News about retail

  KUALA LUMPUR: London took the global top spot for luxury store openings in 2018, according to research from international real estate advisor Savills.

PETALING JAYA (March 27): Due to large incoming supply, risks are expected to remain elevated for the office space and shopping complex property segment in Malaysia.

KUALA LUMPUR (March 8): Kuala Lumpur City Hall (DBKL) is out to catch the culprit who has felled as many as 14 trees planted along Jalan Tuanku Abdul Rahman.

KUALA LUMPUR (Jan 24): IGB Real Estate Investment Trust’s (IGB REIT) net profit for the fourth quarter (4Q) ended Dec 31, 2018 slipped 9.

  KUALA LUMPUR (Jan 8): Investor confidence in the Malaysian property market has showed some positive signs as the new government starts to provide more clarity and certainty in its fiscal policies, according to real estate consultancy Knight Frank Malaysia.

KUALA LUMPUR (Dec 22): Larry Michael Remsen has resigned as the chief executive officer (CEO) of Parkson Holdings Bhd’s 67.

KUALA LUMPUR (Nov 27): The Malaysian Retail Chain Association says its members posted an average year-on-year revenue growth of 5.

  Singapore’s online shopping isn’t flourishing, even following the launch of Amazon Inc’s Prime service in mid-2017.

KUALA LUMPUR (Sept 27): The Malaysian Institute of Property and Facility Managers (MIPFM) president Sarkunan Subramaniam said instead of putting a halt on new retail and office developments, the government should bring the country’s economy back on the right track to address the space glut.

PETALING JAYA (Aug 28): The last Rock Corner music store is shuttering on Sept 2 after a 28-year run, reported The Star.