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Tag: Clarke Quay

  • Clarke Quay’s CQ Unveils Exciting Revamp: 8 New Brands, Innovative Concepts & Pet-Friendly Spaces on the Horizon

    Clarke Quay’s CQ Unveils Exciting Revamp: 8 New Brands, Innovative Concepts & Pet-Friendly Spaces on the Horizon

    Singapore-based mall CQ @ Clarke Quay, owned by CapitaLand, is undergoing revitalization with the introduction of eight new brands, which will join the establishment alongside additional activity spaces and updated programming.

    Among the new additions are two food and beverage concepts. Waffle Up!, a waffle-on-a-stick brand, and Xiao Long Kan, a Sichuan hot pot chain, will bring their respective brands to Singapore for the first time. Waffle Up! will introduce its unique take on the popular breakfast dish, while Xiao Long Kan will offer visitors a Chengdu-style dining experience.

    Expanded Retail and Lifestyle Offerings

    CQ @ Clarke Quay will also see an expansion in its retail and lifestyle offerings. Eco-apparel brand Esse is launching River’s Edge Abode, a pet-friendly, multi-concept fashion store that supports artisanal craftsmanship. Swapaholic, a local platform for circular fashion, is also introducing a concept for swapping and reselling pre-loved clothing. Additionally, Rhythm Room will open a hybrid dance studio, which will also serve as a social venue.

    The mall will welcome Anytime Fitness, a 24-hour fitness center that will also host outdoor classes. This new fitness hub will stand alongside Revl’s strength and conditioning studio. Elixir Esports is also set to debut its largest 24-hour outlet at CQ this year, complete with gaming facilities, food and drink options, and esports tournaments. Lastly, a dedicated space for pets, called Furry Playzone, will be added to the mix.

    New Entertainment Options

    Zouk, the iconic anchor of CQ @ Clarke Quay’s nightlife, is expected to launch a new day-to-night lifestyle and entertainment concept.

    These changes follow the forthcoming closure of American restaurant chain Hooters’ sole Clarke Quay outlet, which concludes nearly three decades of operation at the location.

    Presently, the riverfront complex hosts approximately 70 tenants across various sectors including food and beverage, retail, fitness, and entertainment. The ongoing changes reflect the mall’s commitment to adapt to changing consumer trends and the evolving Singapore lifestyle landscape.

    Questions & Answers

    What new food and beverage brands are coming to CQ @ Clarke Quay?
    Waffle Up! and Xiao Long Kan are set to make their Singapore debut at the mall.

    What new retail and lifestyle offerings will be available at CQ @ Clarke Quay?
    Esse’s River’s Edge Abode, Swapaholic’s pre-loved clothing concept, and Rhythm Room’s hybrid dance studio are among the new additions.

    What fitness and entertainment options will be introduced at CQ @ Clarke Quay?
    Anytime Fitness and Revl’s strength and conditioning studio will open, alongside Elixir Esports’ gaming facility. Zouk will also roll out a new day-to-night lifestyle and entertainment concept.

  • Tsui Wah Singapore to open second restaurant

    Tsui Wah Singapore to open second restaurant

    Tsui Wah Singapore will open a second outlet at Robinsons The Heeren, on Orchard Road.

    No official opening date has been set as yet, but the menu is expected to include signature items such as Swiss Sauce Chicken Wings, Crispy Bun with Sweet Condensed Milk, Kagoshima Style Pork Cartilage with Tossed Instant Noodles, and Milk Tea. Western food such as club sandwiches and French toast will also be available.

    The Hong Kong tea chain arrived in Singapore last June with an outlet at Clarke Quay.

    It is known for its mix of Cantonese cuisine and Western cafe-style fare.

  • Philippine’s La Lola to open in Singapore

    Philippine’s La Lola to open in Singapore

    La Lola Churreria will soon open its first store in Singapore at Clarke Quay Central. The Brazilian-inspired food-retailing concept is being brought to the city by MFT Group of the Philippines, in partnership with Bistronomia which opened the first La Lola store in the upmarket Manila Power Plant Mall at Rockwell.

    The Clarke Quay site was chosen for its close proximity to the MRT and bus stations.

    MFT Group chief marketing officer Chiqui Tan said the company chose Singapore because of locals’ dessert-driven palette and openness to new concepts.

    A former employee of the Philippines’ SM group, Tan says she has been watching La Lola with interest for several years.
    “We’ve been fans of the brand ever since they started. We thought it was genius that something so simple can be done so well. I saw the speed and the scale they grew the brand,” she said in an interview.

    “La Lola churros are so global in flavour that [the concept] can be taken anywhere and will have a strong chance of succeeding,” she said.

    The two companies are planning multiple outlets across Singapore and MFT Group is also actively looking for more food concepts to launch.

    The MFT Group, a private equity investor, has already successfully taken Singaporean chain Salad Stop to Spain. And it plans to open branches of that brand in Vietnam soon.

  • Hong Kong’s Tsui Wah eatery to open in Singapore

    Hong Kong’s Tsui Wah eatery to open in Singapore

    Hong Kong chain Tsui Wah’s first outlet in South-east Asia will open in Singapore on June 15, in partnership with Jumbo Group.

    The cha chan teng (coffee shop-style) outlet in Clarke Quay will seat more than 140 customers and serve signature items including milk tea, crispy bun with condensed milk and curries, say the partners.

    For months, chefs from Tsui Wah in Hong Kong have been training staff in Singapore, and some of the chefs will stay on.

    Tsui Wah in Singapore is a franchise by Vista F&B Services, a JV between Tsui Wah Holdings and Jumbo Group, which is behind Jumbo Seafood restaurants.

    Funded in Mong Kok in 1967, Tsui Wah has 70 outlets in Hong Kong, Macau and China, and is known for its Cantonese-style comfort food.

  • CapitaLand Mall Trust remain stable despite challenges as retail sector stalls

    CapitaLand Mall Trust remain stable despite challenges as retail sector stalls

    Despite challenges in the retail sector, CapitaLand Mall Trust (CMT) maintained stability in its fourth quarter.

    “This points to the underlying strength of our well-located malls, and the management’s continuous focus on enhancing their offering as well as improving efficiency,” says CMT management company CMTML chairman Professor Richard Magnus.

    CMT achieved net property income (NPI) of S$119.3 million (US$90.6 million) for the period, to the end of December, up 2.6 per cent from the final quarter the previous year.

    With Singapore’s GDP growth expected to be stable this year, competition in the retail sector will remain intense, with new retail space coming onstream, says Magnus. “To stay at the forefront of a dynamic retail landscape, CMT will continue to push the boundaries and explore new ways to future-enable its malls.”

    CMT’s malls had an occupancy rate of 99.2 per cent at December 31, says CMTML CEO Tony Tan.

    “As part of our ongoing effort to enhance the offline and online shopping experience in our malls, we introduced seven click-and-collect lounges under CapitaLand’s partnership with e-commerce player Lazada. They are in Bedok Mall, Bugis+, IMM Building, JCube, Plaza Singapura, Tampines Mall and Westgate.”

    He says construction for Funan is progressing well. “With less than two years to target opening, Funan has received strong leasing interest for its retail and office components.”

    For its fourth quarter, CMT recorded growth of 1.8 and 2.6 per cent in gross revenue and NPI respectively year on year. The increase was mainly because of higher occupancy for Bugis Junction and The Atrium@Orchard, partially offset by lower gross revenue from Bedok Mall because of lower rental rates and reduced occupancy.

    For the full year, CMT recorded S$682.4 million in gross revenue, down 1.1 per cent. This was mainly because of the closure of Funan mall for redevelopment, lower rental rates and the lower occupancy at Bedok Mall. This was partially offset by higher rental from IMM Building, JCube and Clarke Quay.

  • Chinese restaurant chains bloom in Singapore

    Chinese restaurant chains bloom in Singapore

    Four Mainland China restaurant chains have set up in Singapore since November, the latest opening in Riverside Point on Friday.

    It will be the first overseas outlet for Chengdu-style hotpot chain Spicy House, which has about 30 outlets on the mainland.

    Two restaurants opened in June, Shi Miao Dao Yunnan Rice Noodles in VivoCity and Riverside Grilled Fish in Raffles City, while Faigo HotPot opened in Clarke Quay in November.

    Other China food brands in Singapore go back about four years, including Hai Di Lao Hot Pot, which will open its fourth outlet in VivoCity this month, and 9Goubuli, a Chinese restaurant in Marina Bay Sands.

    Faigo HotPot is a 12-year-old chain with more than 100 outlets across China. This is its first overseas outlet, the 130-seat Singapore restaurant being run by Shanghai Dragon Restaurant Management. The stocks are served in individual pots heated by electric stoves complete with a heat-control panel and USB ports for charging mobile devices. Diners can choose from more than 70 ingredients, and the outlet is the first in the chain to have a sauce bar offering nearly 20 condiments.

    Faigo Hotpot

    Riverside Grilled Fish, which has opened 54 outlets in China in its 11 years, is using its first overseas outlet as a springboard to make inroads into the Southeast Asian market. It specialises in spicy Chongqing-style grilled fish, and the Singapore franchise is owned by Minor Food Group, which runs the Thai Express and Xin Wang Hong Kong Cafe chains.

    Riverside Grilled Fish

    Shi Miao Dao Yunnan Rice Noodles in VivoCity’s Food Republic foodcourt serves “crossing the bridge” rice noodles, an elaborate set with 11 sides including braised chicken, fried peanuts and raw quail egg and vegetables. There is a choice of five types of soup, and the dish dates back to the Song dynasty. The Singapore stall is part of a chain which has more than 800 outlets across China, as well as Canada, Japan and Thailand.

    Spicy House owner Zac Wang from Shanghai believes Chinese hotpot chains like his will do well in Singapore, where he has been based for six years. The 120-seat restaurant at Riverside Point offers three types of communal hotpots, including one with nine compartments for cooking ingredients separately. The menu lists about 100 ingredients.

  • CapitaLand Malls ‘resilient’ to tough times

    CapitaLand Malls ‘resilient’ to tough times

    CapitaLand Mall Trust says its portfolio of “necessity malls” has proven resilient to the challenging economic and retail period of the last year.

    CapitaLand Mall Trust Management (CMTML), the manager of CapitaLand Mall Trust (CMT), has reported a distributable income for 2015 of S$392.0 million, up 4.4 per cent on 2014.

    Danny Teoh, Chairman of CMTML, said CMT has delivered a good set of financial results in 2015.

    “Distribution per unit to unitholders for 2015 increased 3.8 per cent to 11.25 cents, underscoring the underlying strength of our portfolio – made up of predominantly necessity shopping malls connected to or near transportation hubs serving large catchment areas.”

    Teoh says the trust reinforced its leadership position as Singapore’s largest real estate investment trust with the acquisition of Bedok Mall on October 1.

    “In addition, we unlocked value for unitholders with the sale of Rivervale Mall on December 15, where we recognised a gain of about S$72.7 million. Going forward, CMT’s established track record in proactive mall and asset management will ensure that we remain well-positioned to continually create value for our unitholders.”

    Wilson Tan, CEO of CMTML, said tenants’ sales per square foot and shopper traffic increased by 5.3 per cent and 4.9 per cent respectively last year.

    “Portfolio occupancy remained high, registering 97.6 per cent at December 31.”

    Clarke Quay achieved more than 90 per cent committed occupancy for the reconfigured space in Block C. Anchored by Zouk, a world-class dance club, Block C also comprises popular food and beverage (F&B) and entertainment outlets such as DV8 Club, a top notch live Mandopop concert club; Warehouse, a restaurant and bar with live music; Privé Clarke Quay, a new bar concept by lifestyle group Privé Group; Maziga Café & Bollywood Club, an Indian restaurant helmed by the team behind the Punjab Grill; and the highly anticipated Ramen Keisuke Lobster King, the latest offshoot of the well-known ramen chain Ramen Keisuke.

    “Singapore’s largest outlet mall IMM Building further enhanced its shopping experience and increased its total number of outlet stores to 85 with new designer brands such as Outlet by Club 21, Juicy Couture and Cole Haan. It also boosted its F&B offerings with additions such as Dôme Café. We will continue to transform our malls through asset enhancement initiatives and reinforce our relevance to the communities that we operate in,” said Tan.

    CapitaLand Mall Trust owns 16 shopping malls, strategically located in the suburban areas and downtown core of Singapore, comprise Tampines Mall, Junction 8, Funan DigitaLife Mall, IMM Building, Plaza Singapura, Bugis Junction, Sembawang Shopping Centre, JCube, Raffles City Singapore (40.0% interest), Lot One Shoppers’ Mall, 90 out of 91 strata lots in Bukit Panjang Plaza, The Atrium@Orchard, Clarke Quay, Bugis+, Westgate (30 per cent interest) and Bedok Mall.

    CMT also owns 122.7 million units in CapitaLand Retail China Trust, the first China shopping mall REIT listed on SGX-ST in December 2006.

  • Naiise goes big with largest store opening at Central

    Naiise goes big with largest store opening at Central

    Can someone give Naiise’s founder Dennis Tay and his team a trophy? In just two-a-half years, the retailer of Singapore-designed products went from a one-man show operating an online store to opening three physical outlets with a team of 20 employees. To boot, all three stores — in West Mall, Wheelock Place and now Central (Clarke Quay) — were launched consecutively in the last four months at a time when the retail climate is considered sluggish.

    “We have been extremely lucky in terms of consumer demand for our unique products, as well as the opportunities given by our landlords,” said Tay who was approached by landlords such as CapitalMalls Asia (WestGate) on all three occasions. He added that much effort was also made to differentiate each store and come up with “interesting and interactive” experiences” to avoid customer fatigue.

    For instance, the WestGate outlet in the heartlands of Jurong is stocked with family-oriented offerings, such as home accessories and kidswear to cater to the families in the area. Meanwhile, the selection at Wheelock is carefully curated to showcase best-sellers, new arrivals and Naiise exclusives to make better use of its smaller space.

    In contrast, Naiise’s latest outlet, which was officially launched yesterday (July 10) is billed as a “design megastore”. It occupies the whopping 6,500sqf space vacated by Hong Kong lifestyle brand, Goods Of Desire (G.O.D) which closed down in April.

    When Far East Organization first approached Tay about taking over the space, he admitted to being “quite terrified” because the space was so big”. He took the plunge believing that “the experience and benefits from this location would outweigh any costs”. To minimise cost, the layout worked around existing furnishings while the team did much of the redecorating, such as installation work, carpentry and painting, themselves. Additional fixtures were sourced, salvaged or purchased cheaply from local suppliers.

    Like the outlet at Wheelock Place, the current lease for Central runs until the end of the year but Tay is keen to continue for as long as possible. He remains unfazed by the failure of G.O.D to crack the market here, as he feels Naiise’s product offerings already resonate well with local shoppers and now with tourists. The latter make up 50 per cent of the customers at the outlet since its soft opening last month.

    Moreover, the company is banking on creating unique and experiential concepts at Central by having a dedicated workshop area for weekend sessions that can accommodate up to 20 people. The larger space also allows Naiise to introduce new product segments of books, music and magazines, and encourage customers to linger; they are invited to make themselves comfortable on Doob bean bags found around the store. More than 4,000 products, including major items like furniture, from over 400 brands can be found here. In keeping with its mission to promote Singaporean design, 60 per cent of the stocks here are designed or made in Singapore, and these items with a local spin, such as Singapore Sling-flavoured jams, have proven popular with tourists. Tay hopes this is Naiise’s small way of helping boost the awareness and demand of local designs and products with an overseas audience. Naiise is also celebrating SG50 by giving 500 S$5 cash vouchers (for every S$50 spent) on the website and any of their stores from next Monday.

    And in case you’re wondering, Naiise will be continuing with their popular pop-up events, which has seen food and art collaborations in shophouses. “Our growth strategy for Naiise is to work hard at merging all channels and platforms to seamlessly connect the shopping experience for our customers, whether online and offline,” Tay said. “Naiise will also work hard to retain its focus on bringing unique design products for everyone.”

  • CapitaMall Singapore shrugs off retail gloom

    CapitaMall Singapore shrugs off retail gloom

    CapitaMall Singapore’s shopping centres have improved their performance despite a lacklustre first quarter retail market in the city state.

    CapitaMall Trust Management Limited (CMTML), the manager of CapitaMall Trust (CMT), has reported first quarter distributable income of S$92.9 million, a 4.2 per cent increase over the same quarter last year.

    Wilson Tan, CMTML CEO, said shopper footfall in the three months to March 31 rose 4.7 per cent and tenant’s sales by 2.5 per cent. The occupancy rate of its portfolio “remained resilient” at 97.2 per cent.

    CMT has 16 shopping malls and almost 3000 tenants, strategically located in the suburban areas and downtown Singapore. Its centres are Tampines Mall, Junction 8, Funan DigitaLife Mall, IMM Building, Plaza Singapura, Bugis Junction, Sembawang Shopping Centre, JCube, Raffles City Singapore (40 per cent), Lot One Shoppers’ Mall, 90 out of 91 strata lots in Bukit Panjang Plaza, Rivervale Mall, The Atrium@Orchard, Clarke Quay, Bugis+ and Westgate (30 per cent).

    “We constantly reinvent and rejuvenate our malls with a view to reap future benefits for our unitholders,” said Tan in a statement.

    “We are pleased to update that Clarke Quay has completed its reconfiguration works at Block A. New-to-market brands include McGettigan’s, an authentic modern Irish pub from Ireland; Motorino, a popular pizza joint from New York; and Catch!, a new homegrown eatery offering fish and chips.

    “In addition, the asset enhancement works for IMM Building, Bukit Panjang Plaza and Tampines Mall have made good progress and are on track to be completed as scheduled.”

    CMT’s gross revenue grew 1.6 per cent year-on-year to S$167.3 million in the first quarter, mainly due to the completion of the second phase of the Bugis Junction refurbishment last September.

    Net property income increased three per cent to S$117.7 million.