The competition comes amid a challenging business environment for retailers here, said the organisers. - ST FILE
SINGAPORE: Three retailers will get up to a year of free rent in prime shopping mall space and monetary support to pilot innovative concepts, as part of a competition aimed at rejuvenating Singapore’s retail sector.
The first edition of the Retail Maverick Challenge – launched by Enterprise Singapore (EnterpriseSG) and asset management group CapitaLand Investment (CLI) on June 18 – is seeking out local retail brands with the most innovative store concepts.
