Retail
Sheng Siong profits fell 9.4% to $17.84m
Sheng Siong profits fell 9.4% to $17.84m
Its administrative expenses rose amidst additional headcount for its new stores.
shopper360 clinches advertising agreement for NTUC FairPrice supermarkets
It will provide digital and traditional advertising for 68 supermarkets islandwide.
Singapore's bright private consumption forecast takes hit as inflation picks up
Retail sales are expected to remain weak into 2019.
Supermarkets face fight for survival amidst another store closure
Hypermarket Giant’s outlets in Junction 10 and Jalan Tenteram have already shut down whilst its operation in ViVoCity is set to cease by Q1 2019.
honestbee unveils high-tech grocery and dining space
Shoppers can use cashless checkouts and collect items from robots.
Retail's saving grace: Singapore malls embrace activity-based tenants
Gyms, health centers and virtual reality arcades are estimated to occupy 50% of the island's retail mix.
Grab teams up with O2O platform Fave to boost growth
Consumers in Singapore and Malaysia can use GrabPay to spend on Fave deals.
Take-up rates of Capitaland's Funan Mall hits 70%
Tenants are already flocking to Funan including Golden Village Cineplex, Kopitiam Foodcourt, ABC Cooking Studio and Ark Futsal.
Take-up rates of Capitaland's Funan Mall hits 70%
Tenants are already flocking to Funan including Golden Village Cineplex, Kopitiam Foodcourt, ABC Cooking Studio and Ark Futsal.
Hypermarket chain Giant to shut down Vivo City outlet in early 2019
The move will follow the closure of Giant’s Junction 10 and Jalan Tenteram outlets this year.
Sheng Siong shies away from aggressive store bids
But it continues to grow its store count with eight more openings by end-FY2018.
TT International's Big Box Singapore proceeds with liquidation
Operations were halted due to constrained cash flow.
Dairy Farm to replace Starhub in STI
The retail firm is scheduled to join the index by 24 September.
Retail marketing startup Shping eyes APAC expansion after raising AU$8.6m in token sale
It will add operations in India and South Korea to its existing Singapore and Australia branches.
Hungry ghost festival good for Sheng Siong sales: analyst
They offer various food and offering packages compared to their rivals.
New Woodlands stores could seal growth for Sheng Siong
Its total store size grew to 477,620 sq ft from 404,000 sq ft in 2017.
Higher spending fails to boost retail rents from protracted slump
E-payments may not be fully taken into account in the sector’s quarterly performance.
Commentary
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