Courts

Don't Miss:

26/04/2024 Changi Airport Group awards OUE tender for lease and development of new hotel at Changi Airport Terminal 2 ( General )
26/04/2024 Korean Air to launch new route to Macau ( General )
26/04/2024 WhatsApp is working on an option to stop notifications when someone reacts to your status updates ( General )
24/04/2024 Puma to launch compostable shoes after a two-year pilot project ( Fashion )
24/04/2024 7-Eleven eyes 100,000 stores globally by 2030 ( General )
24/04/2024 Vietnam tops Southeast Asia in number of Apple suppliers ( Electronics )
24/04/2024 FPT and Nvidia to build $200M AI factory in Vietnam ( Electronics )
23/04/2024 Google Meet now lets users make annotations during presentations ( General )
22/04/2024 WhatsApp testing scheduling feature for easier event management in Communities ( General )
22/04/2024 EU set to approve Apple’s plan to open its NFC technology for rivals ( Electronics )
18/04/2024 Apple CEO Tim Cook says it is considering a manufacturing facility in Indonesia ( Electronics )
18/04/2024 Google Maps to show alternate transit and walking directions along with driving routes ( General )
17/04/2024 Apple releases iOS 17.5 beta 2 giving EU iPhone users more unique capabilities ( E-Tailing )
17/04/2024 WhatsApp rolls out new chat filters to help you locate unread and group conversations ( General )

Retail Asia15/01/2021

Home appliance megastore Courts will take over the prime retail space at The Heeren which was recently vacated by retail stalwart Robinsons and make the outlet its new flagship store. The flagship store will occupy all six storeys of The Heeren’s retail space, making it Courts’ largest outlet in Singapore when it opens in the […]

CONTINUE READING

Retail Asia29/07/2019

Courts Singapore has opened its first Internet of Things store at Funan mall. The 12,000sqft store houses Google’s first experience zone in Asia and another from Samsung. Consumers can try Google’s entire range of products in Singapore, from smartphones to the recently launched Nest Hub smart display, which is similar to a smart speaker but […]

CONTINUE READING

Retail Asia11/07/2019

COURTS Asia Limited today announced that Terry O’Connor, Group CEO, will transition into an Executive Advisor role with effect from 1 July 2019 and has resigned from the Board. With the acquisition of COURTS Asia Limited by Nojima Corporation now completed, Terry expressed his desire to relinquish operational responsibilities and support the Group in an […]

CONTINUE READING

Retail Asia13/02/2019

Takeover target Courts Asia had a forgettable third quarter, reporting a net loss of S$171,000 – a stark contrast to the $3.51 million profit for the same period a year earlier. The company blamed lower sales and gross-profit margins together with higher income tax expenses. Group sales fell 6.2 per cent to $175.3 million, largely due […]

CONTINUE READING

Retail Asia23/01/2019

Japanese electronics retailer Nojima Corp has launched a conditional takeover bid for Courts Asia. The deal is conditional upon Courts Asia’s majority owner Singapore Retail Group (SRG) agreeing to the deal. Offering 20.5 cents a share for the business, the offer represents a 35 per cent premium over the price shares were trading at before […]

CONTINUE READING

Retail Asia17/01/2019

Courts Asia is to close one of its Indonesian megastores. “The group decided to close the Courts Bumi Serpong Damai (BSD) City Megastore in Tangerang as it is historically not profitable and the group does not want to incur the high rental costs over the remaining lease term,” the retailer said in a statement. Courts […]

CONTINUE READING

Retail Asia14/11/2018

Singaporean electronics and furniture retailer Courts Asia has posted a net loss of SG$3.1 million (US$2.25 million) in its second quarter. The result is a reversal of a net profit of $1.5 million (US$1.09 million) during the same period last year. Courts Asia said in a statement that Malaysia revenue came under pressure after the […]

CONTINUE READING

Retail Asia17/08/2018

Electrical, IT and furniture retailer Courts Asia has narrowed a quarter-on-quarter loss following transformation work in its Malaysia operations. In its first quarter results, the company said its business in Malaysia had been hit hard by regulatory changes in the territory. The group’s profitability was impacted by the introduction of the Consumer Protection (Credit Sale) […]

CONTINUE READING

Retail Asia09/01/2018

Specialising in electronics, IT and furniture, COURTS Singapore has put more than a year into researching and redesigning its in-store experiences and omni-channel customer journey. The results are two recent announcements: the relaunch of its e-commerce website, built by e-commerce agency SmartOSC, together with the opening of its newly redesigned Megastore in Tampines, transforming the […]

CONTINUE READING

Retail Asia04/01/2018

Electronics, IT and furniture retailer Courts Singapore has relaunched its website and reopened its Tampines megastore after transforming it to offer customers an omni-channel experience. Built by e-commerce agency SmartOSC, the new Courts Online store has more than 17,000 SKUs and offers improved navigation and searching, plus faster checkout. New mobile-first and user-centric features connect […]

CONTINUE READING

Retail Asia10/11/2017

Courts Singapore has redesigned its flagship megastore in Tampines, offering a new immersive experience for customers. For the upgrade, the retailer of home electronics, IT and furniture products has put a particular focus on the needs of modern apartment living. With its official grand opening on Saturday, the store offers 136,000sqft (12,600sqm) over three floors, […]

CONTINUE READING

Retail Asia30/06/2017

Courts_Megastore2_by_Courts_Singapore_Facebook-1024x719.jpg

Despite the challenging retail landscape, Courts Asia more than tripled its profit for the full year ended March 31. Mainboard-listed Courts Asia took in earnings of S$23.7 million, up from S$6.8 million in the previous year. The company delivered a strong performance in spite of a slip in revenue, which fell 1.5 per cent to […]

CONTINUE READING

Retail Asia27/06/2017

Singapore-based tech retailer Courts has appointed a new boss for its operation in Indonesia. Joseph Greenway has been named as the new country CEO. Greenway rejoins Courts after two years as COO of Fantastic Furniture in Australia. Prior to that, Greenway spent 15 years at Courts in a variety of executive roles in Singapore and […]

CONTINUE READING

Retail Asia04/04/2017

The range of goods sold by Courts online has doubled as part of a revamp of its e-commerce business. The Singapore-based listed retail company also operates in Malaysia and Indonesia. Specialising in furniture and consumer electronics, Courts originally launched in 2012 with 7000 products. Now, through a partnership with e-commerce agency SmartOSC, the site now […]

CONTINUE READING

Retail Asia28/10/2016

biggest suburban shopping centre, Jurong Point, has been put up for sale with a price tag exceeding S$2 billion. This works out to more than S$3,000 per square foot based on the commercial net lettable area of about 658,000 sq ft that is being offered for sale by an equal joint venture between Guthrie GTS […]

CONTINUE READING

Retail Asia27/09/2016

Cashing In on the demand for Apple’s latest product, the iPhone7, retail giant Courts Asia recently announced that it would offer a competitive one-year service package that covers accidental damage and data recovery and a guaranteed 50 per cent trade-in value, if customers buy the phone from its shops. This is one example of efforts […]

CONTINUE READING

Retail Asia21/06/2016

Southeast Asia’s largest economy, Indonesia, is ranked the world’s fifth most-attractive market for retail investment in AT Kearney’s 2016 Global Retail Development Index. In previous years it has ranked in the top 20. It is an exciting time to be investing in Indonesia’s retail sector, the index says. The country scores 64.3 in market size […]

CONTINUE READING

Retail Asia19/02/2016

Electronics and furnishings retailer Courts Asia has reported a modest 0.3 per cent increase in profits for the third quarter – against a background of a stagnant domestic market. The company’s sales grew a healthy 6.1 per cent – mostly due to increased sales of high value electronics such as iPads and smartphones. Total revenue […]

CONTINUE READING

Retail Asia09/02/2016

When retail boss Terry O’Connor first joined Courts Singapore, he looked at its first managing director Christopher Wade and felt he could never emulate his record. Yet, he has done just that. Mr Wade is something of a legend around Courts. He was sent here to open its first store in 1974 and ran the […]

CONTINUE READING

Retail Asia05/02/2016

Furniture, home appliances and electronics. These are just some must-haves in every home but where’s the best place in Singapore to get them? AsiaOne wants you to tell us where is the best to go. AsiaOne People’s Choice Awards 2016 is constantly seeking to honour the best brands, services and products in Singapore. This year, […]

CONTINUE READING

About Retail News Asia

Retail News Asia is committed to providing local and global retailers with the latest news from the Asian retail market on a daily basis.

We have resources for everyone from independently owned business owners to online-only retailers and major chains expanding their reach throughout the Asian market. Retail News is “the news source” with over 50 weekly posts and 13,6 million readers.

CALL US ANYTIME

Most read

Retail updates

Stay up to date of the lates updates and retail news from Asia.

X