Retail
E-commerce startup ShopBack clinches US$45m funding from Rakuten and EDBI
The proceeds will be used to enhance data capabilities and fuel expansion plans.
E-commerce startup ShopBack clinches US$45m funding from Rakuten and EDBI
The proceeds will be used to enhance data capabilities and fuel expansion plans.
Little India marketplace Dei debuts in Singapore
It hosts 70 Singapore-based Indian retailers and 15,000 products.
How can Singaporean retailers navigate today's omnichannel landscape
The retail landscape in Singapore has faced a slump during the festive season in 2018, and analysts are predicting a challenging year ahead. Retailers...
Who should Singapore's luxury brands be targeting in 2019 and beyond?
If there is one name that luxury brands in Singapore (and Asia) need to pay attention to this year, it’s the name “HENRY”. No, HENRY isn’t the name of...
NTUC FairPrice fires first salvo in supermarket war
Its price freeze of 100 FairPrice housebrand products until 30 Jun 2020 kicked off a price competition amongst housebrands.
NTUC FairPrice vs. Sheng Siong: which is cheaper?
A recent survey looked at which supermarkets offered the best deals, and the results may surprise you.
e-commerce firm Shopmatic merges with retail manager Octopus
The combined entity will reportedly acquire 500,000 customers, generate $10m in revenue in 2019.
Alibaba's Taobao debuts Jiyoujia home and living brand in Singapore
Taobao’s NomadX store will feature furniture items from the platform and recommendations via digital showcases.
Sheng Siong's new-store strategy may fall flat as consumer sentiment sours: analyst
It opened 10 new stores in 2018, the highest figure since 2012.
CapitaLand's Tampines Mall could face rental pressures from upcoming Jewel Changi
Jewel’s opening on April could lead to shopper traffic being diverted from other malls in the eastern region.
Retail sales rose 7.6% to $4.2b in January
It was buoyed by the 20% increase in motor vehicle sales.
P&G forms new unit to foster billion-dollar business opportunities with a $12m investment
It partnered with EDB who will participate in the strategy, network and risk-sharing capital of the firm.
Chart of the Day: Retail pipeline supply to taper off in 2020-2022
The 1.9m sqft of new retail space that will come online in 2019 will mark a peak.
Are retail rents bottoming out?
Rents fell 1% in 2018, marking a slowdown from the 4.7% and 8.3% declines for 2017 and 2016.
Sheng Siong's FY2018 profits inched up 1.4% to $70.79m
The strong performance was attributed to its 10 new stores.
The top trends set to shape grocery in Singapore in 2019
Online and social shopping, plus health and freshness, are amongst the top five trends set to influence Singapore’s grocery retail market over the...
Chart of the Day: Average gross rents for prime retail space in Orchard Road edged up 1.5% to $37.80 psf in 2018
This was generally supported by healthy occupancy rates of above 94%.
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