THE LEVEL GROUND
·
SUBSCRIBERS
Suburban malls can still thrive despite retail disruption from online shopping
Heartland malls win from remote working trend, but should not underestimate the value of community
Published Mon, Mar 15, 2021 · 09:50 PM
Singapore
RETAIL operators with physical outlets are struggling due to the relentless rise of online shopping both in Singapore and overseas.
Department store Robinsons closed its last outlet in Singapore early this year after 162 years of operations. Listed groups Isetan (Singapore) and Metro Holdings have reported losses on their retail businesses.
Copyright SPH Media. All rights reserved.