Retail
Chinese New Year boosts retail sales by 5.2% in February
Chinese New Year boosts retail sales by 5.2% in February
However, statistics also show that sales of food & beverage services dipped by 3.5% in the same month.
Digital initiatives, SME centre for Chinatown businesses launched
Businesses will be educated on the benefits of e-commerce.
Cross-border e-commerce key in retail sector recovery
The trend has surged due to international travel restrictions brought by the COVID-19 pandemic.
Consumers to continue buying products using brand websites: study
Around 55% have used a brand’s website in their path to purchase.
Consumer demand for sustainable products unmet: report
Singaporean consumers want to make greener choices.
Singapore online shopping sites web traffic increased amidst COVID-19: study
Web traffic in 2020 went up by 35%.
Online shopping surged amidst COVID-19: study
Three in 10 consumers reportedly shopped online for the first time.
Amazon.sg showcases 12 women-owned businesses for International Women's Day
A dedicated storefront will feature their unique products and stories.
January retail sales slip 6.1%
Most retail industries logged a decline in sales in January.
Singapore retail sales hit 24th month of contraction
This is amidst the 6.1% decline to $3.8b in January 2021.
FJ Benjamin, Lazada Singapore partner to boost online-offline sales
The brands have signed a memorandum of understanding.
Retail and industrial property market expected to recover in 2021
Retail rents in Orchard Road and Regional Centres declined 2.5% on average in H2 2020.
Daily Briefing: Shopee to enter Mexico online market via app launch; 7 workplace fatalities this month ‘extremely alarming': Zaqy Mohamad
And three former Shell employees charged with bribing vessel inspectors.
Singapore retail sales slipped by 15.3% in 2020
OCBC has forecasted that retail sales will rebound by 12.5% YoY in 2021.
CapitaLand, Shopee launch IMM virtual mall
It’s the first-ever virtual mall on Shopee’s platform.
Innovations on the rise in the retail market
Online shopping festivals and livestreaming are becoming the trend for e-commerce players in the region.
Shopee unveils new programmes, initiatives for Shopee Mall
Shopee Mall has housed more than 20,000 brands since 2017.
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