Retail

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How AI is transforming Singapore consumers’ shopping habits

Study finds that shoppers want seamless shopping across multiple platforms and demand greater payment flexibility 

Courts has automatically added unsolicited items into consumers’ shopping carts, while Prism+ has used fake countdown timers and misleading stock indicators.

Singapore consumer watchdog raps Courts, Prism+ for misleading website features

The watchdog urges consumers to review their shopping carts, verify payment amounts and question urgency claims

Macro trends such as the ageing population and rising incomes will boost pharmaceutical spending.

Malaysia’s retail pharmacy boom draws billion-ringgit bets as IPO pipeline builds

The catalyst – news that BIG Caring Group is weighing a blockbuster listing in Bursa Malaysia next year

For the five sessions to Dec 4 inclusive, 19 primary-listed companies conducted buybacks with a total consideration of S$61.2 million.
INSIDE INSIGHTS

Q&M Dental, Frencken, Zhongmin Baihui Retail, Accrelist directors add to stakes

Over the five trading sessions,from Nov 28 to Dec 4, more than 80 director interests and substantial shareholdings were filed

Excluding motor vehicles, retail sales grew 3.7% in October, picking up from September’s revised 1.8% expansion.

Singapore retail sales growth picks up to 4.5% in October

Most retail categories record higher sales, led by watches and jewellery, as well as recreational goods

The Reit's move comes amid continued headwinds in the US office sector.

Manulife US Reit proposes strategic pivot to retail, living, industrial sectors

It seeks mandates for US$350 million in divestments and US$600 million in acquisitions

From left: Phua Yung Keat, SMRT's group chief financial officer; Ngien Hoon Ping, SMRT's group chief executive; Seah Moon Ming, SMRT chairman; Wee Ee Cheong, UOB CEO;  Frederick Chin, UOB's head of group wholesale banking and markets; Edmund Leong, UOB's head of group corporate banking and group investment banking
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SMRT-UOB partnership lets retail tenants convert rental deposits into bank guarantees

Stellar Lifestyle, SMRT’s business arm, manages about 800 retail spaces across the rail network

Competition, especially in online deals, should help avert a massive hike in prices.

Despite doubts over economy, Americans set for record holiday spending

National Retail Federation says holiday sales to top US$1 trillion for the first time

Retail sales, a gauge of consumption, rose 2.9 per cent in October after expanding 3.0 per cent in September, beating forecasts for a 2.8 per cent gain.

China’s economy jolted by weakest factory output, retail sales growth in over a year

Oct figures pile pressure on policymakers as a trade war with the US and weak domestic demand heighten growth risks

Sales in supermarkets and hypermarkets were up 5.1% year on year in September.

Singapore retail sales growth in September eases to 2.8%

Excluding motor vehicles, retail sales increase by 2%