Bumpy road ahead for S’pore retail, F&B firms

While there have been closures in both sectors in 2023, there are still others who see plenty of opportunities in the new year. — The Straits Times

SINGAPORE: Retailers and food and beverage (F&B) operators here are facing a challenging 2024, with cost of living issues and an uncertain outlook for tourism and the economy, but some firms are still willing to take a chance.

While there have been closures in both sectors in 2023, there are still others who see plenty of opportunities in the new year.