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…
Cashing In on the demand for Apple’s latest product, the iPhone7, retail giant Courts Asia recently announced that it would offer a competitive one-year service package that covers accidental damage and data recovery and a guaranteed 50 per cent trade-in…
Southeast Asia’s largest economy, Indonesia, is ranked the world’s fifth most-attractive market for retail investment in AT Kearney’s 2016 Global Retail Development Index. In previous years it has ranked in the top 20. It is an exciting time to be investing…
Electronics and furnishings retailer Courts Asia has reported a modest 0.3 per cent increase in profits for the third quarter – against a background of a stagnant domestic market. The company’s sales grew a healthy 6.1 per cent – mostly due to increased sales…
When retail boss Terry O’Connor first joined Courts Singapore, he looked at its first managing director Christopher Wade and felt he could never emulate his record. Yet, he has done just that. Mr Wade is something of a legend around Courts. He was sent here…
Furniture, home appliances and electronics. These are just some must-haves in every home but where’s the best place in Singapore to get them? AsiaOne wants you to tell us where is the best to go. AsiaOne People’s Choice Awards 2016 is constantly seeking to…
Courts Indonesia has opened its second megastore – inside BSD City, about 42 km west of Jakarta. The new store is part of a strategy by Singapore-listed Courts Asia to expand its footprint beyond its core Singapore and Malaysia markets. Billed as the largest…
Electrical goods, information technology and furniture retailer Courts Asia believes that while e-commerce has been gaining popularity, retailers should not neglect their brick-and-mortar operations. The Singapore-based company also sees technology and…
“Indonesia is currently the driver of Courts’ growth. Since we first entered Indonesia in 2014, we now operate two megastores and three regular outlets. We aim to open twelve more outlets by 2018. This is our commitment in catering to the demands of…
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.…
PT Courts Retail Indonesia, a subsidiary of Singaporean retailer Courts Asia Ltd., will open a new megastore in Bumi Serpong Damai (BSD) City, South Tangerang, Banten, in December as part of the company’s Indonesian expansion. Courts Retail Indonesia CEO Roy…
THE bulls and bears of Singapore’s industrial property market often reflect the pace of economic growth and the composition of the manufacturing sector. Since its post-independence days, the manufacturing sector in Singapore has evolved to be a key…
Singapore-headquartered Courts says it will open a second megastore in Indonesia. The new 24,000 sqm store is already under construction on a 2.2 hectare site in Bumi Serpong Damai, southwest of the capital city Jakarta. Courts Indonesia CEO Roy Santoso told…
Strong sales in Malaysia and Indonesia have buffered electronics and furniture retailer Courts Asia from Singapore’s retail downturn. The company has reported a 19 per cent increase in quarterly profit, to S$6 million in the three months to June. “Our…
Singapore-based electronics and homewares retailer Courts has reported a quarterly revenue dip of 16.four per cent in what it describes as a “weak retail surroundings”. The listed firm posted a quarterly revenue of S$6.56 million within the three months to…
Singapore electrical goods and homewares chain Courts is expanding its hardware offer with a concession deal with US brand Ace Hardware. Ace already has standalone stores in Indonesia and the Philippines. Now it will open stores-within-stores in selected…