Singapore news

06 January 2023
The growing influence of Korean culture continues to shape the retail landscape in Asia, as Shinsegae’s convenience banner Emart24 opened its first two stores in Singapore at the end of 2022. We visited its outlet at Nex to explore some of the store's highlights. Source: IGD Research Dining in store Source: IGD Research The biggest crowd-puller of Emart24 is its in-s...
04 January 2023
Despite a tax hike in 2023, Singapore’s leading supermarket and hypermarket retailers have all committed to offsetting the increase to provide affordability to shoppers amidst concerns on the impact of inflation. Tax hike covers all products Singapore’s Goods and Services Tax (GST) was increased by 1 percentage point, from 7%, to 8%, starting from 1 January 2023. The GST is a VAT-style tax ...
06 December 2022
7-Eleven Singapore recently opened 7Café, its first café concept store in Singapore. The store is located at Jewel Changi Airport shopping mall, just beside Changi Airport. It is positioned as a café that allows travellers to recharge. Source: IGD Research Wide array of food and beverage options Source: IGD Research The café has a great variety of food and beverage options. ...
30 November 2022
Japanese discount chain Don Don Donki recently launched an arcade-themed store in Singapore. This reflects the retailer's strategy to create a unique experience for shoppers in the store. Source : IGD Research Game-themed store Since Don Don Donki entered Singapore in late 2017, it has been on an aggressive expansion drive, with its latest launch in Jurong Point being its 14 th ...
28 October 2022
DFI retail group recently introduced the yuu Rewards Club app, a platform that allows shoppers to earn points and redeem rewards across retail, foodservice and telco outlets in Singapore. This builds upon the success of a similar DFI app launch in its home market of Hong Kong in 2020, which has garnered millions of downloads. Diverse range of partners involved The app involves the use of QR...
18 October 2022
Singapore supermarket chain FairPrice has launched its “Greater Value Every Day” campaign. It is aiming to provide value pricing schemes to allay shoppers' concerns in the face of the rising cost of living.   Greater Value Every Day campaign The initiative includes four main discount and value offerings: 1. Affordable pricing and price freezes on essentials As part of “Everyday Low Pr...
18 October 2022
Sephora Singapore launched its first “Store of the Future” at its Raffles City outlet, Singapore, in September 2022. We recently visited the store to observe how the latest concept combines technology, personalised services and classes to win shoppers. Source: IGD Research Excitement even before entering the store Source: IGD Research Source: IGD Research Before ente...
26 September 2022
As part of efforts to boost recycling and reduce packaging waste, Singapore recently announced the implementation of a SGD0.10-0.20 (US$0.07-0.14)  deposit for canned and bottled drinks by mid-2024. The deposit return points will be placed at hypermarkets and supermarkets. How does this scheme work? Here are the key facts of the scheme: A deposit of between and SGD0.10-0.20 (US$0.07-0...
20 September 2022
FairPrice has opened two Finest stores two weeks apart: one a Flagship store on a busy shopping strip and another at a local neighbourhood. We visited the second store that opened last week to understand how the retailer flexes its offerings to meet the needs of a more residential target. This two-storey store in Ang Mo Kio Ave 6 covers 23,000 sq. ft., including a 40-pax seating capacity cafe o...
05 September 2022
FairPrice Finest has opened a new 1,550 sq.m. store along Orchard Road this week. This is its first store in the heart of the shopping of the belt, occupying a site that used to be a Cold Storage store by DFI. We share three features that stand out in the new store. 1. The Grocer Bar and BWS Set right next to the BWS category, shoppers can enjoy a specially curated selection of wines, beer,...