Retail
CapitaLand's mall traffic in China rebounds despite closures
CapitaLand's mall traffic in China rebounds despite closures
Shopper traffic recently rose to 40-50% of the pre-COVID-19-outbreak levels.
CapitaLand to release one-month security deposit for retailers
It aims to help ease tenants’ cash flows amidst COVID-19.
CapitaLand offers rental relief to COVID-19-affected retailers
This is on top of the $10m marketing assistance programme to retailers.
The Future of Holiday Retail is Blended Experiences
From Sasa to once-popular departmental stores such as Metro and Isetan, a number of retailers have left Singapore shores or announced plans to do so...
Retail tech unicorn Trax acquires European AI-based tech firm
Trax aims for mainstream adoption of real-time store monitoring.
CapitaLand launches $10m marketing assistance amidst outbreak
It will also implement flexibility to operate shorter store hours for retailers.
Grocery stores rush to steady supply as outbreak alert level rises
FairPrice has already imposed purchase limits to prevent customers from stockpiling.
Conscious consumerism, experiential selling are the top retail trends for 2020
Singaporeans are willing to pay premium prices for products that are more sustainable.
Prime retail rents stay flat in Q4 2019
Online platforms and slower sales dampened retail sales.
Daily Briefing: Businesses urged to make continuity plans over nCov spread; Deen Express ordered to explain price surge of masks
And US-based dating app The League enters Singapore. From Human Resources Online:
Coronavirus scare a boon for online grocery sales and telcos
Reduced outdoor time meant higher demand for online purchases and data streaming.
Novelship fills the gaps in the sneakers reseller market
It acts as an “gatekeeper” for authenticity and product condition.
Retail sales dipped 4% to $3.6b in November
Motor vehicles and furniture & household equipment led the decline in sales.
Retail sales fell 4.3% in October YoY
The optical goods and books industry experienced the biggest decline with a 6.9% fall.
BlinQ rolls out pre-owned luxury items delivery service
The platform will offer complimentary pick-up, price setting and product photography for clients.
Time to embrace sustainability in the fashion industry
Greenhouse gas emissions from the apparel industry is expected to increase to 49% in the next decade.
How luxury brands are turning old inventory into opportunity whilst staying environmentally sustainable
OnTheList ties up with brands like Jimmy Choo and Armani for weekly, members-only flash sales.
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