Retail

World consumer spending gets a boost from lower petrol prices

15 out of 18 non manufacturing sectors grew through June, a sign that the world economy is back on track.

World consumer spending gets a boost from lower petrol prices

15 out of 18 non manufacturing sectors grew through June, a sign that the world economy is back on track.

Retail rent in Orchard/Scotts Road rises to S$40 psf

The gross rent of retail space in other city areas also grew by 0.6% to S$24.05 psf.

70% of Singaporeans are shopaholics

Shopping becomes a national pastime with 80% of Singaporeans unable to resist a good bargain.

Retail sales up 8.1% in April

But retailers of furniture and household equipment were not sitting pretty with sales dropping 1.4% compared to April 2010.

Charge it: Spending of MasterCard users in Singapore up 66%

Almost $50 million was spent by Singapore-based MasterCard cardholders during the first weekend of the Great Singapore Sale. This is a 66% increase...

Cheap Cheap: 98% of hawker stalls maintained prices in April

DOS’ latest Hawker Food Price Survey revealed only 32 surveyed stalls raised prices in April compared with March 2011.

Burned: License revoked after retailer sold cigarette to student in uniform

Ten other retailers face six-month suspension and fines for selling cigarettes to underage youth.

Metro profit down to $81.9 million

But they have higher revenue as the property and retail segments bring a whopping 16.1% increase in revenue to S$175.2 million.

Record monthly sales for Tamil Murasu

Looks like the revamp in 2010 is behind the sales surge to 18,700 copies a weekday.

Retail sales surge 0.8% in March 2011

Motor sales held back the growth of retail sales as retailers of motor vehicles reported a sales decline of 15.3 percent.

Meetarbhan, Bajpai join SMX Advisory Board

The SMX Advisory Board at SMX advises the Board of Directors and helps create a charter as well as roadmap to enable SMX to become the pan-Asian...

SMX CEO Thomas McMahon resigns

Thomas McMahon has decided to move on to pursue his personal interests within the industry.

OSIM net profit jumped 150% in 1Q 2011

They reported a PATMI of $20 million which exceeded street estimates.

SPRING Singapore invests $86mln to boost retail sector

The retail productivity plan aims to raise the nominal value-added per worker by about 25 % by 2015.

Strong labor market to boost retail sales in 2011

Retail sales will this year find support from good job prospects and rising wages, said HSBC.

Retail sales decreased 12.1% year-on-year in February 2011

On a month-on-month seasonally adjusted basis, retail sales decreased 3.6 per cent.

Singapore Mercantile Exchange to launch cash-settled gold, silver, copper futures contracts

This will be in contract sizes of 100 troy ounces for gold, 5,000 troy ounces for silver and 5 metric tons for copper.