Retail
Retail rebound may fade as labour and trade headwinds emerge
Retail rebound may fade as labour and trade headwinds emerge
RHB and UOB attributed the improvement to a rebound in tourism and targeted government support measures.
Retail sales reaches $4.3b in August driven by online sales
This was an increase of 5.2% compared to the previous year.
COTD: Prime retail rents up by 0.3% QoQ in Q3
Suburban prime malls also saw rents grow 0.3% QoQ.
COTD: Islandwide retail supply pipeline peaks in 2025
However, supply is expected to ease from 2026 through 2029.
FJ Benjamin Holdings widens net loss in FY 2025
The group said revenue for the year also declined by 22.9% to $60.5m.
FairPrice expands payments with Alipay+ mini app
More than 500 FPG outlets will now be able to accept cross-border mobile payments.
Keong Saik Bakery shuts Jewel Changi store earlier than planned
It will close due to rising costs and competitive pressures.
Temasek Shophouse grows ecosystem with addition of 2 partners
The new outlets will start operations on 29 September.
Reverie on the Hill seeks 500 creators for community-driven retail
The skincare studio values user-generated content over traditional ads.
Retail sales rise 4.8% in July to $4.2b
Online retail accounted for 13.1% of total sales in July.
COTD: Nearly three in four consumers open to using AI in shopping
69% plan to use AI for price comparison.
Gov’t to launch unit pricing programme at major supermarket chains
The initiative aims to enhance price transparency.
Creative Technology divests Super X-Fi asset for $6.4m
Upon completion of the sale, the company will see a net gain of $3.8m.
Singapore retail staples sector shows continued strength: analyst
Top picks remain Sheng Siong (SGX: OV8) for its stable earnings growth.
Chinese travellers in Singapore spend big on quality products: report
Nearly half of these consumers spend more than US$7,000 annually on premium products.
Portfolio of 16 Crown Centre retail and F&B units for sale at $33.8m
The portfolio is fully leased, with tenants such as Popeyes, Domino's, and Pizza Hut.
Sea Limited net income surges 418% to $531.7m in Q2
Its e-commerce platform Shopee reported 3.3 billion gross orders.
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