Retail

How Singapore's second billion-dollar startup is revolutionising retail

Trax offers real-time product tracking services and counts Coca-Cola and Nestle amongst its clients.

How Singapore's second billion-dollar startup is revolutionising retail

Trax offers real-time product tracking services and counts Coca-Cola and Nestle amongst its clients.

CCCS sets out price transparency guidelines

It will require suppliers to include mandatory fees in the headline price.

Chart of the Day: Rental gap between suburbs and central narrows in Q2

From around 11.3% in Q1 2015, the gap has narrowed to roughly 1.9% in Q2 2019.

Retail sales rebounded 2.6% in July after two-month decline

Auto sales jumped 23.7% compared to last month.

Chart of the Day: Orchard Road ground-floor rents fell 1.5% to $40.6 psf in H1

The rental decline came as several brands downsized their businesses. This chart from Colliers International show that ground-floor rents on Orchard...

Retail space supply to drop sharply after 2019

The total amount of future private retail supply from 2020-2022 is estimated at 0.39 million sqft.

New hawker stallholders to pay lower rents

New stallholders will also enjoy a 10% rental remission until February 2020.

Singapore nabs sixth top Swiss watch export destination in July

The nation saw double-digit growth compared to the 0.7% growth in 2018.

Shopee rises as most downloaded shopping app in Q2

It had 2.8 million monthly average visitors.

Best World International profits leapt 193% to $26.75m in Q2

Revenue from the franchise segment resulted in a 78% increase in the profit margin.

Sheng Siong recovery looms as same store sales rebound

Same-store sales are expected to bounce back 0.5% after a 0.6% decline in H1.

Retail sales down 8.9% to $3.5b in June

Motor vehicles industry sales led the decline.

Dairy Farm profits up 0.2% to $244.86m in H1

Revenue was affected by the deconsolidation of Rustan’s in Q4.

This reverse auction app lets you buy items at the lowest bid

Doropu has sold 35,000 products in Singapore and Malaysia to date.

Retail rentals down 1.5% in Q2: URA

However, the prices of retail spaces increased by 0.4%.

Love, Bonito to open largest physical store in Funan

The shop will have instagrammable spots, an express e-commerce counter, and on-demand stylists.