Ysc3 Twincharged October 16, 2020 Author Share October 16, 2020 On 10/10/2020 at 1:00 PM, Jamesc said: I also suffering hard times. How to survive like that? Let me t tell you how to get thru..... At first I was afraid, I was petrified Kept thinking I could never live without flying by my side But then I spent so many nights thinking how it did me wrong And I grew strong And I learned how to get along. ↡ Advertisement 4 Link to post Share on other sites More sharing options...
Wt_know Supersonic October 16, 2020 Share October 16, 2020 (edited) 3 hours ago, Voodooman said: Business are supported by JSS and rental rebates this year, so some can still pay. Next year they cannot if revenue and social distancing don't go away, so how can rent bottom up early next year? Can someone enlighten me please??? https://www.businesstimes.com.sg/real-estate/singapore-retail-rents-may-bottom-out-by-early-2021-orchard-malls-still-leading-decline all looking for V shape recovery new normal liao wear mask, scan here scan there = life goes on people will go out to shop and dine hence, retail and f&b will pick up with fewer travel out ... more people will spend $$ locally Edited October 16, 2020 by Wt_know Link to post Share on other sites More sharing options...
Jamesc Hypersonic October 16, 2020 Share October 16, 2020 1 hour ago, Ysc3 said: Let me t tell you how to get thru..... At first I was afraid, I was petrified Kept thinking I could never live without flying by my side But then I spent so many nights thinking how it did me wrong And I grew strong And I learned how to get along. Link to post Share on other sites More sharing options...
Voodooman Supersonic October 16, 2020 Share October 16, 2020 10 minutes ago, Wt_know said: all looking for V shape recovery new normal liao wear mask, scan here scan there = life goes on people will go out to shop and dine hence, retail and f&b will pick up with fewer international travel out ... more people will spend $$ locally Really, retail and F&B revenue are back to pre Covid level? With thin margin even before Covid as landlords squeeze out all excess profits, even a 10-20% gap is hard to cover. 1 Link to post Share on other sites More sharing options...
Jman888 Moderator October 16, 2020 Share October 16, 2020 13 minutes ago, Voodooman said: Really, retail and F&B revenue are back to pre Covid level? With thin margin even before Covid as landlords squeeze out all excess profits, even a 10-20% gap is hard to cover. F&B more or less recover, if pre covid they were half occupied, at least now they look full and people queuing due to safety distancing retail still quite bad for some, fashion is one of them, with people wfh they dun need to replenish new clothing every month (yes, OLs in CBD replenish 3-6 pieces every month) 1 Link to post Share on other sites More sharing options...
Voodooman Supersonic October 16, 2020 Share October 16, 2020 1 minute ago, Jman888 said: F&B more or less recover, if pre covid they were half occupied, at least now they look full and people queuing due to safety distancing retail still quite bad for some, fashion is one of them, with people wfh they dun need to replenish new clothing every month (yes, OLs in CBD replenish 3-6 pieces every month) Thanks for sharing but with social distancing, previously you can seat 50, now you can only seat 35? That is 30% revenue gone forever. My usual 24 hours supper place told me they are operating until 2am these days as bo lang. So i really doubt F&B's revenue are back to pre Covid level. Next year how to survive with less JSS and rental rebates? 1 1 Link to post Share on other sites More sharing options...
Wt_know Supersonic October 16, 2020 Share October 16, 2020 (edited) 25 minutes ago, Voodooman said: Thanks for sharing but with social distancing, previously you can seat 50, now you can only seat 35? That is 30% revenue gone forever. My usual 24 hours supper place told me they are operating until 2am these days as bo lang. So i really doubt F&B's revenue are back to pre Covid level. Next year how to survive with less JSS and rental rebates? survival will be tough but your question is “bottoming out” ma which is also correct that the “worst” (100% lockdown) is over cannot be worst than lockdown some will survive some will close new normal will set in until covid is forgotten like sars Edited October 16, 2020 by Wt_know 3 Link to post Share on other sites More sharing options...
Throttle2 Supersonic October 16, 2020 Share October 16, 2020 Dont worry dont worry i work from home since 2015 still like that muayhahahhaha Link to post Share on other sites More sharing options...
Voodooman Supersonic October 16, 2020 Share October 16, 2020 1 hour ago, Wt_know said: survival will be tough but your question is “bottoming out” ma which is also correct that the “worst” (100% lockdown) is over cannot be worst than lockdown some will survive some will close new normal will set in until covid is forgotten like sars During lockdown, G paid for rental and 75% JSS, F&B still operating with delivery and takeaways. Lockdown may not be so bad for some F&B. Link to post Share on other sites More sharing options...
Voodooman Supersonic October 20, 2020 Share October 20, 2020 On 10/16/2020 at 8:00 PM, Wt_know said: survival will be tough but your question is “bottoming out” ma which is also correct that the “worst” (100% lockdown) is over cannot be worst than lockdown some will survive some will close new normal will set in until covid is forgotten like sars https://www.businesstimes.com.sg/asean-business/restaurants-and-catering-sector-preparing-for-new-normal-dbs-research Cut cost to survive? Wages will be cut with NWC endorsement, along with rental. Think serving size / portion also cut cut. Link to post Share on other sites More sharing options...
Staff69 Hypersonic October 20, 2020 Share October 20, 2020 (edited) Fret not, opportunities are around. Just have to open your mind, step out of your comfort zone and grab it. For Jamesc Edited October 20, 2020 by Staff69 1 Link to post Share on other sites More sharing options...
Jman888 Moderator October 30, 2020 Share October 30, 2020 slowly the bigger one closing down https://www.straitstimes.com/singapore/robinsons-to-close-stores-at-the-heeren-and-raffles-city?utm_campaign=STFB&utm_medium=Social&utm_source=Facebook&fbclid=IwAR3H3p3nbJeaOFO-ubqHAyGTNve6XxHQnqAsecROoo2v1MNss-ava-EAONM 2 1 Link to post Share on other sites More sharing options...
kobayashiGT Internal Moderator October 30, 2020 Share October 30, 2020 4 minutes ago, Jman888 said: slowly the bigger one closing down https://www.straitstimes.com/singapore/robinsons-to-close-stores-at-the-heeren-and-raffles-city?utm_campaign=STFB&utm_medium=Social&utm_source=Facebook&fbclid=IwAR3H3p3nbJeaOFO-ubqHAyGTNve6XxHQnqAsecROoo2v1MNss-ava-EAONM I don't think this is covid affected. I think is the e-commerce have eaten their market share. With 5G network, there will be more retail death. 1 Link to post Share on other sites More sharing options...
Jman888 Moderator October 30, 2020 Share October 30, 2020 Just now, kobayashiGT said: I don't think this is covid affected. I think is the e-commerce have eaten their market share. With 5G network, there will be more retail death. they still have many loyal uncle aunties customers, the Heeren outlet was not a good location though. 1 Link to post Share on other sites More sharing options...
13177 Supersonic October 30, 2020 Share October 30, 2020 14 minutes ago, Jman888 said: slowly the bigger one closing down https://www.straitstimes.com/singapore/robinsons-to-close-stores-at-the-heeren-and-raffles-city?utm_campaign=STFB&utm_medium=Social&utm_source=Facebook&fbclid=IwAR3H3p3nbJeaOFO-ubqHAyGTNve6XxHQnqAsecROoo2v1MNss-ava-EAONM Robinson also closed down! Link to post Share on other sites More sharing options...
13177 Supersonic October 30, 2020 Share October 30, 2020 7 minutes ago, Jman888 said: they still have many loyal uncle aunties customers, the Heeren outlet was not a good location though. Hopefully OG would not close down? Lol. Link to post Share on other sites More sharing options...
Mockngbrd Supersonic October 30, 2020 Share October 30, 2020 Lelong lelong Link to post Share on other sites More sharing options...
Mockngbrd Supersonic October 30, 2020 Share October 30, 2020 13 minutes ago, Jman888 said: they still have many loyal uncle aunties customers, the Heeren outlet was not a good location though. Heeren one was very nice. But... I go tangs instead cos of member rebate ↡ Advertisement 1 1 Link to post Share on other sites More sharing options...
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