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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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21 Jul 2015

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Latest Singapore retail stories

Marina Bay Sands in the evening   20101120
Rajiv MenonFood

Take Flight at Sky on 57

A brand new entertainment venue has opened in Singapore: Flight at Sky on 57 a new lounge experience atop Marina Bay Sands. The integrated resort has transformed its outdoor terraces into a “contemporary lounge experience” called Flight, making the most of…

greatsingaporesale270515
Sarah ChenGeneral

Tourists spend up at Great Singapore Sale

While this week’s retail sales figures data may have subdued expectations of Singapore’s retail sector, another set of figures just out will do little to change the mood. Spending data from MasterCard suggests the Great Singapore Sale has delivered a…

parkson
Rajiv MenonGeneral

Parkson HK to take over Singapore assets

Malaysia’s Parkson Holdings is to sell a 67.6 per cent stake in its Singapore-listed Parkson Retail Asia Ltd to its Hong Kong listed subsidiary Parkson Retail Group Ltd. The rearrangement of its assets will net it US$167.2 million, according to the financial…

Chinatown in Singapore
Sarah ChenGeneral

Real Singapore retail sales stagnant

Don’t be fooled by mainstream media headlines reporting a rebound in Singapore retail sales. The 6.1 per cent increase headline year on year increase is almost entirely driven by a near 50 per cent surge in motor vehicle sales. Core retail sales rose a modest…

glenfiddich latest maltmaster
Maria SantosFood

Glenfiddich debuts Residence Cask at Changi Airport

Glenfiddich, ‘the world’s most awarded’ single malt Scotch whisky, is partnering with DFS Group, to launch the Glenfiddich Residence Cask Vintage 1992 at DFS Singapore Changi Airport. The Glenfiddich Residence Cask Vintage 1992 edition comprises single cask…

Bedok Mall interior for mall detail page
Rajiv MenonReal Estate

CapitaLand sells Bedok Mall

CapitaLand has sold its 18 month old Bedok Mall in Singapore to a trust. CapitaLand subsidiaries Brilliance Residential and CMA Singapore Investments have entered into a sale and purchase agreement with HSBC Institutional Trust Services, trustee of CapitaLand…

Hamleys 2 tcm87 22201
Sarah ChenLiving

Hamleys Singapore to debut this month

The world’s oldest toy retailer – Hamleys – is to make its Singapore debut this month. Hamleys Singapore will open its first store in the Plaza Singapura extension on July 24 in a partnership with Global Retail Ventures, which also runs Hamleys’ outlets in…

wheelock place landescape by draken413o
Minjun ParkReal Estate

Naiise goes big with largest store opening at Central

Can someone give Naiise’s founder Dennis Tay and his team a trophy? In just two-a-half years, the retailer of Singapore-designed products went from a one-man show operating an online store to opening three physical outlets with a team of 20 employees. To…

jetstar 21
Minjun ParkGeneral

Jetstar Asia celebrates 2.5 mln passengers between KL to Singapore

After launching with one daily service in 2008, Jetstar Asia now operates up to 30 weekly services and continues to enhance the travel experience for thousands of passengers who fly between Singapore and the Malaysian capital each year. Jetstar Asia is…

mothercare
Aiko TanakaE-Tailing

Mothercare takes Peoplevox partnership into Asia

Baby and maternity products retailer Mothercare is implementing warehouse platform Peoplevox in Asia, following initial success with the system in its Irish business. The vendor’s dedicated eCommerce warehouse management system is to be implemented in…

sgfacblg12
Wei ZhangElectronics

Toshiba Expands Retail Manufacturing in Singapore

Toshiba Global Commerce Solutions today announced its continued commitment to Singapore with an expanded manufacturing presence to include the SurePOS 700 series of POS systems. Known for delivering state of the art ODM/OEM products for Fortune 500 companies…

ICBC2
Minjun ParkGeneral

ICBC Singapore launches USD/SGD dual currency card

Industrial and Commercial Bank of China (ICBC) Singapore has launched a US dollar and Singapore dollar dual currency credit card as it seeks to expand its retail banking presence here. The ICBC Visa USD/SGD dual currency credit card will have zero…

orchard road
Aiko TanakaReal Estate

Orchard Rd rents slide gains momentum

Retail rents on Singapore’s prime retalstrip, Orchard Rd, slipped by 1.6 per cent in the latest quarter. But worse is yet to come according to Colliers International in its quarterly review of Singapore retail rents, tipping a full year decline as high as…

Retail Academy: Singapore

Free background guides on how retail works in this market.

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