Business
Apple to close first retail store in China since 2008
Apple has confirmed it will close its Dalian retail location in northeast China on 9 August, marking the tech company’s first store…
Tag
Retail
Culture
Apple to shutter a retail store in China for the first time ever
Apple is closing a retail store in China for the first time, marking a notable retreat in a market where the iPhone maker is striving to…
Culture
Frasers Centrepoint Trust retail portfolio occupancy hits 99.9% in Q3
Committed occupancy in the retail portfolio of Frasers Centrepoint Trust (FCT) reached 99.9 per cent in the third quarter ended Jun 30,…
Culture
DFI Retail Group posts 38.9% rise in H1 underlying profit, pays special dividend of US$0.443 a share
Supermarket and retail store operator DFI Retail Group’s underlying profit rose 38.9 per cent to US$105 million for the first half ended…
Culture
Dasin Retail Trust suspends trading amid financial reporting challenges
Trading in the units of Dasin Retail Trust has been suspended on the Singapore Exchange. This comes as the business trust is unable to…
Culture
US: S&P 500, Nasdaq end at record highs after solid retail data
Wall Street stocks rose to fresh record highs on Thursday (Jul 17) as markets focused on solid US retail sales data and corporate earnings…
Culture
No compulsory financial advice needed for most retail investors under proposed MAS changes
Retail investors may soon be able to invest in products that are deemed complex without seeking the now-mandatory financial advice, even…
News
Video: How Tariffs Are Affecting Wedding Dress Prices
Jordyn Holman, a New York Times business reporter, is planning a wedding. To find out how tariffs are affecting the bridal industry, she…
Culture
Despite softer retail outlook, most S-Reits with Singapore retail assets record double-digit positive rent reversions
Seven Singapore-listed real estate investment trusts (S-Reits) with local retail assets have recorded improvements in revenue and net…
Culture
Maybank downgrades Thai retail sector on weak sales, consumption
Maybank Investment Bank has downgraded Thailand’s retail sector to “neutral” amid weak consumption and falling same-store sales growth…
Culture
CapitaLand China Trust to divest retail property for 748 million yuan
CapitaLand China Trust (CLCT), a CapitaLand Investment subsidiary, is set to raise up to 748 million yuan (S$134.9 million) through the…
Culture
DBS raises DFI Retail Group Holding’s target price, citing strong potential to grow earnings
DBS bank on Monday (Jun 9) raised its target price for DFI Retail Group from US$3 to US$3.60 and maintained its “buy” rating, citing a…
Culture
BNP to cut 200 branches by end of 2026 to kick off retail revamp
BNP Paribas chief executive officer Jean-Laurent Bonnafe plans to cut hundreds of domestic retail branches in an effort to lift…
Culture
DFI Retail Group divests 22.2% stake in Robinsons Retail for undisclosed sum
The divestment will enable DFI to redeploy capital to support growth and enhance shareholder returns across its subsidiaries, says group…
Culture
CDL, MCL Land marketing Piccadilly Galleria retail podium for sale at lower price of S$67.5m
Piccadilly Grand’s retail podium is up for sale for S$67.5 million, at a lower price after an earlier expression of interest exercise…
Culture
Private credit funds target billions in retail demand from Asia
From Singapore to Japan and Australia, fund managers in Asia are looking to unlock billions of US dollars for private credit from the last…
Culture
Dasin Retail Trust trustee-manager hits back at claims in alternate director’s exit letter
The trustee-manager of Dasin Retail Trust (DRT) rebutted criticism from its former alternate director, who claimed in a resignation letter…
Culture
DFI Retail Group’s Q1 underlying profit falls 18% on sale of Chinese supermarket
DFI Retail Group’s underlying profit for Q1 2025 fell 18 per cent compared with the same period a year ago, due to the divestment of…
Culture
Lendlease Global Commercial Reit posts 10.4% retail rental aversion for Q3 FY2025
Lendlease Global Commercial Real Estate Investment Trust (LReit) on Wednesday (May 7) posted a positive retail rental reversion of 10.4…
Culture
Parkson Retail Asia reports S$5.8 million in Q4 profit
Earnings per share for its continuing operations stands at S$0.0086, down from S$0.0116 previously DEPARTMENT store operator Parkson…
Lifestyle
Reimagining the Jewelry Shopping Experience
In this week’s episode of WWD Voices, Nicole Wegman, founder and chief executive officer of Ring Concierge, a fine jewelry company, joins…
Lifestyle
Joann Is Closing 533 of Its 800 Stores, Including 67 in California and 42 in Florida — Here’s the List
Joann is closing 533 of its 800 fabrics and crafts stores as part of its bankruptcy process. The list includes at least 67 stores in…
Lifestyle
EXCLUSIVE: Quay Relaunches Optical Eyewear Category With Focus on Expanded Distribution
Quay is putting a bigger focus on its optical eyewear category. The Australian eyewear brand is relaunching its optical category this…
Culture
Occupancy remains high for S-Reits’ Singapore retail assets
REAL estate investment trusts with retail assets in Singapore (S-Reits) continued to post strong committed occupancy and positive rental…