Reporting and analysis on retail, e-commerce, and consumer trends in Singapore, updated continuously by our newsroom.
Singapore’s largest supermarket chain NTUC FairPrice has opened a supermarket designed to make it easier for shoppers with disabilities or ageing. Dubbed an ‘Enabled Store’, its staff undergo special training to better serve customers. The Enabled Store is…
Hong Kong luxury fashion retailer Moiselle has revealed a raft of innovative strategies to restore flagging sales. Hit by a $31.9 million loss for the first half of the trading year due to declining spending by Mainland Chinese tourists, Moiselle is…
Modern Beauty Salon Holdings has reported an 87.4 per cent plunge in first half profits as consumers restrain their discretionary spending. Modern Beauty runs 42 service centres in Mainland China, Hong Kong and Taiwan, 16 in Singapore and three in Malaysia.…
The Association of Banks in Singapore on Tuesday (1 December) warned consumers of a new malware that has been targeting mobile banking customers using Android smartphones. In a press briefing, ABS director Ong-Ang Ai Boon said that since September “about 50”…
Hong Kong headquartered watch retailer City Chain plans to close more stores as sales slid 12.1 per cent and profits crashed by 86.4 per cent in the first half year to just HK$15.7 million. Parent Stelux says turnover was “sluggish” in Hong Kong, Macau and…
Food and beverage has overtaken fashion as the primary driver of demand for retail real estate in Singapore. In its Third Quarter Retail Index covering Asia-Pacific, property company Jones Lang LaSalle says that despite declining retail sales and consumer…
Singapore has stated its interest to invest in the pharmacy industry worth US$15 million. “Singapore will use the three-hour service facility system in arranging the permit of its plan to make investment in the pharmacy sector,” Chief of Investment…
The recently opened cafe inside the Muji Singapore store on Orchard Rd has had a huge impact on the store’s overall trading. In an extensive feature written by the Straits Times and published online by Asia One, which details the trend of merging dining with…
foodpanda is promising to drastically reduce delivery time in Singapore to 30 minutes. This, it said, will be achieved by its own fleet of over 500 couriers, along with advanced delivery technology. “foodpanda’s service is all about delivering the most…
Singapore is projected to experience a mild deflation of -0.5% for 2015, according to a forecast adjustment made by Maybank Kim Eng. The tweak in its estimate is still within its earlier forecast range of between -0.5% and 0%, the research house writes in a…
Hit by falling sales in the tourist downturn, Hong Kong beauty retailer Sa Sa plans new store concepts and diversification to restore growth. Reporting a 10.6 per cent decline in sales to HK$3.778 billion in the first half of the current year, and a 55 per…
Singapore based online grocery service provider RedMart has launched an on-demand marketplace, RedMart Relay, which will allow customers to order products from participating food and retail partners, in selected parts of Singapore. These products, including…
Bank customers in Singapore have been warned of a rise in malware infections on Android phones that seek to hijack online passwords and one-time security codes. The warning, from the Association of Banks in Singapore (ABS), says the infections appear as a…
Singapore’s economy grew at a much faster clip in the third quarter than initially estimated, as an influx of visitors boosted the hospitality and retail sectors. The economy grew by 1.9 percent on-quarter between in the September quarter, compared with a 2.5…
Never mind that Singapore is renowned globally as a shopping destination. Singaporeans want to shop elsewhere. A survey by insurance company AIG conducted back in April found 36 per cent of the 1205 polled go on holiday solely to shop. When they take a…
Quirky UK fashion and lifestyle label Ted Baker has announced a 20.5 per cent rise in group revenue for its third quarter to 14 November. Celebrating an 18.1 per cent rise in retail sales at constant rates, these results were helped by the addition of more…
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