Retail
Here’s how Gen Z consumer preference reshapes APAC’s marketing landscape
Gen Z consumers are observed to purchase based on pleasure and purpose, whilst being conscious of cost and convenience.
Here’s how Gen Z consumer preference reshapes APAC’s marketing landscape
Gen Z consumers are observed to purchase based on pleasure and purpose, whilst being conscious of cost and convenience.
SBMA introduces Retail Gold Investment Committee
This is in collaboration with the World Gold Council and will be chaired by Silver Bullion.
Analysts still optimistic on retail despite April sales slump
Sales were down 1.2% YoY in April.
Retail sales drop 1.2% YoY in April
Excluding motor vehicles, sales would have fallen 4.5% YoY.
Credit card dominance in Singapore to wane by 2027 with digital wallet rise
Digital wallets will dominate 50% of online transactions and credit card spending will fall to 32% in three years.
The Hour Glass's profit after tax drops 10% to $157.6m in FY24
New Zealand’s tax changes impacted profit.
Cortina's profit falls 20% to $61.1m on higher costs, exchange rates
With lower profits, the company reported a profit per share of $0.369.
Singapore retailers slow to adopt self-checkout
Less than two in 10 retailers offer such feature.
DFI Retail forecasts US$180m-US$220m FY24 profit
The company maintained its forecast despite strong 1Q24 growth.
ION Orchard marks 15 years as a premier retail destination
The mall is proactive in conducting surveys to identify trends and optimise its tenant mix.
Islandwide private retail vacancy rate hits 10-year low
Vacancy rate fell to 6.6% in 1Q24.
Petroleum sales slump drives 1Q24 domestic wholesale trade decline
Sales of petroleum and petroleum products dropped 21.0% YoY.
Singaporeans opt for gifts and outings on Mother's Day
Four in 10 picked gift-giving as an ideal way to mark the special day.
Why retail sales fell despite expected boost from Taylor Swift shows
Retail sales fell 1.0% MoM.
Retail sales rise 2.7% YoY in March
On a month-on-month comparison, however, sales fell 1.0%.
Retail space stocks grow by 19,000 sqm in Q1 2024
Retail space prices rose by 1.8% this quarter from 1.2%.
Sheng Siong net profit up 8.9% to $36.3m in 1Q24
The supermarket attributed the increase to better sales.
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