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For Singapore’s Capitaland, the mall comes roaring back

Inside Retail

E-commerce in Singapore had a couple of bumper years in 2020-21, but online sales growth plateaued in 2022 as a percentage of Singapore’s retail sales : for Capitaland’s malls, many of them part of integrated mixed-use projects, it was time to start taking full advantage of normalisation. per cent) and department store BHG (1.0

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Opinion: Consumers’ screen times gives shopping centres a headache

Inside Retail

Landlords face the immediate challenge of finding suitable replacement tenants for the vacant shopfronts but they also must focus on the threat to future sales growth posed by potentially lower foot-traffic and spending. Myer online sales increased by 28 per cent, to $540 million, in FY21, accounting for 20 per cent of total group sales.

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