Chart of the Day: Check out the notable new store openings in Singapore in Q3
There were several notable F&B store openings amidst retail sales rising 2.2% in September.
This chart from Knight Frank showsthe most notable new store openings in Singapore in Q3, where Beauty Lab, the world’s first concept store by the Dyson brand leads the list.
Japanese bag brand Anello came at second place as it also unveiled its first-ever brick-and-mortar store on the island at Jewel Changi Airport during the same month.
Two food and beverage (F&B) firms--Japan’s Emma Dessert and Bali-based Starter Lab Bakery-- chose to open their first overseas stores in Singapore; whilst ice cream brand Little Damage also launched their first Singapore store during the same period.
PetLovers Express, which opened its doors at VivoCity, introduced the first supermarket store-in-store concept by brand.
Store openings remained strong in Singapore during Q3 despite retail sales declining by 2.2% YoY in September, dragged down by weak motor vehicle sales. In contrast, sales of F&B services inched up 0.4% YoY to $882m during the same month, with fast food outlets, cafes, food courts & other eating places and restaurants reporting higher sales at 12.5%, 4.6% and 2.7% YoY, respectively.