# Singapore retail and F&B sector trends > Live situation record from CLSTR: https://clstr.news/situations/singapore-retail-and-fb-sector-trends > Updated: 2026-10-05T10:40:21.000Z. Sources: 5. Developments: 2. Singapore’s retail and food and beverage (F&B) sectors have experienced fluctuating performance amid shifting consumer and investment trends. In July, the F&B sector saw a 1.9% year-on-year decline in sales, with food courts and cafes experiencing significant drops. The broader retail sector also slowed to 1.5% growth in July, a deceleration attributed by analysts to cautious consumer sentiment, rising living costs, and a softer labor market. By August, retail sales showed a slight year-on-year increase of 0.7%, driven by strong demand for cosmetics, toiletries, medical goods, and telecommunications equipment. Despite this, a divergence emerged between shop-level and asset-level economics. While individual retailers face pressures from high rents and wages, there has been a surge in retail asset investments, with an estimated S$8 billion in assets changing hands. Investors are increasingly targeting retail properties for their defensive income and scarcity value. ## Timeline ### 2026-10-05: Singapore retail sales rise as asset investments surge Singapore saw a 0.7% rise in August retail sales driven by cosmetics and electronics, while retail asset investments surged toward S$8 billion this year despite tenant pressures. 4 sources. https://clstr.news/cluster/singapore-retail-sales-rise-as-asset-investments-surge ### 2026-09-09: Singapore F&B and retail sectors face slowdown amid cautious spending Singapore's F&B services sales fell 1.9% in July, though fast-food saw growth. Retail sales also slowed to 1.5% as rising living costs and labor market softness impact consumer spending. 2 sources. https://clstr.news/cluster/singapore-fb-and-retail-sectors-face-slowdown-amid-cautious-spending --- Cite as: Singapore retail and F&B sector trends. CLSTR, https://clstr.news/situations/singapore-retail-and-fb-sector-trends