The FTIC Code: What Retailers Need to Know Before Signing a Lease
/0 CommentsFor retail businesses in Singapore, signing a lease is one of the most critical decisions affecting financial sustainability and long-term success. To promote fair leasing practices, the Fair Tenancy Industry Committee (FTIC) has introduced the FTIC Code of Conduct for Leasing of Retail Premises. This guide will help retailers understand the FTIC Code and how to apply […]
Negotiating a Fair Tenancy Agreement: 10 Best Practices for SMEs
/0 CommentsFor SMEs in Singapore, securing a fair tenancy agreement is vital to maintaining financial stability and operational flexibility. The right lease terms can help retailers avoid unnecessary expenses and disputes. Here are ten best practices to help SMEs negotiate better tenancy agreements. 1. Understand the Code of Conduct for Retail Leasing Singapore’s Code of Conduct […]
How Malls Can Stay Relevant Amid the Rise of Online Shopping
/0 CommentsThe rise of online shopping has radically changed the retail landscape. E-commerce giants like Amazon and Shopee have made it easier for consumers to shop from the comfort of their homes, putting traditional brick-and-mortar retailers under pressure. As a result, shopping malls are facing a challenge: how can they stay relevant in this digital age? […]
