Retail

Sheng Siong shares continue last week’s slide, fall over 9% to hit one-year low

Sheng Siong reported a modest 1.9% year-on-year increase in Q3 net profit.

EU’s new levy on parcels kicks in

The fee will apply to each type of item in a package sent directly to consumers from outside the EU, regardless of the parcel’s value.

In Your Opinion

At McDonald’s for 16 years, he thought he knew the business. Then he joined Chagee

Eugene Lee said that at Chagee, rival brands are referred to internally not as competitors but as laoshi, or teachers.

Japan’s beleaguered shoppers are a worry for convenience stores and the economy

The scariest part of Halloween this year? The candy prices

One recent analysis of the prices of 17 popular Halloween candy varieties showed a 15% jump from 2025.

Storied Paris department store BHV Marais seeks bankruptcy protection

Parisian department store BHV Marais said the bankruptcy procedure was “part of BHV’s relaunch, not its failure” and aimed at protecting operations and jobs.

Labubu loses its bite as Pop Mart’s quarterly sales plunge up to 50%

Pop Mart has described 2026 as “a year of adjustment”, as the Labubu fad dims and hits its bottom line.

AI shoppers get first say in South Korea’s retail race

Companies use AI shoppers to predict buying decisions, fine-tune prices and identify potential flaws in shopping experiences.

Best World’s global CEO Dora Hoan to chair global direct selling body

Dora Hoan is taking the WFDSA’s top post as the industry grapples with changing consumer expectations and the growing adoption of AI.

Fast-fashion group Shein agrees to pay US$100m to settle US FTC probe

The settlement is equivalent to 44% of Shein’s second-quarter profit.

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.