Stores
Supermarket chain Sheng Siong Group's profit surged 49.4% to $20.49m in Q1
The group saw elevated demand as more people ate at home.
Supermarket chain Sheng Siong Group's profit surged 49.4% to $20.49m in Q1
The group saw elevated demand as more people ate at home.
Dairy Farm's beauty and convenience business takes hit in Q1
Movement restriction policies led to store closures in China.
Asian consumers to eat at home more frequently: survey
Amongst markets in the region, Hong Kong has been taking out food the most.
Thailand's consumer behaviour to remain weak in near term
Fashion stores and dine-in restaurants are unlikely to record strong traffic recovery.
Home furnishing demand in Singapore doubled in February-March
Work from home arrangements fuelled growth in the sector.
China faces lower consumer spending amidst rising inflation, unemployment
Rise in meat and vegetable prices has driven the inflation rate to 5.2%.
Customers per store in India slumped 55% in late-March
Sales recovery is projected to kickstart by May.
Miniso's S$2 stores seek to draw in older buyers
It aims to provide the best bang for the buck with its super cheap yet quality items.
Singapore's retail sales slump eased in March
Recovery is expected to continue but is inconsistent and could deviate until April.
Food and health products to dominate Philippine's consumer spending
Even e-commerce platforms are expected to prioritise delivery of grocery orders.
Singapore's retail sales dropped 8.6% to $2.15b in February
Industries selling discretionary items were affected by a decline in tourist arrivals.
Hong Kong's retail sales down 44% to $2.93b in February
The sector took a blow from the COVID-19 pandemic.
CapitaLand unit reopens Wuhan malls
Its portfolio’s footfall has rebounded from the previous month’s low.
China's consumer confidence tipped to improve in Q2
Local governments have launched incentives to stimulate consumption.
Long work hours, higher income boosts India's convenience store demand
New entrants are expected to struggle in competing with local stores.
Australia competition watchdog lets supermarkets coordinate to ensure supply
Supermarkets have experienced shortages as demand surged.
Singapore landlords urged to limit rents by turnover
This hopes to avoid permanent store closures as the pandemic hit stores’ sales.