A new player in Singapore’s online grocery market – honestbee – is set to bring a unique approach and ramp up the competition. Jonathan Low, co-founder of the new concept, describes honestbee as “an Instacart-like service which assigns a freelance runner to…
A firm focus on serving the booming eCommerce market has helped Singapore’s national postal service achieve a record first quarter profit. SingPost on Wednesday says in made S$46.6 million net profit in the first three months as its eCommerce strategy paid…
Prices and rentals of retail space both dipped by 0.5 per cent in the second quarter of this year, according to data from the Urban Redevelopment Authority on Friday. It was the second straight quarter of rental decline and comparable to the level seen early…
For those of you who are shopping online regularly, Qoo10.sg might be a familiar name. According to Alexa, a website ranking company, Qoo10.sg is the second most popular e-commerce site in Singapore, behind only U.S. online retail giant Amazon.com. Qoo10 is a…
Singapore’s plan to launch a savings bond to encourage long-term retail savings is unsettling domestic banks and economists who fear this bond will push interest rates up and suck cash out from an already anaemic economy. The new bond, which will begin…
Fast-growing Hong Kong-based online fashion business Grana has opened a pop up store in Singapore. The Grana Singapore pop up is its second – and this one is located in the heart of the city’s retail zone, on Orchard Rd. Grana is the creation of Australian…
Luxury brand Louis Vuitton has successfully sued a Singapore retailer for selling imitations of its goods. The High Court in Singapore ordered Cuffz, a retailer located in Raffles City shopping centre, to pay Louis Vuitton $35,000 in statutory damages for…
The Changi Airport Group (CAG) has received its first expressions of interest from ‘established travel retail companies as well as popular international and local brands’ interested in concessions at its new 195,000sq m Terminal 4, which is due to open in…
Singapore based lifestyle products retailer Osim says trade across all its core markets were soft in the last three months. “This has been another challenging quarter,” the company said, declaring sales of SG$159 million and a profit of $29 million. “Despite…
The world’s oldest toy store is now open in Singapore. Hamleys is now trading in Plaza Singapura on the city state’s prime shopping strip Orchard Rd. Occupying 12,000 sqft across two floors of Plaza Singapura, the Hamleys store boasts prominent street…
Macao’s gambling downturn may be impacting on casino operators’ bottom lines – but retailing is on the rise. Las Vegas Sands, which owns The Venetian Macao, Four Seasons Macao and Sands Cotai Central shopping malls in Macau – and the Marina Bay Sands in…
FRHI Hotels & Resorts, the leading operator of Raffles Hotels & Resorts, Fairmont Hotels & Resorts and Swissôtel Hotels & Resorts, is pleased to announce several management-level appointments at its properties and locations worldwide. Recent appointments…
Construction of a new lifestyle hub at the Nanyang Technological University (NTU) in Jurong West is now in its final phases. When ready, it will feature a supermarket, a salon, banking options, performance spaces and popular eateries, including a well-known…
Whether you want to admit it or not, bumping into someone wearing the same outfit you’re wearing can be awkward. (We may laugh it off, but deep down inside, we are wishing it doesn’t happen again.) Thankfully, as part of the Uniqlo Street Tales initiative,…
International furniture designer, manufacturer and retailer, King Living has opened a showroom in Singapore. The Australian based, family-owned company, founded in 1977, focuses on contemporary furniture design, especially sofas and King Living says it plans…
Singapore Designer Collective has opened a pop up store at Singapore Changi Airport to showcase local design. The 21 sqm Keepers store, in Changi Airport’s Terminal 1 departure hall, features works from 11 Singapore designers and will remain open until…
Retail Academy: Singapore
Free background guides on how retail works in this market.
High spending power, almost no domestic scale, and the region's default location for a first ASEAN office. What Singapore is actually good for, and what it i…
Who the landlords are, how leases are structured, what drives rent, and how to choose a location in Singapore.
Asia Market Guides · 8 min read
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