Singapore news

18 July 2019
We visited the newly opened FairPrice Xtra in VivoCity. This impressive hypermarket is about 9,000 sq m and spread over two levels. It is designed with many speciality concepts and unique experiences to woo young shoppers. The store looks great from every angle, so keep a look out for our full store visit report after its official opening in August. Exceptional retail design Eye-catchi...
08 July 2019
Lazada, the leading ecommerce platform in Southeast Asia, will launch a 24-hour Mid-Year Festival on July 12 across all its six markets. One-day sale designed to bring new tagline to life The sale is themed “Millions of deals your heart desires” in line with its refreshed brand idea “Go where your heart beats”. The new shopping event creates more fun for shoppers and encourages them to purs...
05 July 2019
We went to the newly refurbished Funan Mall in Singapore to check out four stores of the leading retailers in Singapore. Young and energetic vibe Source: IGD Research This used to be known as the IT mall - a place for tech geeks who want to build their own computers from component parts and check out the latest gadgets. After three years of redevelopment, the mall has opened with a swan...
17 June 2019
Retailer introduces spin-off concept at new store. Located at Terminal 3 of the airport Japanese retailer Don Don Donki has opened a new outlet at Singapore’s Changi Airport Terminal 3. Called Don Don Donki Sweet Potato Factory and with an area of 30 sq m, it marks the retailer’s focus on its food-to-go range.   The store at the airport is open 24 hours and will stock its popular baked s...
15 May 2019
Honestbee will stop delivering food from restaurants and temporarily suspend laundry service in Singapore from 20 May.  Strategic review to optimise business The retailer will continue to operate its grocery delivery service and cashless supermarket called habitat in Singapore. However, shoppers will not be able to order food and laundry delivery services from next week. The retailer announ...
13 May 2019
In 2018, Sheng Siong opened 10 new stores, bringing its total store count to 54 and total retail area to more than 46,000 sq m. We recently visited its store in Junction 10, Woodlands Road and bring you some in-store highlights.  Source: IGD Research Located in a shopping mall near the Bukit Panjang MRT station, this 1,900 sq m store contains a wide range of fresh foods as well as packag...
07 May 2019
Sales revenues improved by 10.1% versus last year. New stores boost earnings For the first quarter of 2019, Sheng Siong Group reported revenues of SGD251.4m, an increase of 10.1%, as well as net profits of SGD19.4m, a rise of 5.9%. The positive results were attributed to the opening of 10 new stores in 2018. Although like-for-like store sales contracted by 1%, new stores contributed to 1...
03 May 2019
Honestbee CEO and cofounder Joel Sng has stepped down from his position, making way for Brian Koo who is part of the family that controls South Korea's LG. LG is one of the largest company in South Korea. It oversees US-headquartered investment fund Formation Group, a key investor and shareholder in honestbee. Fresh funding likely for the startup Mr Koo wrote in an e-mail to the company tha...
29 April 2019
Online grocery and food delivery service temporarily ceases operations in Hong Kong and Thailand. Intense competition forces retailer to rationalise operations Honestbee, the operator of habitat by honestbee, has suspended operations in Hong Kong, Thailand and Philippines. In a statement released by the retailer, it says that it is taking this action to “ simplify what we do and how we do i...
23 April 2019
Dei, an online grocer in Singapore which focuses on Indian groceries, aims to create more marketplaces for different communities in Singapore. Dei brings together Indian merchants on Little India Dei which stands for "Daily Everything Indian" is a startup that partners supermarkets, wet markets, small provision shops and specialty stores to sell groceries online. The marketplace was launche...