Retail
Shopee hit 11 million orders on previous 11.11 sale
Shopee hit 11 million orders on previous 11.11 sale
The e-commerce sector is set to exceed $208b by 2025.
Japanese beauty brand KOSÉ to open store in LazMall
Synagie will facilitate the store’s management and operations.
Retail sales down 1.3% to $3.6b in August
Auto sales saw the steepest decline with a 19.1% crash.
How Singapore's second billion-dollar startup is revolutionising retail
Trax offers real-time product tracking services and counts Coca-Cola and Nestle amongst its clients.
CCCS sets out price transparency guidelines
It will require suppliers to include mandatory fees in the headline price.
Chart of the Day: Rental gap between suburbs and central narrows in Q2
From around 11.3% in Q1 2015, the gap has narrowed to roughly 1.9% in Q2 2019.
Retail sales rebounded 2.6% in July after two-month decline
Auto sales jumped 23.7% compared to last month.
Chart of the Day: Orchard Road ground-floor rents fell 1.5% to $40.6 psf in H1
The rental decline came as several brands downsized their businesses. This chart from Colliers International show that ground-floor rents on Orchard...
Retail space supply to drop sharply after 2019
The total amount of future private retail supply from 2020-2022 is estimated at 0.39 million sqft.
Sports retailer Decathlon to open AR-powered store at The Centrepoint
It will open by early 2020.
New hawker stallholders to pay lower rents
New stallholders will also enjoy a 10% rental remission until February 2020.
Singapore nabs sixth top Swiss watch export destination in July
The nation saw double-digit growth compared to the 0.7% growth in 2018.
Shopee rises as most downloaded shopping app in Q2
It had 2.8 million monthly average visitors.
Best World International profits leapt 193% to $26.75m in Q2
Revenue from the franchise segment resulted in a 78% increase in the profit margin.
Sheng Siong recovery looms as same store sales rebound
Same-store sales are expected to bounce back 0.5% after a 0.6% decline in H1.
Retail sales down 8.9% to $3.5b in June
Motor vehicles industry sales led the decline.
Dairy Farm profits up 0.2% to $244.86m in H1
Revenue was affected by the deconsolidation of Rustan’s in Q4.
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