Retail
'Procrasti-shoppers': 16% of Singaporean adults shop on Black Friday due to boredom
'Procrasti-shoppers': 16% of Singaporean adults shop on Black Friday due to boredom
Meanwhile, only 14% say they shop because of good value finds.
Only 1 in 4 Singapore boomers make purchases through social media
The major consideration for them is trust.
SG retail sales performance signify light at the end of the tunnel - OCBC
This is on the back of an unexpected 6.6% YoY increase in September.
Retail sales up 6.6% YoY to $3.4b in September
Computer and telecommunications equipment were up by 23.8% m-o-m.
1 in 4 services firms optimistic about the future
Meanwhile, 6% of services firms see a decline in business conditions.
Sheng Shiong net profit up 8.3% y-o-y to $34.4m for 3Q FY2021
Gross profit also saw a jump by 14.2% to $100.9m.
Amazon strengthens Singapore foothold with office launch
The new office is located in Asia Square.
CapitaLand China Trust’s net property income soars 81.1% in Q3
This is the company’s highest nine-month NPI since its listing in 2006.
CapitaLand and Shopee return with 11.11 campaign
The two companies continue to help digitalise SG's retail sector.
What would push Singaporeans to shop on Black Friday?
Adults will only shop if goods are discounted by at least 48%, survey says.
Recurring waves of infections slam retail's chance at recovery
Retail sector has experienced the “most disruptions” with the changing restrictions.
SG retail market recovery momentum hit by heightened alerts
Islandwide prime retail rents saw a dip by 0.6% q-o-q.
SG enforces vaccination-differentiated safe management measures
Establishments covered by this include shopping malls and large standalone stores.
Retail property investment sales jump five-fold to $0.6b in Q3
The surge was bolstered by two mega deals worth over $100m a piece.
E-commerce pushes SG REITs to rethink retail
Online shopping boom forces landlords to recalibrate tenant mix, incorporate digital channels.
SG-based business-to-consumer e-commerce exports valued at $1.4b
MSMEs account for at least 45% of this amount, according to an Amazon report.
Singapore retail landlords need to embrace digital channels as e-commerce booms
This is despite the prediction for overall retail occupancy to remain high.
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