to MoneyBack members on February 7th. In-store purchases above HK$168 are eligible for the unlimited discount. For online shoppers, a minimum spend is higher, requiring HK$1,200 for the full 88% off using the code “CNYBUY88,” though a 92% discount is available for purchases exceeding HK$800. The supermarket is also enhancing engagement by hosting meet-and-greet sessions with its mascots “Pakzai” and “Pak Bien Sing” at select Tuen Mun and Tin Shui Wai locations, reinforcing the communal aspect of holiday shopping.
Health and Beauty Chains Provide Unrestricted Savings
In the health and wellness sector, both Watsons and Mannings have introduced compelling no-minimum-spend 88% off deals for their loyalty members.
Mannings is streamlining the process by offering the 88% discount universally, both in-store and online (using the code “26FEBHH”). Beyond the base discount, Mannings is layering savings, offering customers “discount-on-discount” opportunities. This includes enhanced redemption rates for yuu points, where members can save up to an additional 12% by converting points into e-vouchers. Furthermore, because the promotion falls on a Saturday, customers using registered HSBC credit cards can potentially earn an additional 10% cash rebate on eligible transactions exceeding HK$1,000, creating maximum leverage for bulk buyers of wellness products and skincare.
Similarly, Watsons is offering its no-threshold 88% discount to EasyMoney members (online code: “12OFF”). Watsons is sweetening the deal with post-purchase rewards: spending over HK$388 nets customers up to HK$200 in Watsons cash vouchers, effectively offering immediate rebates on holiday spending. Highlighted promotions include exceptional bulk deals on high-efficacy supplements like NMN, which is available on a “$1 extra for a second item” basis, drastically reducing the effective price per unit.
Alternative Savings at 759 Store
In comparison to the 88% discounts at the major chains, local import specialist 759 Store has launched an even deeper, limited-time promotion, offering members a comprehensive 70% off (30% discount) on most products from February 5th to February 8th. This four-day sale emphasizes imported snacks and frozen goods, with the point-of-sale system automatically applying the cheapest price between the 70% off rate and existing bundle offers, making it a powerful alternative for stocking up on international holiday treats.
Hong Kong consumers are advised to consult the specific terms and conditions for each retailer—including minimum spending requirements, online codes, and membership eligibility—to strategically maximize the benefits of this massive pre-Lunar New Year sales weekend.