Retail
CapitaLand to launch e-payment service in 17 malls
It will open its first terminal in Raffles City Singapore on 18 April.
CapitaLand to launch e-payment service in 17 malls
It will open its first terminal in Raffles City Singapore on 18 April.
Daily Briefing: Online fashion marketplace Zilingo raised $54m in series C round; SGX stock nearly plunged to 52-week low
And Broadcom announced that it has completed the move to US from Singapore.
Are supermarkets kicking convenience stores out of Singapore?
Small stores cannot keep up with the market giants’ product variety and prices.
Chart of the Day: Sheng Siong and FairPrice are eating up the supermarket pie
Within five years, Sheng Siong took up 18.9% whilst FairPrice ate up 56% of the market.
Location-based marketing app WhereisWhere connects shoppers to nearby deals and discounts
Shoppers no longer have to wander to find a product they want to buy.
Lazada Singapore to develop e-commerce courses for entrepreneurs
Over 1,000 people are expected to complete the courses between April to December 2018.
Grocery retailers find growth in Punggol and younger estates
RHB Research believes 3.6% of the industry growth came from the newer estates.
Is the worst over for Dairy Farm?
Competition relaxed as Amazon Prime limited its services to paying members.
Dairy Farm to buy 18.25% stake in top Philippine retailer for $681.93m
This will add over 1,700 stores under the company’s ownership.
FJ Benjamin to integrate brick-and-mortar and online stores
It formed an Omnichannel Advisory Board that will facilitate the integration.
FairPrice and Grab unveil rewards subscription programme
Members can get a 5% rebate on grocery purchases and 20% discount on Grab rides.
Chart of the Day: Island-wide retail vacancy level down to 7.4% in Q4
This was supported by the decline in vacancy levels in the central and suburban areas.
Retail sales dropped 8.4% in January
Total retail sales value also dropped 9.3% from $4.3b to $3.9b.
Mobile-social madness: How retailers can target millennial shoppers in Singapore
With a high rate of mobile penetration and the proliferation of e-commerce sites in Singapore, more and more millennials are buying online. According...
Prime retail rents to stagnate at $35 psf
Structural headwinds from e-commerce are blamed for retailers woes.
Sheng Siong profits climbed 11.4% to $69.79m in 2017
The opening of its new stores contributed the most to its revenue of $829.88m.
Here's how retailers can tap Singapore's wealthier customers
Consumers are expected to spend $30.8b on recreation in 2018-2022.
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