Singapore retail

Hao Mart shuts stores, sinks deeper into losses with four High Court lawsuits looming

Its website lists 20 outlets in Singapore, but only seven are operating

Joseph Ryan (left) and Stephen Dunstan co-founded Hit Refresh in 2021 to address what they saw as fundamental inefficiencies in the traditional F&B model.

A broken F&B model and Hit Refresh’s bid to reset it with freshpod kiosks

Through this initiative, the startup is rethinking how meals are prepared and served

Han Khim Siew, CEO of OUE Reit's manager, says disciplined capital recycling and portfolio optimisation could drive the Reit's stock price and DPU growth.
TOPLINE

OUE Reit looks to unlock value in mature assets, eyes Sydney for higher-yield growth

Proceeds from a potential One Raffles Place sale could fund its further expansion in Sydney’s Salesforce Tower

T2 Tea's outlet at Suntec City is set to cease operations on Mar 25.

Australian tea brand T2 Tea shuts all Singapore outlets as it looks to ‘reset’ Asia retail strategy

A company spokesperson says the retailer is in its ‘strongest position’ in over a decade

The 10,193 sq ft FairPrice Finest supermarket space in Coronation Shopping Plaza is the only freehold asset in the portfolio.
SINGAPORE PROPERTY

Private fund said to be buying 11 Mercatus retail assets for S$281 million

Portfolio comprises private strata space in Bukit Timah Plaza and Coronation Shopping Plaza, and nine HDB properties

Scott Price, group CEO of DFI Retail Group, says he is not somebody who "puts ambitious targets up there and then fails".

DFI CEO Scott Price sticks to ‘underpromise, overdeliver’ playbook for latest financial targets

Beyond opening more stores or selling more products, a new ‘shadow’ P&L engine could also drive earnings

The facade of The Providore Singapore's outlet at Mandarin Gallery on Mar 9. A notice at the entrance says the company is "taking steps to wind up the business".

Cafe chain The Providore abruptly shuts all 6 outlets in Singapore

Staff were reportedly informed of the closure only on the same day

Rental costs featured in PM Wong's round-up speech as he addressed concerns raised by several MPs over the pressure facing SMEs.
SINGAPORE BUDGET 2026

Budget 2026: Retail, F&B rents make up lower share of business costs in last few years

Rent increases have also trended below nominal GDP growth and inflation in recent years, says PM Wong

South-east Asia’s young population and rising disposable income make the region a prime market for Chinese beauty brands looking to expand overseas.
BRUNCH

Aiming for the right blend: C-beauty’s challenge to K-beauty can’t be brushed off

Lower prices, rapid launches and a strong social media game support growth of Chinese cosmetic and skincare brands in S-E Asia