Retail
Motor vehicles lift Singapore retail sales by 1.0% YoY in July
Motor vehicles lift Singapore retail sales by 1.0% YoY in July
Excluding motor vehicles, sales would have dipped 2.3% YoY.
6 in 10 Singaporeans say seller location will matter less by 2030
The shift reflects Singapore's expectation of a more borderless retail future.
Business receipts in service industries rise 9.7% YoY in Q2 2024
Information and Communications led business receipts growth.
Isetan Singapore to suspend share trading on 29 August
The suspension follows court sanction over the scheme for the company's privatisation.
Where are the wealthy spending more?
A recent report shows that 68% of the affluent in Singapore and Hong Kong plan to spend more.
Sea Limited's Q2 net income declines 75.9% YoY despite revenue growth
In Q2, GAAP revenue rose 23.0% YoY.
Singapore retailers told to step up as RTS link with Johor Bahru looms
Shops should add value and cut costs to battle their lower-priced rivals.
Nearly half of Singapore retailers struggle with brand awareness
Ad and email fatigue emerged as the primary obstacle.
Retail sales dip 3.7% YoY in June amidst slow tourism recovery
Major events and cash handouts may boost retail sales.
Retail sales dip by 0.6% YoY in June
Excluding motor vehicles, sales would’ve suffered a deeper decline of 3.1% YoY.
Singapore sales professionals allocate only 29% of time to customer interaction
About 73% of sales teams have either fully implemented or are experimenting with AI.
DFI Retail Group profits more than double to $76m in H1 2024
The convenience and food divisions drove the increase.
43% of S’pore retailers struggle with brand awareness: survey
Ad and email fatigue amongst the main hindrances in building brand awareness for retailers.
Traditional advertising loses grip on Singapore's consumers
Nearly half of Singaporeans rely on word of mouth when it comes to shopping.
Sheng Siong Group’s net profit rises 6.8% YoY to $70m in H1
Higher revenue drove the increase
Stellar Lifestyle launches Staytion Lifestyle Centre at Dhoby Ghaut MRT Station
It will offer various services in beauty and wellness for commuters.
Survey reveals must-haves for online shoppers in Singapore
44% want an estimated delivery date.
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