Retail
DFI exits SG grocery market with minimal disruption expected
DFI exits SG grocery market with minimal disruption expected
Macrovalue acquired DFI’s Cold Storage and Giant stores in Singapore for $125m.
Retail growth softens as headwinds mount in second half
Retail sales in April eked out a 0.3% YoY gain, recovering slightly from March's decline of 2.7% on a seasonally adjusted basis.
Retail sales edge up 0.3% YoY in April with broad-based growth
Excluding motor vehicles, growth would be higher year-on-year.
Cutesy toys need to imprint on humans to be effective
The emotional connection must create loyalty that outlasts the campaign itself.
54% of Singaporeans show more loyalty to socially responsible brands: report
58% of both Millennials and Gen Z shoppers in Singapore are especially responsive to brands with a clear social impact focus.
Six in 10 shoppers abandon purchases over slow checkout
56% would walk away if their preferred payment method isn’t offered.
More than 30% of consumers are increasingly driven by social media trends: report
Singapore consumers say social media trends influence their buying decisions.
DFI Retail Group sells Robinsons Retail shares back for $362.61m
This represents 22.2% of Robinson Retail’s share.
S’poreans stick with traditional channels for brand access
They prefer email and phone calls when connecting with brands.
Cortina Holdings profit up 4% YoY to $63.6m in FY2025
Revenue for the period also increased 6% YoY.
Piccadilly Galleria relaunched for sale at $67.5m
The property was initially launched in October 2024.
The Hour Glass profit falls 14% to $136.1m in FY2025
It was mainly due to higher operating costs caused by inflation.
Gen X collectors drive growth in Singapore collectibles scene: survey
This makes Gen X the second-highest spending demographic, trailing only 26–30-year-olds.
DFI Retail Group reports underlying profit drop of 18% in Q1 2025
The group still maintains its full-year profit guidance of $297.88m to $349.68m
Creative Technology appoints Freddy Sim as new CEO
He brings over 40 years of entrepreneurial experience to the role.
Prime retail rents rise marginally in Q1 2025
Island-wide retail occupancy rate fell to 93.2%.
ShopBack debuts in the US, partners with over 2,000 merchants
Its US launch includes Amazon cashback, ShopBack Play, shipping rebates, quests, and auto-applied coupons.
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