Retail
Chart of the Day: Small malls hit by negative rental reversions in 9M
Retailers had trouble luring traffic amidst limited tenants.
Chart of the Day: Small malls hit by negative rental reversions in 9M
Retailers had trouble luring traffic amidst limited tenants.
Retail REIT recovery drags on amidst sluggish sales and traffic
Shopper traffic moved in the range of -2% to 3% whilst tenant sales settled between -3% to 3% in 9M.
Retail rents in hyper-expensive Singapore are still cheaper than Hong Kong
Leasing costs are at US$308 psf per year.
Qoo10 to enable package collection at 7-Eleven by end-2018
The service will be initially available at 75 stores.
Retail sales up 1.9% to $3.6b in September
Petrol service stations recorded the highest sales increase at 11.4% due to higher petrol prices.
Online grocers risk losses with new experimental offerings
Riding on global trends, honestbee is launching a mixed grocery and dining space with cashless payment and robotic item collection features.
Singles' Day generates 935% sales growth in Singapore: study
An average Singaporean is willing to spend $293 on that day, a survey showed.
Physical meets digital in CapitaLand's new NomadX store
The 11,000 sqft space will feature physical outlets of online retailers such as Alibaba’s Taobao and Style Theory.
Sheng Siong profits fell 9.4% to $17.84m
Its administrative expenses rose amidst additional headcount for its new stores.
shopper360 clinches advertising agreement for NTUC FairPrice supermarkets
It will provide digital and traditional advertising for 68 supermarkets islandwide.
Singapore's bright private consumption forecast takes hit as inflation picks up
Retail sales are expected to remain weak into 2019.
Supermarkets face fight for survival amidst another store closure
Hypermarket Giant’s outlets in Junction 10 and Jalan Tenteram have already shut down whilst its operation in ViVoCity is set to cease by Q1 2019.
honestbee unveils high-tech grocery and dining space
Shoppers can use cashless checkouts and collect items from robots.
Retail's saving grace: Singapore malls embrace activity-based tenants
Gyms, health centers and virtual reality arcades are estimated to occupy 50% of the island's retail mix.
Grab teams up with O2O platform Fave to boost growth
Consumers in Singapore and Malaysia can use GrabPay to spend on Fave deals.
Take-up rates of Capitaland's Funan Mall hits 70%
Tenants are already flocking to Funan including Golden Village Cineplex, Kopitiam Foodcourt, ABC Cooking Studio and Ark Futsal.
Take-up rates of Capitaland's Funan Mall hits 70%
Tenants are already flocking to Funan including Golden Village Cineplex, Kopitiam Foodcourt, ABC Cooking Studio and Ark Futsal.
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