Retail
Sasseur REIT reopens Chongqing and Bishan outlet malls
Sasseur REIT reopens Chongqing and Bishan outlet malls
Its China malls were temporarily shuttered seven weeks ago due to the outbreak.
Chart of the Day: Gen Z prefers physical stores despite being big online spenders
Gen Z view physical stores as more trustworthy than online sales.
Chart of the Day: Mall carpark vacancies subside weeks after DORSCON row
The worst may be over for retailers and retail REITs.
Virus crisis to hit Dairy Farm's North Asia earnings
Restaurant earnings fell 30% during the SARS outbreak in 2003.
Dairy Farm's 2019 profits skyrocketed 281.84% to $448.53m
Total sales, supported by its investment in Robinsons Retail, climbed 26%.
Retail sales headed for double-digit declines by end-Q1
Sales might contract of 5% for the whole year.
Retail sales down 5.3% to $4.1b in January
Sales from motor vehicles saw the largest decline and crashed 33.6%.
Online grocery and food delivery demand ticks higher: report
Online orders skyrocketed 300% after Singapore raised its disease response level.
SPH REIT to provide assistance scheme for tenants
Tenants will be allowed to operate for shorter hours.
Starhill Global REIT implements COVID-19 measures for retail tenants
They will receive rental rebates and marketing assistance.
Face mask stocks nearly doubled in online stores
The inventory surged by 173% in early February.
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.
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