Retail
Ex-Apple reseller in Singapore to buy hotel-retail business for $400m
The buy is expected to result in its reverse takeover of 2 companies.
Ex-Apple reseller in Singapore to buy hotel-retail business for $400m
The buy is expected to result in its reverse takeover of 2 companies.
Epicentre sold Apple reseller stores in Singapore for $516,275
It was forced to exit the business due to competition from the Orchard retail store.
Setting up a bustling e-commerce marketplace shop in Singapore
China’s e-commerce giant Alibaba ran its first global course in Singapore earlier this year. A highly anticipated event on the retail calendar, more...
Here are two events that will boost Singapore spending
Grocers could expect a kick in sales from snacks and takeaway foods.
Retailers try virtual make-up screens and in-restaurant games to counter online shopping
Watsons Singapore and Sephora Singapore introduced an app that allows consumers to try makeup virtually, whilst bars like Hopheads and Level Up...
Singapore supermarkets' returns leapt 12.3% YTD
They performed defensively amidst global market jitters, SGX noted.
CapitaLand to manage 2 malls in Guangzhou and Chengdu
The property giant now has a retail network of five malls in South China.
Can Qoo10 maintain its dominance in Singapore's e-commerce market?
The company enjoys strong support from SME merchants but Amazon may soon give it a run for its money.
Here's how Amazon and Lazada can beat Qoo10's dominance in the e-commerce market
Qoo10 accounts for more than a third (32.6%) of Singapore’s e-commerce market, beating Amazon which only has a measly 11.5%.
Online grocers struggle to make a mark in Singapore
Sales of the largest online grocers only comprised 0.6% of the total retail sales.
Chart of the Day: Qoo10 beats Amazon and Apple in Singapore's e-commerce market
It ate up 32.6% of market share, compared to Amazon and Apple's 11.5% and 11%.
Chart of the Day: Health and beauty stores buck non-grocery decline trend
Their five-year sales from 2012 to 2017 grew 2.5%.
Chart of the Day: Online retail to snap 10% of total sales by 2022
Food and drink are expected to account for a mere 0.53% of retail sales.
Over 2.8 million sqft of retail space is up for grabs
Expect the completion of the Paya Lebar Quarter Mall, which is already 40% pre-leased.
Stores turn to pop ups to survive amidst exits in the retail sector
Gap, Banana Republic, and American Eagle Outfitters recently shut down their stores in Central, whilst Chanel, MiuMiu and Fendi put up their pop up...
CapitaLand to attach robotic product collector arms to Funan mall
It unveiled its plans that also involve a 24-hour click-and-collect shopping drive-thru.
Sheng Siong opened four new stores in Q1
It has even more potential to open stores as 10 supermarket sites are available this year, an analyst said.