Retail

Retail and industrial property market expected to recover in 2021

Retail rents in Orchard Road and Regional Centres declined 2.5% on average in H2 2020.

Singapore retail sales slipped by 15.3% in 2020

OCBC has forecasted that retail sales will rebound by 12.5% YoY in 2021.

CapitaLand, Shopee launch IMM virtual mall

It’s the first-ever virtual mall on Shopee’s platform.

Innovations on the rise in the retail market

Online shopping festivals and livestreaming are becoming the trend for e-commerce players in the region.

Shopee unveils new programmes, initiatives for Shopee Mall

Shopee Mall has housed more than 20,000 brands since 2017.

Frasers Centrepoint Trust reports 96.4% retail occupancy in Q1

Tenant sales have remained near pre-pandemic levels.

RSI falls to 98 in November 2020: Knight Frank

Retail sector is also expected to bottom out in early 2021.

Daiso Singapore launches online store

The products can only be delivered within Singapore.

Green Common opens in VivoCity

The brand brings plant-based brands for retail and serves entirely plant-based dishes.

BHG Singapore to take over Robinsons in Raffles City

The new concept store is a collaboration between BHG and Raffles City.

COURTS Singapore to open new flagship store at The Heeren

It spans 189,000 square feet across six storeys.

Local cupcake chain fined $119,500 for underpaying workers

It pleaded guilty on offences under the Employment of Foreign Manpower Act.

Lifestyle brand VF Corporation sets up new supply chains in Singapore

This is part of the company's commitment to invest in its businesses in the region.

Yolé Ice Cream opens flagship store in Singapore

It has had around 5,000 visits a week since its opening.

Bicycle, air fryer top keywords in Shopee 12.12 sale

Shopee in-app games are also popular with users.