Retail
Sheng Siong recovery looms as same store sales rebound
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.
This reverse auction app lets you buy items at the lowest bid
Doropu has sold 35,000 products in Singapore and Malaysia to date.
Retail rentals down 1.5% in Q2: URA
However, the prices of retail spaces increased by 0.4%.
Love, Bonito to open largest physical store in Funan
The shop will have instagrammable spots, an express e-commerce counter, and on-demand stylists.
Tepid growth ahead for Sheng Siong stores as consumer spending weakens
The contribution of same-store-sales to earnings is expected to hit only 0.5% in 2019-2020.
Retail sales shrink for fourth straight month in May
Sales fell 2.2% with motor vehicles leading the decline.
Can retail underdogs take a bigger bite of Singapore's online grocery pie?
Despite only holding less than 7% grocery market share in 2017, RedMart and FairPrice will dominate the market in few years time.
Online grocery market in Asia to skyrocket 198% to US$295b by 2023
South Korea, Japan, and China are poised to have the most established online grocery market.
eBay to bridge more SMEs to 179 million-strong buyer base
It partnered with the Singapore Institute of Retail Studies to train SMEs in cross-border trade.
Revamped Funan kicks off
It will bank on experiential offering such as an urban farm and a futsal facility to drive footfall.
Chart of the Day: How much are Singaporeans willing to spend on shopping?
They spend $624 on average for in-store travel-related transactions.
Retail REITs stage turnaround
The threat from online shopping has eased as the share of e-commerce in total retail sales slowed to 5.4%.
FJ Benjamin Holdings gets 12-month extension to exit SGX watchlist
After booking pre-tax losses for three straight years, the retailer bounced back with $939,000 profit in FY2018/2019.
Here's why more than half of Singaporeans still prefer in-store shopping
They want to make sure they could test the product first, a study found.
TT International records three consecutive years of losses
It is at risk of being placed under the SGX-ST’s watchlist.
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