After spending the past half-decade expanding in Singapore, Pop Mart opened its new stand-alone store directly opposite Universal Studios Singapore. The two-floor space houses Pop Mart on the ground floor and its Pop Bakery line upstairs. Pop Mart has opened a new store in Sentosa, Singapore. Photo: Handout“The Sentosa store represents the future form of retailing for Pop Mart, with mixed-type offerings,” said Jeff Zhang, a senior equity analyst for Morningstar. Besides Pop Bakery, Zhang pointed out, the company has multiple levers to pull, including theme park operations, films, games and licensing income.