Retail
Chart of the day: Retail and F&B sectors recovers in Q1
F&B, however, weakened in February and March.
Chart of the day: Retail and F&B sectors recovers in Q1
F&B, however, weakened in February and March.
Chart of the day: 63% of Singaporeans prefer convenience stores to be unmanned
9 out of 10 Singaporeans want some retail stores to be unmanned.
Around 1 in 2 consumers are more inclined to visit unmanned stores
Unmanned stores are deemed safer due to contactless protocols.
Chart of the day: 67% of Singaporeans want ‘endless aisle’ option
Yet only 1 in 3 retailers offer this option.
4 in 10 business leaders diversify supply chain sources
The pandemic exposed weaknesses in the lean ‘just-in-time’ model, KPMG said.
Chart of the day: 42% of S’poreans willing to have their shopping data stored
However, this is only if retailers can give assurance on security and privacy.
Coty launches first-ever Chloé Fragrances e-commerce store
The digital store opening is in partnership with Lazada.
Domestic wholesales jump 5.1% QoQ in Q1
The increase was buoyed by expansions in several industries.
Sasseur REIT posts record-high Q1 distributable income of $24.7m
The Q1 distributable income translates to a 3.6% YoY higher DPU of $0.01822.
Retail to see improved footfall and tenant sales in H2 2022: analyst
In Q1, prime rents in commercial areas edged up by at least 0.4% QoQ.
Retail sales to expand by 6.0% in 2022: forecast
Domestic retail environment to be supported by further border reopening.
F&B sales up 4.7% YoY in March 2022
Total sales value was estimated at $806m.
Retail sales jump 8.7% YoY in March
The increase was driven by larger growth in mutiple industries.
Sheng Siong’s net profit up by 13.9% YoY in Q1
The group’s revenue also increased by 6% in the first quarter of 2022.
Prime retail rents to rise between 2%-4% in 2022
The expected growth is on the back of easing of restrictions.
CapitaLand Investment launches 2 initiatives under CapitaStar programme
One of the initiatives is geared at driving in-store shopping at CapitaLand properties.
Singapore Retailers Association elects Ernie Koh as new president
He will take over R Dhinakaran, who sat for three consecutive terms since 2016.
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