Retail
Retail sales growth to moderate to 1.0% YoY in 2024: expert
Last year, retail sales grew 2.3% YoY.
Retail sales drop 0.4% YoY in December
Month-on-month, sales fell by 1.5%.
Loyalty- and tech-driven strategies key to effective returns management
Experts vouch for third-party services to leverage the potential of return policies.
Gov’t names fair tenancy committee members as measure on retail leases takes effect
The new members will serve the committee for two years in their first term.
FairPrice Group to extend store operating hours for Chinese New Year
Over 60 stores will operate for 24 hours on 8 February.
Prime retail rents to rise up to 4% in 2024: Knight Frank
Improving tourist arrivals and tight occupancy in prime locations will support the sector.
Sustained growth seen for SGX-listed F&B operators, says expert
Coffee chain Kimly is RHB’s top pick.
90% marketplace traffic generated by mobile users
In-store retail media’s ad spend of $240 million in 2023 will triple by 2027.
Customers more confident to shop in accredited e-businesses
The Consumers Association of Singapore (CASE) has launched the CaseTrust Accreditation Scheme for E-businesses, co-developed with Nanyang Polytechnic...
Stronger year ahead seen for retail S-REITs on Singapore tourism rebound
Recovery is particularly robust for landlords with a Singapore-focused, suburban portfolio.
Jewel Changi Airport unveils new retail cluster
The new retail cluster features six local brands.
Singapore’s retail sales to rebound on year-end festivities, concerts: expert
Retailers can look forward to more spending this holiday season.
Retail sales drop 0.1% YoY in October
Month-on-month, sales fell by 0.8%.
Retail job postings jump 9.2% in Singapore
The number of job seekers looking for opportunities in the retail sector also increased.
Skipping the Festive Frenzy: 3 in 10 Singaporeans forego seasonal shopping
Of those who shop for the holidays, 28% do so 3-4 weeks early.
CCCS to fund study on greenwashing in e-commerce websites
Five in 10 online products have vague environmental claims.
How brands can avoid inauthentic nostalgia marketing
A GlobalData expert flag inauthenticity in using throwback marketing and cite brand campaigns that are winning hearts.
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