Challenger enters luxury audio market with concept store in ION Orchard
It hopes to expand its retail footprint across Singapore and create new store experiences
Add BT as a preferred source
Singapore
FOR all the buzz that e-commerce gets, retail industry veteran Loo Leong Thye remains convinced that brick-and-mortar stores still make better business sense.
"Online is about convenience and price. If you don't sell cheap, people don't buy. If we do promotions, we do very well. If we don't do promotions, it's so-so," the founder and chief executive of electronics retailer Challenger Technologies told The Business Times on Friday.
TRENDING NOW
On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart
Thai and Vietnamese farmers may stop planting rice because of the Iran war. Here’s why
US-China rivalry and the Kindleberger Trap: Why inaction – not escalation – is the biggest risk
PayPal plans job cuts as its new CEO pursues turnaround strategy
