Reporting and analysis on retail, e-commerce, and consumer trends in Singapore, updated continuously by our newsroom.
Apple is expanding its retail store globally pretty rapidly, as the company has now announced opening of its first retail store in Singapore. Apple’s this store is reportedly going to open sometime in 2016. We first got this news last month, when it was…
Kingsmen Creatives’ net profit fell 83.6 per cent in third quarter as the retail and corporate interiors business slowed for the maker of physical displays. Kingsmen posted earnings of S$566,000, or 0.29 Singapore cent per share, for the three months ended…
Singapore banks must now innovate in this challenging environment where economic growth is uncertain, and disruptive forces are now at play, said Prime Minister Lee Hsien Loong on Thursday. “Our banks are in a strong position,” said PM Lee at UOB’s 80th…
Within a short span of two weeks, two well-known Singapore fashion labels made the news for calling it quits. One is doing so for greener pastures – Jo Soh of whimsical women’s-wear label Hansel is folding her 12-year-old brand for better opportunities and…
Courts Asia’s strategy of spreading its interests into neighbouring countries is paying off already. The company has today announced a 253 per cent quarterly increase in profit to S$6 million and a 77.8 per cent rise to S$12.1 million for the first half year.…
Today’s warehouse managers face many challenges, not the least of which are meeting higher service levels and operational cost constraints. In this environment, it’s more important than ever that managers spend time on the floor, managing associates to drive…
The Singapore government is backing a push to urge shoppers to use self-service technology more in a campaign titled “We Are InDIYpendent”. Several supermarket chains, including the nation’s largest – NTUC FairPrice – have swung behind the initiative which…
Dufry Asia sees huge growth opportunities in the Asia region despite the current softness in the Hong Kong, Macau and Singapore markets. In an interview with TRBusiness the CEO of Dufry Group, Julian Diaz, said the company plans to double its sales in Asia…
Singapore-founded fashion retailer M)phosis is reportedly closing all its Southeast Asian stores due to financial challenges. The Straits Times has reported the chain is in the process of closing remaining stores in Vietnam, Malaysia, the Philippines and…
DBS Bank and POSB customers will be able to withdraw up to S$200 with any purchase at all Cold Storage, Market Place, Jasons and Giant stores in Singapore, the local bank announced on Thursday (Nov 5). Customers can use the complimentary service with a DBS or…
Best Denki Singapore, the Japanese electronics retailer, plans to open two more stores in the city next year. Hanasaki Kenji, president and head of Asean region with Best Denki, told the Straits Times newspaper he is unfazed by the downturn in the local…
Christian Pillsbury has left DFS Group where he headed up DFS Group’s international wine business in Hong Kong to join Coravin Inc., the maker of Coravin Wine Systems as Director of Sales, Asia Pacific with immediate effect. According to a statement by…
Canon, the global leader in photographic and digital imaging solutions, today announced the company’s official move to Galaxis, a Platinum Green Mark Building located in One North. Showcasing state-of-the-art facilities and powered by Canon office solutions,…
The Asia Pacific region is experiencing a slowdown in the luxury retail sector, but new emerging trends are set to provide the retail sector with a solid new stimulus for demand in the coming years, according to the CBRE’s special report, ‘The Future of…
Rather, the unique construction that won the top architecture gong at this year’s World Architecture Festival in Singapore is actually a cluster of 31 unit blocks named The Interlace — because the towers do just that. The creative minds behind The Interlace,…
Scam-struck Hong Kong biscuit maker Jenny Bakery has opened in Singapore. And unlike the Shanghai store which opened last week, it’s the real deal, not a copycat. The new Jenny Bakery Singapore store is located at Block 422 Ang Mo Kio Avenue 3. Like its real…
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