The Business Times

Retail

International

Despite doubts over economy, Americans set for record holiday spending

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.
International

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

ST20250819-202565200396-Lim Yaohui-pixgeneric/ Generic photograph of shoppers buying canned food and groceries at Giant Tampines Hypermarket on Aug 19, 2025. Can be used for stories on budget, inflation, food security, agriculture, farming, supermarket, local, demand and supply, food resilience, retail, Cold Storage Singapore, import, consumer, produce, product, price, business, income and money. (ST PHOTO: LIM YAOHUI)
Singapore

Singapore retail sales growth in September eases to 2.8%

Satyaki Banerjee, group CEO of Luxasia, wants the company to stay entrepreneurial and agile, while investing in transformation and technology.
SGSME

Luxasia: The name behind big luxury brands’ presence in Apac, from Hermes to La Prairie

Premium rents for retail spaces in prime locations remain underpinned by deep-pocketed international operators, says analyst.
Property

Chick-fil-A, Chipotle, South Korea’s Lotteria join global F&B giants tapping Singapore consumers’ evolving taste

US consumers are tightening spending in general due to an uncertain economy and government shutdown, and the rising cost of sweets has further prompted them to trim their candy budgets.
Consumer & Healthcare

US candy makers haunted by Halloween discounts as retailers scare up sales

This year's Orchard Road Christmas light-up will take place from Nov 8 to Jan 1, 2026.
Economy & Policy

Orchard Road Christmas light-up ‘on track’ for higher visitorship this year, possibly from more tourists

Singapore shoppers are turning to quiet or experiential luxury.
Features
BRUNCH

Can Singapore stay at the forefront of the global luxury market?

Target has been struggling to get out of a rut caused by soft demand and inventory missteps.
Consumer & Healthcare

Target to eliminate 1,800 roles, 8% of headquarters team

When BT visited Eccellente by Hao Mart at Taste Orchard on Sunday, the shelves and freezers on Level 2 had been entirely emptied of stock.
SGSME

Hao Mart proposes settlement to Taste Orchard tenants, asks for details of unamortised unit fit-out costs

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