Retail

Best World International profits leapt 193% to $26.75m in Q2
14 Aug 19
Revenue from the franchise segment resulted in a 78% increase in the profit margin.
Daily Briefing: Retail landlords may lower rents for higher occupancy; Sunpower Group buys Changshu Suyuan for $47.35m
13 Aug 19
And Temasek unit invests in e-games chairs maker Secretlab.
Sheng Siong recovery looms as same store sales rebound
13 Aug 19
Same-store sales are expected to bounce back 0.5% after a 0.6% decline in H1.
Retail sales down 8.9% to $3.5b in June
9 Aug 19
Motor vehicles industry sales led the decline.
Dairy Farm profits up 0.2% to $244.86m in H1
2 Aug 19
Revenue was affected by the deconsolidation of Rustan’s in Q4.
CapitaLand Retail China Trust to raise $279.4m in latest funding exercise
2 Aug 19
It will be used to fund the purchase of three shopping malls.
CapitaLand Retail China Trust NPI up 7.3% to $40.36m
1 Aug 19
Rents across its malls grew whilst operating expenses dipped.
Services sector outlook subdued for H2
1 Aug 19
Hoteliers are amongst the most optimistic whilst retailers expect lower turnover.
Sheng Siong profits up 6.6% to $37.8m in H1
30 Jul 19
The supermarket opened 13 new stores in Q2, boosting revenue.
This reverse auction app lets you buy items at the lowest bid
29 Jul 19
Doropu has sold 35,000 products in Singapore and Malaysia to date.
Retail rentals down 1.5% in Q2: URA
26 Jul 19
However, the prices of retail spaces increased by 0.4%.
Mapletree Commercial Trust's NPI inched up 2.8% to $88.35m in Q1
26 Jul 19
All properties except Mapletree Anson performed strongly in terms of contributions.
How will Capitaland Mall Trust see rental growth amidst incoming competition?
26 Jul 19
Its portfolio occupancy slipped slightly to 98.3% as at end-Q2 2019.
Chart of the Day: Tourists could account for a fifth of retail sales by end-2019
24 Jul 19
Tourist expenditure on shopping grew at a 10-year CAGR of 3.4%.
Love, Bonito to open largest physical store in Funan
22 Jul 19
The shop will have instagrammable spots, an express e-commerce counter, and on-demand stylists.
Retail property investment sales jumped 52% to $961m in Q2
18 Jul 19
Chinatown Point was sold for $520m or $2,450 psf NLA.
Close to 1 in 2 SMEs paid their arrears on time in Q2
17 Jul 19
The turning fortunes of the construction sector were cited as a possible reason for the improved performance.
Tepid growth ahead for Sheng Siong stores as consumer spending weakens
16 Jul 19
The contribution of same-store-sales to earnings is expected to hit only 0.5% in 2019-2020.
Seletar Mall buy could add up to 10% to SPH REIT's FY 2019 DPU
15 Jul 19
The firm’s DPU inched up 1.5% YoY to $0.0139 in Q3, thanks to higher contributions from The Rail Mall and Figtree Grove Shopping Centre....
Singapore Press Holdings profits dropped 44.1% to $26.2m in Q3
15 Jul 19
Lower print advertisement and circulation revenue dragged down the company’s performance.
Retail sales shrink for fourth straight month in May
12 Jul 19
Sales fell 2.2% with motor vehicles leading the decline.
Frasers Centrepoint secures 33.3% stake in Waterway Point for $240.5m
12 Jul 19
It launched an equity fund to raise gross proceeds of $437.4m.
SPH REIT's NPI up 14.2% to $46.32m
12 Jul 19
The income boost came from its Rail Mall and Figtree Grove Shopping Centre properties.
Can retail underdogs take a bigger bite of Singapore's online grocery pie?
8 Jul 19
Despite only holding less than 7% grocery market share in 2017, RedMart and FairPrice will dominate the market in few years time.
Prime ground-floor unit at Bukit Timah Shopping Centre for sale at $5.8m
8 Jul 19
The 2,142-sqft property has obtained the approval for bar and pub use.
Online grocery market in Asia to skyrocket 198% to US$295b by 2023
5 Jul 19
South Korea, Japan, and China are poised to have the most established online grocery market.
CapitaLand could bank on Liang Court's potential yield of up to 4.7%: analyst
5 Jul 19
Reviving the property into a mixed-used development could command a GDV of $3.0b.
eBay to bridge more SMEs to 179 million-strong buyer base
1 Jul 19
It partnered with the Singapore Institute of Retail Studies to train SMEs in cross-border trade.
Revamped Funan kicks off
1 Jul 19
It will bank on experiential offering such as an urban farm and a futsal facility to drive footfall.
COURTS returns to Funan with first IoT-themed store
28 Jun 19
Around 80% of its products at the 12,000 sqft space are smart home-compatible.
Chart of the Day: How much are Singaporeans willing to spend on shopping?
28 Jun 19
They spend $624 on average for in-store travel-related transactions.
9 in 10 Singaporeans stuck with familiar brands: study
27 Jun 19
They claimed that they have become less impulsive.
Retail REITs stage turnaround
25 Jun 19
The threat from online shopping has eased as the share of e-commerce in total retail sales slowed to 5.4%.
Retail startup Trax buys US rewards app Shopkick
25 Jun 19
The app lets shoppers earn rewards by browsing online offers and scanning product barcodes.
FJ Benjamin Holdings gets 12-month extension to exit SGX watchlist
21 Jun 19
After booking pre-tax losses for three straight years, the retailer bounced back with $939,000 profit in FY2018/2019.
Here's why more than half of Singaporeans still prefer in-store shopping
20 Jun 19
They want to make sure they could test the product first, a study found.
TT International records three consecutive years of losses
18 Jun 19
It is at risk of being placed under the SGX-ST’s watchlist.
Daily Briefing: Sentosa Cove property prices fell to record low $1,367 psf; Full floor plate at Springleaf Tower up for sale at $27.2m
17 Jun 19
And 25-year-old Great Singapore Sale will kick off by 21 June.
How can CapitaLand Retail China Trust fund its $589.2m mall acquisition?
14 Jun 19
A private placement paired with preferential offering could boost its DPU, an analyst said.
Hyperpersonalisation— the holy grail of retail
14 Jun 19
The retail sales (excluding auto) in Singapore has been declining since 2014 on an average of 0.2% per year, but the yearly decline is much faster...

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