Reporting and analysis on retail, e-commerce, and consumer trends in Singapore, updated continuously by our newsroom.
Despite a slower economic outlook, more than a third (38%) of online adults in Singapore interviewed in a 2016 study by PayPal say they will be spending more online this year, largely due to the convenience it brings. Notably, another 78% who predicated an…
One in four Crocs stores will be closed globally as the maker of the world’s ugliest shoes plots a survival plan. The store cull was announced along with another quarterly loss: the shoemaker finished its last three months US$44.4 million in the red, albeit a…
Hong Kong-headquartered multi-format retailer Dairy Farm International has celebrated its 130th anniversary with a strong set of results, with food, home furnishings and restaurants delivering higher profits. Total sales, including those of associates and…
Café Asia 2017, International Coffee & Tea Expo (ICT Expo) 2017 and Sweets & Bakes Asia 2017 captivated some 11,000 visitors with a multi-sensorial showcase of ‘Firsts’. The concurrent shows were declared opened by Guest-of-Honour, Mr Lee Yi Shyan, Member of…
Shopping for customised electricity plans has been an option for businesses in Singapore for the past year or so, but not many have decided to make the switch away from public power utility SP Services. As at the end of the third quarter of last year, only…
Rising vacancies and plunging rentals in shopping malls may be a headache for landlords, but it is not all bad news for retailers who have taken advantage of lower rentals to snag prime locations for their flagship stores. More than 10 flagship stores were…
In just over a year, clothing retailer Hang Ten has closed more than a third of its stores. The 12 outlets, in suburban malls, had been bleeding money. Consumers were spending less but Hang Ten’s landlords were still charging high rents, said its general…
Turning your Singapore Airlines KrisFlyer miles into a business class seat and first class suite will require more miles from this month, with the Singaporean flag-carrier boosting the cost of Saver-category award flights out of Australia. The 15% discount…
About 2.89 million Indonesians visited Singapore throughout 2016, the biggest contribution of tourists to the city state, about 17.7 percent of the country’s 16.4 million total foreign tourist arrivals, according to a statement released by Singapore Tourism…
The Singapore online grocery market is set to more than triple in size over the next three years, according to research house IGD. The global organisation expects sales will rise from the current S$130 million (US$91 million) to S$500 million (US$350 million)…
Japanese cosmetics brand Do-Best is looking at opportunities in the Philippines and broader Southeast Asian markets, including Indonesia. Do-Best CEO Daitaro Sugawara was in the Philippines for a group networking session organised by Security Bank and Japan’s…
Singapore listed Yoma Strategic Holdings Ltd has partnered with Germany’s METRO GROUP, the international wholesale and food retail company is to establish an integrated wholesale distribution platform in Myanmar, the company announced on February 24. A new…
BT is linking up the world’s five main foreign exchange locations to help boost the competitiveness of its global financial industry customers. The company is now offering BT Radianz FX express, which provides dedicated high-speed links between financial hubs…
Singapore Airlines (SIA) is among five international airlines that fly into Europe that have been told to pay passengers for delays they may have experienced. The UK Civil Aviation Authority (CAA) said in its press release on Wednesday (Feb 22) that American…
Visitors to the Café Asia 2017, International Coffee & Tea Industry Expo (ICT) 2017 and Sweets & Bakes Asia 2017 will witness several ‘firsts’ at the 5th edition of the international coffee show and 4th edition of the annual gathering of bakers here,…
Overall revenue fell 11 per cent for apparel retailer Bossini International during the first half of its financial year. However, its interim results to December 31, showed an improvement in gross margin – by four points to 51 per cent, attributed to more…
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