Retail
Retail space stocks grow by 19,000 sqm in Q1 2024
Retail space prices rose by 1.8% this quarter from 1.2%.
Sheng Siong net profit up 8.9% to $36.3m in 1Q24
The supermarket attributed the increase to better sales.
Retail opportunities abound in 4 Orchard Shopping Belt sub-precincts
These sub-precincts will undergo redevelopment and have seen a growing presence of brands.
Mega sales drive 30% surge in brand transactions
Mega sales and digital content shape consumer engagement.
Support for bans on plastic items strong across various age groups
Most (53%) support banning drinking straws,
8 suburban areas to watch for retail investment
These areas have low provision of retail space compared to resident populations.
P&G unveils HapSense sensor for advanced skincare analysis
The sensor can capture real-time data independent of user perception.
Cashless the name of the game for retail in Singapore: report
About a third of Singaporean shoppers don’t even carry wallets.
Are your go-to online marketplaces safe enough?
In 2023, Singapore reported 9,783 e-commerce scam cases.
Retail sales rise 8.4% YoY in February
Excluding motor vehicles, sales would have risen by 9.4% YoY.
Lunar New Year fuels 8.4% growth in SG’s Feb retail sales
Favourable results are also expected in March due to factors like Taylor Swift’s Eras Tour.
City Square Mall's $50m upgrade set for 2025 completion
Enhancement activities began during the third quarter of 2023.
Night at Orchard returns to feature emerging brands across the region
The event will run from 3pm to 10pm on the last week of every month
ShopBack slashes 195 jobs in cost-cutting overhaul
Laid-off workers will receive severance pay and more.
SREITs’ retail, office, hospitality saw strong recovery in Q4 2023: analyst
Hospitality and retail will continue to benefit from visitor arrivals and domestic spending.
Tetra Pak shutters packaging material production facility
The closure displaced 300 workers.
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Commentary
SG60: What the next 10 years have in store for Singapore’s investment landscape