Retailers say shopper-traffic dipped the worst in Singapore F1’s 3-year run

Some retailers in malls affected by road closures because of the Singapore Grand Prix have complained that shopper-traffic during the Formula One weekend dipped the worst in the event’s three-year run.

This was despite the Circle Line rail network offering shoppers a new access to Marina Bay.

Mohammad Ariff, manager of Digi-Tech Exchange at Suntec City Mall, said: “For our shop, business has dropped 60 to 70 percent. Roads have been closed, so people are avoiding this area and even if they are here using the Circle Line, they are here for the (Formula One) event and not for shopping.”

Other shops, however, told a different story.

Ben Eu, shop owner of Kasia Mobile at Suntec City Mall, said: “We have an increase in sales because of a lot of tourists…..the Russians came into our shop and bought 12 iPhones at one go.”

One retailer suggested shifting the Singapore Grand Prix to a quieter place. “Maybe they can try shifting the race to another place like Sentosa or Tuas – somewhere quieter, away from everything,” said Cheryl Chin, brand executive for nicholas, a shop in Marina Square Shopping Mall.

Source : Channel NewsAsia – 28 Sep 2010

Join The Discussion

Compare listings