retail

NEW YORK (Aug 18): Jack Ma is ahead of Jeff Bezos in one area: grocery stores.

SINGAPORE (Aug 14): Luxury watch retailer The Hour Glass Group announced earnings of $7 million for the 1Q18 ended June, down 15% from $8.2 million posted in 1H17 on higher expenses which were largely attributable to a one-time relocation cost.

SINGAPORE (Aug 14): Isetan announced 2Q losses narrowed by more than half to $1.5 million from $3.5 million the previous year.

SINGAPORE (Aug 11): Metro Holdings has announced earnings of $25.4 million for 1Q18, which is more than double of the $9.8 million reported in 1Q17.

SINGAPORE (Aug 7): RHB Research continues to rate Dairy Farm International at “buy” with a target price of US$9.53 ($13), after the Jardine Group member last week announced a 7% in 1H earnings to US$213 million.

SINGAPORE (Aug 3): Maybank Kim Eng Research is keeping its “hold” call on CapitaLand with an unchanged price target of $3.75 after the real estate group this morning posted its set of financial results for 2Q17, which was overall in line with the rese

SINGAPORE (July 27): Supermarket chain operator Sheng Siong Group saw its earnings for the second quarter ended June grow 6.1% to $16.1 million from $15.2 million a year ago.

SINGAPORE (July 27): Amazon.com today launched its Prime Now service in Singapore. It is the first Amazon retail service to launch in the city state, and offers free two-hour delivery for orders totaling to $40 and above.

SINGAPORE (July 21): VP Bank is anticipating a moderate acceleration of Singapore’s economic growth rates to take place in the coming quarters on stronger manufacturing output.

SINGAPORE (July 18): RHB Research continues to rate Viva Industrial Trust (VIT) at “buy” with a 97-cent target price following the trust’s completion of its asset enhancement initiative (AEI) at Viva Business Park (VBP).