Retail

The Shoppes at Marina Bay Sands racked in $242.09m in 2018

Its retail tenant sales also jumped 19% YoY to $2,566.95.

Singapore's crowded retail arena bears down on online players

Online retailers still struggle to gain market share, as shown by Redmart's consolidation into Lazada and honestbee's severed ties with NTUC Fairprice...

Singapore e-commerce market to balloon 48% to $9.98b by 2022

Mobile will lead the way as desktop loses steam.

Grab partners with CapitaLand for loyalty programme tie-up

Users’ GrabReward points can be converted into STAR$ and exchanged for CapitaVouchers.

Retail sales slipped 3% YoY to $3.8b in November

Online retail sales made up an estimated 6.6% of the month's sales.

Carousell offers in-app vehicle insurance in AXA tie-up

App users will be able to purchase insurance plans in under five minutes.

Chart of the Day: Grocery sales down 1% YTD in September

They are holding their ground against the e-commerce threat.

Lazada Group appoints Pierre Poignant as CEO

He will succeed Lucy Peng who will remain as the Group’s executive chairwoman.

Retail sales up 0.1% to $3.7b in October

Petrol service stations sales grew the largest at 11.4%.

Singapore malls pin hopes on fitness spaces to battle declining footfall

The upcoming Funan Mall will allow indoor cycling in its Level 1 through amenities paired with end-of-trip facilities such as cafés and shower...

Developers: Singapore retailers' secret weapon for the holiday season

As savvy shoppers look to the internet for their deals, the last quarter of the year is increasingly a crucial period for online retailers in...

Should incumbent malls be threatened by Jewel Changi and Funan in 2019?

They have proven their strength as pre-commitment levels for Jewel Changi and Funan have hit 90% and 70%, respectively.

APAC's mobile payment usage climbs 30% in 2018

Consumers in China and India are more likely to reach for their phones to shop and pay.

Chart of the Day: Small malls hit by negative rental reversions in 9M

Retailers had trouble luring traffic amidst limited tenants.

Retail REIT recovery drags on amidst sluggish sales and traffic

Shopper traffic moved in the range of -2% to 3% whilst tenant sales settled between -3% to 3% in 9M.