COVID 19: BACK TO PHASE TWO
Big boys muscle in on empty space as retail rents slip amid Covid
Add BT as a preferred source
Singapore
SMALLER retailers and eateries could increasingly be replaced in malls by big brands with the wherewithal to capitalise on rental declines.
Even as Covid-19 restrictions chip away at the bricks-and-mortar consumer sector, the retail scene has accelerated an ongoing transformation, observers told The Business Times.
TRENDING NOW
When every phone becomes a satellite phone, what happens to Asia’s telcos?
Too little, too late? Manila’s billion-dollar bid to ignite its sputtering EV industry
Japan Home closing outlets; staff say Valu$ taking over operations
Timah Partners lands S$60 million facility from lenders including UOB, RHB
