Retail
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RETAIL |
16 May 13
88 reads
Includes first-ever S$20,000 Biggest Spender reward.
In a media invitation for the 30 May Singapore Great Sale press conference, official organizer Singapore Retailers Association gave a taste of the contests, prizes and gimmicks that will greet shoppers during the annual SIngaopre Great Sale. Read ››
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RETAIL |
16 May 13
64 reads
Motor vehicles segment is to blame.
According to the Department of Statistics, Compared to a year ago, retail sales fell 7.4% in March 2013. Read ››
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RETAIL |
14 May 13
255 reads
Men's shirts outsell ladies' shoes.
ZALORA just passed its 1 millionth order and here's what we know about what people are buying. Read ››
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RETAIL |
14 May 13
42 reads
He was made an undischarged bankrupt by an order made on 3 May. Read ››
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RETAIL |
10 May 13
87 reads
He has been instrumental in the growth of the retail business in Malaysia and Indonesia. Read ››
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RETAIL |
09 May 13
267 reads
Plus new outlet stores opening.
According to Savills, brands from North Asia joined the plethora of international labels making their foray here to tap the fast-growing Southeast Asian markets. Read ››
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RETAIL |
09 May 13
279 reads
Landlords benefit from populated prime locations.
Read ››
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RETAIL |
08 May 13
374 reads
The 2,078 sqft store was designed to be easily navigable. Read ››
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RETAIL |
08 May 13
BY NUS BUSINESS SCHOOL
255 reads
In the third in our series of SME leadership case studies, Think Business looks at the Suki Group of Japanese restaurants and its strategy for success in the highly competitive Singaporean food market. Read ››
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RETAIL |
08 May 13
194 reads
Market in North Asia remains gloomy.
According to Maybank Kim Eng, FJ Benjamin (FJB) reported its third quarter results where 9MFYJun13 revenue of SGD283.8m (-6% YoY), and net profit of SGD4m (-67% YoY). Read ››
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RETAIL |
03 May 13
68 reads
He is rejoining the Group as GM - Marketing, Sales and Merchandising. Read ››
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RETAIL |
03 May 13
193 reads
Financing measures haunt some.
According to the Business Expectations Survey for the services sector by the Department of Statistics, a net weighted balance of 45% of firms in the retail trade industry is less optimistic in their business outlook for the six-month period ending Sep 2013. Read ››
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RETAIL |
03 May 13
182 reads
But revenue fell 13.6%.
According to OCBC Investment Research, LMIRT's results for the quarter were in line with consensus expectations; DPU of 0.89 S cent (up 29% YoY) formed 25% of OCBC's and 26% of the street's FY13 estimate. Read ››
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RETAIL |
02 May 13
175 reads
5th batch to get funds assistance.
According to a release, the Housing & Development Board (HDB) will set aside about $1.5 million to help 3,000 shops in 32 sites island-wide enhance their business vibrancy and competitiveness. Read ››
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RETAIL |
01 May 13
115 reads
His personal interests and need to spend more time with family prompted his resignation. Read ››
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RETAIL |
30 Apr 13
100 reads
S&P raises long-term rating to BBB-.
Standard & Poor's Ratings Services has raised its long-term rating on the medium-term notes (MTN) program of Singapore-based Starhill Global REIT MTN Pte. Read ››
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RETAIL |
30 Apr 13
103 reads
He has been in Isetan Company Limited (Japan) since 1984. Read ››
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RETAIL |
30 Apr 13
208 reads
Despite more brutal competition.
According to Maybank Kim Eng, Singapore's third largest supermarket chain is "small but nimble," posting double-digit profit increases amid increasing competition. Read ››
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RETAIL |
26 Apr 13
176 reads
Near Bandar Sri Damansara and Klang Valley.
Mainboard-listed Courts Asia Limited (Courts Asia) announced the site of its first ‘Big-Box’ Megastore in Malaysia. Read ››
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RETAIL |
26 Apr 13
86 reads
Despite the expiration of his service contract as executive director, he will continue serving as CEO for a period of six months. Read ››
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RETAIL |
26 Apr 13
104 reads
Mr Bunjamin J Mailool also stepped down as non-executive director of the company due to increased professional responsibilities. Read ››
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RETAIL |
25 Apr 13
125 reads
Enough for Maybank to raise its forecasts.
According to Maybank Kim Eng, CMA’s 1Q13 core PATMI of SGD67.8m was above expectations, mainly on the back of contributions from new malls, absence of significant pre-opening expenses and lower taxes. Read ››
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RETAIL |
25 Apr 13
375 reads
The first one will be on May 29.
Not stopping at just two in the Orchard Road area, H&M expands further in Singapore with three new stores. Read ››
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RETAIL |
24 Apr 13
351 reads
Orchard Gateway's is around 80%.
According to Knight Frank, overall, prime retail rents islandwide held in 1Q 2013 from the preceding quarter, against the backdrop of an upcoming supply of about 1.6 million sq ft of new net lettable space this year.
Unlike 2009, where retail rents along Orchard Road (central and fringe) registered a 10.4 per cent drop amidst the influx of new retail supply such as ION Orchard and 313@Somerset, prime retail rents at the shopping belt are expected to stay firm this year. Read ››
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COMMERCIAL PROPERTY, RETAIL |
23 Apr 13
418 reads
It's a total 1m sq.ft.
According to Knight Frank, out of the 1.6 million sq ft of new upcoming retail space in 2013, about 1 million sq ft, or 60% of the total upcoming supply, is located in the Jurong Gateway area with the impending completion of JEM and Westgate. Read ››
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COMMERCIAL PROPERTY, RETAIL, UTILITIES |
22 Apr 13
269 reads
0.2-hectare and larger projects need to comply.
In a release, the government's water agency, PUB, said that revisions have been made to the Code of Practice on Surface Water Drainage as part of its holistic stormwater management strategy for Singapore. Read ››
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RETAIL |
22 Apr 13
1882 reads
Here’s why $3M worth RedMart is attracting big investors.
RedMart bills itself as disrupting traditional grocery retail by enabling customers to restock their pantry with non-perishable home essentials without going to the store. Read ››
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RETAIL |
21 Apr 13
155 reads
Double-digit growth after optimising malls' tenants.
CapitaRetail China Trust Management Limited (CRCTML), the manager of CapitaRetail China Trust (CRCT), announced net property income (NPI) of
RMB132.0 million for 1Q 2013, up 4.6% from RMB126.2 million for 1Q 2012. Read ››
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RETAIL |
21 Apr 13
135 reads
CMT reveals latest retail masterplan.
According to CapitaMall Trust's (CMT) latest update on its asset enhancement initiatives (AEIs), it will push through with the Bugis Junction works sometime in the second quarter of 2013, which will focus on recovering 70,000 sq ft of space which will eventually be occupied by specialty stores. Read ››
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RETAIL |
21 Apr 13
150 reads
AEI works delivering on profit promise.
In a release, CapitaMall Trust Management Limited (CMTML), the manager of CapitaMall Trust (CMT), announced CMT’s distributable income of S$85.3 million for the period 1 January to 31 March 2013 (1Q 2013) is 11.3% higher than the S$76.6 million for the same period in 2012. Read ››
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COMMERCIAL PROPERTY, RETAIL |
18 Apr 13
287 reads
Its dining and retail wings get a makeover.
Marina Square Shopping Mall announced a landmark TWO-PHASE redevelopment plan where works in Phase 1 are currently underway and works in Phase 2 will span over two years. Read ››
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RETAIL |
17 Apr 13
91 reads
He replaced former CIO Bo Frausing Christensen, who pursued other career opportunities. Read ››
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FOOD & BEVERAGE, RETAIL |
16 Apr 13
207 reads
Huge boost on year-on-year numbers.
SingStat revealed that the Chinese New Year drove sales in both food & beverage segments, pushing restaurant receipts up 16.3% and food caterers by 11.4%. Read ››
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RETAIL |
15 Apr 13
115 reads
While telco and clothes made comebacks.
According to the newest SingStat release on February retail data, motor vehicle sales suffered a 12.3% decline month-on-month (seasonally adjusted), the largest decline among all retail subsectors. Read ››
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RETAIL |
15 Apr 13
130 reads
But it's just the tip of the iceberg.
According to DBS, retail sales figure for Feb13 is on tap today. Read ››
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RETAIL |
12 Apr 13
115 reads
She cited her other commitments as reason for her inability to continue her obligations in the company. Read ››
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COMMERCIAL PROPERTY, RETAIL |
12 Apr 13
153 reads
Singapore is ~55-65% of group earnings.
According to CIMB, Singapore contributes three-quarters of the Courts Asia’s revenues. Read ››
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RETAIL |
11 Apr 13
119 reads
He was also member of the Audit Committee.
The Board of SP Corporation announced the retirement of Wong Ann Chai as independent director. Read ››
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COMMERCIAL PROPERTY, RETAIL |
11 Apr 13
205 reads
There'll be one new store per year.
According to CIMB, the main growth catalyst in Courts Asia Singapore is accelerated housing completions these three years.
CIMB noted that since the 2011 elections, the ruling party has gone about resolving the shortage of public housing, starting an intensive building programme. Read ››
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RETAIL |
09 Apr 13
213 reads
It's business as usual.
According to OCBC Investment Research, the media has reported that a group has called for the boycott of Park’N Shop supermarket chain, which is part of Li Kashing’s Hutchison Whampoa Ltd, in support of dock workers who are striking for better work conditions.
Here's more:
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