Retail
Dairy Farm to buy 18.25% stake in top Philippine retailer for $681.93m
Dairy Farm to buy 18.25% stake in top Philippine retailer for $681.93m
This will add over 1,700 stores under the company’s ownership.
FJ Benjamin to integrate brick-and-mortar and online stores
It formed an Omnichannel Advisory Board that will facilitate the integration.
FairPrice and Grab unveil rewards subscription programme
Members can get a 5% rebate on grocery purchases and 20% discount on Grab rides.
Chart of the Day: Island-wide retail vacancy level down to 7.4% in Q4
This was supported by the decline in vacancy levels in the central and suburban areas.
Retail sales dropped 8.4% in January
Total retail sales value also dropped 9.3% from $4.3b to $3.9b.
Mobile-social madness: How retailers can target millennial shoppers in Singapore
With a high rate of mobile penetration and the proliferation of e-commerce sites in Singapore, more and more millennials are buying online. According...
Prime retail rents to stagnate at $35 psf
Structural headwinds from e-commerce are blamed for retailers woes.
Sheng Siong profits climbed 11.4% to $69.79m in 2017
The opening of its new stores contributed the most to its revenue of $829.88m.
Here's how retailers can tap Singapore's wealthier customers
Consumers are expected to spend $30.8b on recreation in 2018-2022.
Shopping advertisers reach customers the fastest
Their on-target success hit 89%.
Superble incentivises the exchange of product reviews
It helps consumers make the right purchasing decisions.
Companies knock on Singapore to break into Southeast Asia
Firms like Amazon and Don Quijote are building regional bases in the country.
Retail sales up by 4.6% to $4.3b in December
It is pushed by sales growth on motor vehicles and computers.
Suntec City to install Alipay in 350 retail stores
The two inked a two-year partnership.
The worst is over for SingPost's e-commerce business
Its operating losses narrowed down to $3.8m.
Rock Square to solidify CapitaLand Retail China Trust's growth
CRCT finished the acquisition of 51% of the firm holding the property.
Prime site Chinatown Plaza for sale for $270m
The bidding will close on 15 March 2018 at 12 noon.
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