Retail

Despite 2025’s high-profile closures, Singapore’s retail and entertainment sectors are not shrinking: observers

Exits by notable brands from Cathay Cineplexes to Eggslut likely signal market recalibration rather than a contraction, they say

To help assuage investor concerns and reinvigorate its business, Target has laid out plans to spend an additional US$1 billion in 2026 on new store openings and remodels.

Target faces activist investor pressure amid sales decline

[NEW YORK] Activist investor Toms Capital Investment Management (TCIM) has made a significant investment in Target, the Financial Times reported on Friday (Dec 26), intensifying pressure on the strugg...

Orchard Road malls benefit from recovering tourist arrivals and spending, says Alan Cheong, Savills Singapore executive director of research and consultancy.
OUTLOOK 2026

Prime retail rents seen rising further in 2026 with tenant demand firm amid tight supply

Market watchers expect increases of between 1% and 4%, with city centre malls likely outperforming suburban centres

Shoppers outside a Saks Fifth Avenue store in New York, US, Dec 21, 2025. In June, Saks persuaded creditors to provide hundreds of millions of dollars more as part of a debt deal that reshuffled repayment priorities.

Saks mulls bankruptcy year after raising billions for turnaround

SAKS Global Enterprises, facing limited options ahead of a more than US$100 million debt payment due at the end of this month, is considering Chapter 11 bankruptcy as a last resort, according to peopl...

Benjamin Boh, president of the Restaurant Association of Singapore, said operators are generally more sensitive to food cost inflation than rent.

Singapore F&B players push for more changes in import rules to ease food cost squeeze

Operators laud moves to diversify food sources, say more can be done to help local business compete against global players with strong supply chains

An increasingly powerful appeal for the tens of millions of visitors Japan now draws annually is not just the traditional shopping, but the vibrant, over-the-counter trade in used items.

Japan’s US$580 billion hidden asset? In the back of the cupboard

The country has stored goods worth roughly the combined market cap of its three most globally known corporate names

Companies including Labubu-maker Pop Mart have announced new US stores as they try to establish a foothold in the world’s richest consumer market.

Despite tariffs, China consumer giants push into the US as domestic market stalls

Pop Mart CEO attributes this to the American market being enormous, with strong purchasing power

China is in the middle of a wellness boom that is influencing the way people dress, offering a rare bright spot in an otherwise struggling retail sector.

China is now an outdoors nation

With Beijing aiming to expand its sports economy to seven trillion yuan by 2030, the wellness boom could stretch into the new year

From left: Jill Koh, Ryan Toh and Charmaine Toh are the third-generation owners of Cathay Photo.

Cathay Photo bets on e-commerce to keep 66-year-old family business clicking

Its third-generation leadership hopes the SG Heritage Business scheme will provide guidance on operation and transformation

Singapore's tourism receipts have already exceeded pre-pandemic levels, reaching S$29.8 billion in 2024 – 7.6% higher than in 2019.
OUTLOOK 2026

Singapore’s 2026 visitor arrivals may fall short of pre-Covid levels, but tourist spending should keep rising: observers

Growth in tourism receipts will be fuelled by Mice visitors, alongside rising demand for wellness, medical services and experiential offerings