Retail brands gain from expanding into F&B within shops

Some retail brands are seeing a 10 per cent jump in revenue, after expanding into food and beverage services within their premises. They told CNA that this has helped them to diversify revenue streams and even defray rising rental costs. The move comes as they face lower footfall amid competition with e-commerce and consumer behaviour shift to focus more on experiences. CNA’s Kate Low reports. Subscribe to our channel here: https://cna.asia/youtubesub Subscribe to our news service for must-read stories: Telegram - https://cna.asia/telegram WhatsApp - https://cna.asia/whatsapp Follow us: CNA: https://cna.asia CNA Lifestyle: http://www.cnalifestyle.com Facebook: https://www.facebook.com/channelnewsasia Instagram: https://www.instagram.com/channelnewsasia Twitter: https://www.twitter.com/channelnewsasia TikTok: https://www.tiktok.com/@channelnewsasia