, Singapore

Big retailers are taking their flight to suburban malls

Uniqlo for instance now has 13 branches outside CBD.

Large mid-tier fashion labels are increasingly expanding their presence in suburban malls, centrally located malls begin to lose their attraction.

According to RHB, this has been a trend seen in brands like Uniqlo, who started with seven suburban locations but now has thirteen branches outside central business districts. H&M, on the other hand, only had three locations but now has six suburban mall branches.

"Since then, these brands have increased their suburban store count to 13 and six respectively. In fact, Uniqlo along with major brands like Victoria’s Secret and cafe Paris Baguette have closed their centrally-located stores at One Raffles Place," RHB said.

It added, "In the past, these large brands provided a certain novelty to mall owners as an anchor tenant to attract footfall and provide recurring rent. However, with these tenants moving into the suburban areas, centrally-located malls have lost that novelty."

Check out some of the biggest brands which are taking their chances in suburban malls:

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!