Retail

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.

Creative Technology CEO announces retirement

The group’s executive chairman will take over as interim CEO.

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.

Retail sales fall 2.9% YoY in December

The total retail sales value for December was estimated at $4.6b, with 13.4% of sales coming from online transactions.

Singapore’s in-store cafés may soon reach their limit

If every retailer has its own café, it becomes just part of the crowd.

Strong supermarket outlook driven by positive retail consumption trends

The segment is growing driven by cost efficiencies and new outlets.