Stores
The Shoppes at Marina Bay Sands to progressively reopen
The Shoppes at Marina Bay Sands to progressively reopen
It will initially be open only to members of Marina Bay Sands’ loyalty programme.
Weekly News Wrap: Virus fears drag China's retail sales; Indians still focused on essentials post-lockdown
And luxury foods in Japan take hit as restaurants struggle.
Malaysia's retail sales down 32.4% in April
Recreational goods and household equipment saw weaker revenues.
Chow Tai Fook's profits down 36.6% to $374.29m
A surge in gold price and weaker Hong Kong sales dragged down revenues.
Mall vacancy in Philippines to rise 12% in 2020
More than 80% still favour in-store shopping.
Singapore's retail sales plunged 40.5% in April
Rising online usage is not expected to counter the decline in other clusters in the next few months.
Parkson Retail Asia queried over ‘unusual' trading activity
The company said it does not know any explanation behind the trading.
Hong Kong retail sales down 36.1% in April
The plunge was led by sales of jewellery, watches and clocks, and valuable gifts.
Macau's retail sales down 45.1% in Q1
Majority of merchants expect sales volumes to do worse in Q2.
Singapore forms office to push digital adoption for small merchants
It plans to encourage hawkers to adopt SGQR payments in June.
Central Retail buys 49% stake in FamilyMart Thailand from Japanese JV
CRC's subsidiary SFM Holding continues to control the 50.65% stake.
JD.com opens two 7FRESH supermarkets in Sichuan
One of the stores span over 8,000 sqm.
Check out Singapore's top 10 retailers: study
Actuals movements amongst retailers showed mixed results.
What's driving growth in Asia Pacific's retail industry?
The region’s non-store retailing is expected to be driven by e-commerce.
Nearly half of Singapore restaurants won't last beyond two months: survey
Delivery and takeaway are not enough to offset revenue loss after the circuit breaker measures.
Slow recovery ahead for Singapore's retail sales: analyst
Shoppers may still have limited shopping venues to visit after the circuit breaker.
Over 15,000 Hong Kong shops may close without rent relief
Most are only willing to cut rents by 10% to 20% instead of the requested 50% by retailers.
Commentary
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