Retail sales slipped 1.8% to $3.5b in April

Only the apparel & footwear industry was able to post gains after sales rose 3.4%.

Retail sales dipped 1.8% YoY in April to about $3.5b, of which online retail sales made up an estimated 5.4%, data from the Department of Statistics Singapore (SingStat) revealed.

Most retail industries recorded lower sales in April led by computer & telecommunications equipment, and furniture & household equipment industries which registered sales declines of 6.7% and 6.5% respectively, due partly to lower sales of mobile phones and furniture.

Similarly, sales of food retailers, the optical goods & books industries and department stores decreased between 3.1% and 3.5% compared to April 2018.

The wearing apparel & footwear industry was the only segment which witnessed a YoY sales growth of 3.4%, due partly to higher demand for bags & footwear.

Meanwhile, sales of food and beverage (F&B) services rose 3.1% YoY to $826m, compared to the $801m reported in 2018. Fast food outlets, food caterers and other eating places such as cafes, registered growth in turnover of between 3.6% and 8.2% YoY in April. Sales of restaurants increased a marginal 0.1% during the same period.

Also Read

Changi Airports and Hainan Meilan form JV for non-aero services

F&B brands remain key drivers of retail leasing in Q3

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit