Retail

Chart of the Day: Grocery sales down 1% YTD in September
18 Dec 18
They are holding their ground against the e-commerce threat.
Mobile wallet usage boosts business growth for small merchants: study
14 Dec 18
Monthly card sales increased 7% after adopting cashless payment methods.
Lazada Group appoints Pierre Poignant as CEO
13 Dec 18
He will succeed Lucy Peng who will remain as the Group’s executive chairwoman.
Retail sales up 0.1% to $3.7b in October
12 Dec 18
Petrol service stations sales grew the largest at 11.4%.
Singapore malls pin hopes on fitness spaces to battle declining footfall
10 Dec 18
The upcoming Funan Mall will allow indoor cycling in its Level 1 through amenities paired with end-of-trip facilities such as cafés and...
Developers: Singapore retailers' secret weapon for the holiday season
10 Dec 18
As savvy shoppers look to the internet for their deals, the last quarter of the year is increasingly a crucial period for online retailers in...
Chart of the Day: Retail space supply to hit 1.53 million sqft in 2019
6 Dec 18
A large chunk of space supply will be outside the central region.
Daily Briefing: COE prices for smaller cars plunged to nine year low at $23,568; Grab partners with Philippines' biggest company to expand GrabPay
6 Dec 18
And solar energy startup SolarHome bags US$10m from crowdfunding platforms.
Should incumbent malls be threatened by Jewel Changi and Funan in 2019?
5 Dec 18
They have proven their strength as pre-commitment levels for Jewel Changi and Funan have hit 90% and 70%, respectively.
Westgate acquisition could bolster CapitaLand's DPU up to 7%
29 Nov 18
Rental growth could rise 2% supported by F&B and sports brands in 2019.
APAC's mobile payment usage climbs 30% in 2018
27 Nov 18
Consumers in China and India are more likely to reach for their phones to shop and pay.
Chart of the Day: Small malls hit by negative rental reversions in 9M
20 Nov 18
Retailers had trouble luring traffic amidst limited tenants.
Retail REIT recovery drags on amidst sluggish sales and traffic
20 Nov 18
Shopper traffic moved in the range of -2% to 3% whilst tenant sales settled between -3% to 3% in 9M.
Retail rents in hyper-expensive Singapore are still cheaper than Hong Kong
15 Nov 18
Leasing costs are at US$308 psf per year.
Chinese business to extend CapitaLand's winning streak in Q4
15 Nov 18
It expects to recognise around $1.27b of revenue from China by Q4.
Daily Briefing: EDBI joins $55.14m funding round for US tech firm; MOH lays out benchmarks fees for surgical procedures in private hospitals
14 Nov 18
And Kent Ridge Hill Residences sell 46% of units in weekend launch.
CapitaLand and GIC to buy Shanghai's tallest twin towers for $2.54b
13 Nov 18
The two 50-storey buildings have an office and retail component.
Qoo10 to enable package collection at 7-Eleven by end-2018
13 Nov 18
The service will be initially available at 75 stores.
Retail sales up 1.9% to $3.6b in September
12 Nov 18
Petrol service stations recorded the highest sales increase at 11.4% due to higher petrol prices.
Online grocers risk losses with new experimental offerings
11 Nov 18
Riding on global trends, honestbee is launching a mixed grocery and dining space with cashless payment and robotic item collection features.
Singles' Day generates 935% sales growth in Singapore: study
9 Nov 18
An average Singaporean is willing to spend $293 on that day, a survey showed.
Physical meets digital in CapitaLand's new NomadX store
8 Nov 18
The 11,000 sqft space will feature physical outlets of online retailers such as Alibaba’s Taobao and Style Theory.
Chart of the Day: Prime retail rents in Singapore may see muted growth until 2022
2 Nov 18
They could be hit by high occupancy costs and diminished tourist spending.
CapitaLand Retail China Trust's NPI climbed 2.2% to $36.73m in Q3
31 Oct 18
The increase was driven by broad-based rental growth and better cost management.
Sheng Siong profits fell 9.4% to $17.84m
31 Oct 18
Its administrative expenses rose amidst additional headcount for its new stores.
Daily Briefing: Singapore bankers cautious of mainland China travel; Razer sets eyes on international market expansion
31 Oct 18
And trade and supply chain investor GTR Ventures makes its first African investment.
Retail rentals fell 1.2% in Q3 as prices kicked up a notch
26 Oct 18
Retail rent prices increased 0.3% amidst a 26,000 sqm net lettable area decrease in the amount of retail occupancies.
Frasers Centrepoint Trust NPI fell 4.9% to $32.88m in Q4
24 Oct 18
DPU slipped 3.6% to $0.286.
Dairy Farm and NETS to enable Chinese e-payment service WeChat Pay
23 Oct 18
The service will be available from 1 November at 7-Eleven, Guardian, Cold Storage and Giant.
shopper360 clinches advertising agreement for NTUC FairPrice supermarkets
23 Oct 18
It will provide digital and traditional advertising for 68 supermarkets islandwide.
Daily Briefing: Singapore HealthHub hit by 27,000 unusual log-in attempts; Three firms sanctioned over supply of luxury goods to North Korea
18 Oct 18
And here's a new delivery scheme for Lazada customers.
Daily Briefing: Finance minister says VCs will have ‘significant role' amidst age of distraction; Orchard Road revamp in the works
17 Oct 18
And St. Francis Court up for en bloc sale with owners expecting offers above $95m.
Singapore's bright private consumption forecast takes hit as inflation picks up
17 Oct 18
Retail sales are expected to remain weak into 2019.
Supermarkets face fight for survival amidst another store closure
16 Oct 18
Hypermarket Giant’s outlets in Junction 10 and Jalan Tenteram have already shut down whilst its operation in ViVoCity is set to cease by Q1...
honestbee unveils high-tech grocery and dining space
16 Oct 18
Shoppers can use cashless checkouts and collect items from robots.
Retail's saving grace: Singapore malls embrace activity-based tenants
16 Oct 18
Gyms, health centers and virtual reality arcades are estimated to occupy 50% of the island's retail mix.
SPH REIT's acquisition of Seletar Mall could boost firm's DPU by 5% per annum
15 Oct 18
The acquisition cost is estimated at $500m.
Retail sales down 0.4% in August to $3.8b
12 Oct 18
Motor vehicle sales dropped 12.8%.
SPH REIT's NPI down 1.9% to $40.98m in Q4
12 Oct 18
DPU inched up 0.7% to $0.143.
Jewel Changi Airport 90% leased ahead of 2019 opening
11 Oct 18
Tenants include Shake Shack, Pink Fish and Laderach which will have their maiden outlets in Singapore.

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