Retail
FCT to buy Northpoint City South Wing for $1.17b
FCT to buy Northpoint City South Wing for $1.17b
It is buying all units owned by FCL Amber and Bright Bloom Capital.
Consumer Price Index up 0.9% in February
Food, transport, and health prices all increased during the month.
Gov’t launches scheme to support local heritage businesses
The scheme will be piloted from 20 March to 18 May.
Blind boxes may hold pleasant surprise for non-toy retailers
Fashion and beauty products can also benefit from the ‘mystery.’
DFI Retail reports $326.58m loss for full year 2024
The group attributed it to divestments and impairments in the year.
Good Farmer launches new grocery shopping website
It offers a 15% discount on customers’ first online order.
F&B sales up 10.4% in January
It was driven by the Chinese New Year.
Grab acquires Malaysia'sEverrise supermarkets to expand grocery business
The deal value has not been disclosed.
Sea Limited net profit nearly triples to $599.8m in 2024
Revenue also rose 28.8% YoY.
Creative Technology CEO announces retirement
The group’s executive chairman will take over as interim CEO.
Sheng Siong profit inches up 2.6% in FY2024
Revenue also increased 4.5% YoY.
Understanding legal requirements key for jewellery sales in Singapore: analyst
Before entering Singapore's jewellery retail market, businesses must choose an appropriate business structure.
Parkson Retail’s net profit falls 4.3% in FY2024
The company’s revenue also decreased YoY by 3.1% to $214.8m.
Retail vacancy rate falls to 10-year low with strong demand in 2024
Demand may rise with tourist arrivals in 2025 but could be offset by outbound travel.
OSIM boosts business transparency following CCCS flags
OSIM was flagged for lack of product disclosure and misleading product information and prices.
Taka Jewellery’s profit grows 22% YoY in H1 2025
This was due to an increase in all the group’s business segments.
Singapore retail sector poised for 2025 rebound amidst new attractions
In December 2024, retail sales declined by 1.5% MoM seasonally adjusted after a 2.8% drop in November.
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