Averting the retail apocalypse: A Singapore survival kit

THE proliferation of e-commerce companies such as Qoo10, Lazada, Carousell and Redmart in Singapore has seen an emerging but alarming trend - the desertion of retail spaces. While Singapore is far from the retail apocalypse facing brick-and-mortar retailers such as Toys "R" Us in the United States, the stars are aligning in that ominous direction for retailers who fail to arm themselves ahead of the digital revolution.

For many retaile…