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Singapore Retail News

Reporting and analysis on retail, e-commerce, and consumer trends in Singapore, updated continuously by our newsroom.

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28 Oct 2016

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Latest Singapore retail stories

milk
Wei ZhangFood

Emmi milk plans Asian expansion through Amazon

Emmi, a Swiss milk processor and dairy products company headquartered in Lucerne, plans to expand its Asian sales through a strategic partnership with internet giant Amazon. Emmi has been relatively uninvolved in Asia, with only a turnover of around CHF 20…

jurong point
Sarah ChenReal Estate

Jurong Point put on market with over S$2b price tag

biggest suburban shopping centre, Jurong Point, has been put up for sale with a price tag exceeding S$2 billion. This works out to more than S$3,000 per square foot based on the commercial net lettable area of about 658,000 sq ft that is being offered for…

DFS Wines Spirits assortment
Rajiv MenonLiving

These could be the world’s fanciest duty-free stores

Airport travelers shuffling between security checks and their boarding gate often grab duty-free perfume or a cut-price bottle of spirits before an international flight. But that’s far from the reality of some passengers at Singapore’s Changi Airport, who in…

StarhubLtd100316 0
Sarah ChenTelecom

DDoS attacks caused StarHub broadband outages

Singapore’s StarHub has blamed DDoS attacks originating from its customers’ own infected devices for two broadband outages over the past few days. At a press conference yesterday, StarHub announced the latest findings of an investigation into the outages on…

orchard road
Rajiv MenonReal Estate

Singapore retail sector’s weakness continues in 3Q

Prime retail rents fell faster in Q3 Orchard rents fell 0.9% to $39.86 per sq ft. Leasing activity slowed and the rental decline quickened in Q3 2016 due to continued headwinds from poor overall retail sales and online competition. Based on rental records…

hongkong cosmetics
Minjun ParkFashion

Sa Sa profit drop looms

Sa Sa profit is expected to fall 35 to 45 per cent for the six months ended September 30. The Hong Kong-based cosmetics retailer has issued a profit warning, citing a drop in both sales and gross profit margin of its Hong Kong and Macau business, weaknesses…

tokyu hands
Minjun ParkLiving

Tokyu Hands opening third Singapore store

Japanese department store Tokyu Hands plans to boost its overseas sales, which now contribute 1 per cent of overall sales. Overseas income for its latest year totalled about 800 million yen (US$7.69 million). A third store is opening next month in Singapore,…

cheese tart
Minjun ParkFood

Hokkaido Baked Cheese Tart heads to Australia

Food enterprise ST Group has launched Japanese-style Hokkaido Baked Cheese Tart outlets in Australia. Using a traditional recipe involving three cheeses from Japan’s dairy heartland of Hokkaido, the tarts have already been introduced in Brunei, Indonesia,…

telco singapore
Sarah ChenElectronics

Can’t do without your mobile device? You’re not alone

Market research agency Nielsen on Monday says that some 54% of Singaporeans cannot imagine life without their mobile devices and 48% feel anxious without them. In addition, Nielsen found that 73% of Singaporeans enjoyed the freedom of being connected…

Aruba Conference
Maria SantosTelecom

Aruba rethinks network procurement with NaaS

At the Aruba APAC Atmosphere 2016 conference held late last month in Singapore, Aruba Networks President Dominic Orr announced the launch of network-as-a-service, which supports the delivery of the company’s new Mobile First Platform. Core applications for…

image
Aiko TanakaFashion

ZALORA Brings See Now, Buy Now Model to Singapore Fashion Week

ZALORA, Asia’s online fashion destination, today announced its partnership with Singapore Fashion Week as the Official E-Tail Partner. This is the second time the online fashion brand is taking part in one of the region’s biggest fashion events of the year.…

pizza
Rajiv MenonFood

Laziz Pizza to fast-track growth with 100 new stores

Overwhelmed by response to its first 50 stores across India, local brand Laziz Pizza plans to double its outlets in the short term. Owned by Laziz Food and Beverages, the chain is primarily targeting tier-one, -two and -three cities. Founder/CEO Keirron Patil…

singapore mall
Wei ZhangReal Estate

Singapore, Manila rise in retail rent rankings

The data may be a little dated, but Asian cities are holding their own in the retail rent rankings. New York’s Fifth Avenue still tops the list with an average rent of US$3500 per sqft per year. Hong Kong’s Causeway Bay is cemented in second place at $2399…

mobile business
Maria SantosE-Tailing

Apple, Deloitte enter mobile business tie-up

Apple and Deloitte has entered into a partnership to help companies transform the way they work by taking advantage of the iOS platform. As part of the joint effort, Deloitte is creating a first-of-its-kind Apple practice with over 5,000 strategic advisors…

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