In Focus
Retail recovery unlikely for Malaysia in 2021
Retail recovery unlikely for Malaysia in 2021
The country’s consumer spending is tipped to exceed pre-pandemic levels by 2022.
Retail vacancy in Guangzhou shrinks despite rising market sentiments
F&B businesses enjoyed a rapid recovery in Q3.
Anxious consumers to hold back APAC retail spending
Two in three respondents still continue to work from home and are more heavily online.
E-commerce pushes SG REITs to rethink retail
Online shopping boom forces landlords to recalibrate tenant mix, incorporate digital channels.
Surge in online grocery shopping boosts India’s e-commerce market
Traditional grocers have yet to gain footing in the online space due to large investment needed.
Dark stores take off amongst India’s online grocers
The instant delivery model it enables offers huge customer convenience.
Convenience shopping centres on the rise in Greater Melbourne
This, along with rising investor demand for shopping centres.
Maintaining O+O presence key for Hong Kong retailers’ operations
Offline-plus-online will help attract more consumers whilst travel is still restricted.
UNIQLO Malaysia and Singapore hinges on digitalisation for improved shopping experience
It implemented the "price tag scanner" and the same day Click & Collect service.
Rising customers from smaller towns boost India e-retail market
Social commerce could potentially democratise e-retail in smaller towns.
Asia Pacific and Australasia to lead e-commerce charge in 2025
Euromonitor expects e-commerce growth to continue even after the pandemic subsides.
Stable mall supply volume to keep Chengdu’s vacancy rate falling
Renewal and upgrade will be the main focus of malls in traditional urban areas.
Apparel resale gains greater traction amongst APAC consumers
At least a tenth of shoppers is buying second-hand apparel more than usual.
Delta variant threatens retail sales growth potential in China
Consumer confidence will not take a hit, but offline stores might become less attractive.
Shenzhen’s prime retail property enjoys growing leasing demand
Two new shopping centres, with a GFA of 555,000 sqm, are scheduled for debut.
Taiwan to enjoy retail recovery by end-2021
Not even the spike in COVID-19 cases in May tempered consumer confidence.
Philippines to achieve retail recovery by 2022
Household spending is expected to remain behind pre-pandemic levels for 2021.