Retail
SPH divests convenience store chain Buzz
SPH divests convenience store chain Buzz
The group will retain its right to distribute its publication at Buzz outlets.
Fashion takes over sharing economy: Clothing rentals gain popularity
Since 2015, a number of clothing rental services have sprung up in Singapore’s retail scene.
Consumer spending growth may lag at 1.8% in 2020
Spending behaviour continues to show drastic changes.
COVID-19 is a wake-up call for our fragile supply chains
The coronavirus pandemic has proved a bitter pill for the world’s business leaders to swallow and one unlikely to digest any time soon.
How Handmade Heroes is carving a niche with natural skincare products
It has since grown its staff tenfold and expanded its working space by 25 times.
Home furnishing demand in Singapore doubled in February-March
Work from home arrangements fuelled growth in the sector.
Retail sales slump eased in March
Recovery is expected to continue but is inconsistent and could deviate until April.
Chart of the Day: Online grocery sales hit over $600m in February
It is tipped to steadily rise as most Singaporeans are encouraged to stay home.
ESG, ecommerce giants roll out Singapore E-Commerce Programme
The initiative will provide 90% support to retailers in domestic markets.
Food demand to shift to groceries, residential outlets and online delivery platforms
Outlets dedicated to dine-in customers will face challenges.
Enterprise Singapore to assist F&B sector with delivery orders
F&B outlets will no longer be allowed to provide dine-in services.
Retail sales dropped 8.6% to $3.1b in February
Industries selling discretionary items were affected by a decline in tourist arrivals.
NTUC FairPrice temporarily closes Bedok Mall store
Staff were put on leave after one of the employees was diagnosed with COVID-19.
Landlords urged to limit retail rents by turnover
This hopes to avoid permanent store closures as the pandemic hit stores’ sales.
UOBAM launches Singapore's first bond fund for retail investors
Underlying Fund focused on impact investing and stable income for investors.
Not all-gloomy: retail sales shift to supermarkets
Sheng Shiong’s and Dairy Farm’s earnings would likely grow by around 3%.
Lazada, Shopee are the two most used e-commerce apps in Southeast Asia
It was the top app in Malaysia, Thailand and the Philippines.
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