Retail
Experts suggest 3 strategies to capture Singapore’s ‘e-window shoppers’
Retailers are advised to use chatbots, provide try-on tools, and show inventory to make online shopping more convenient.
Experts suggest 3 strategies to capture Singapore’s ‘e-window shoppers’
Retailers are advised to use chatbots, provide try-on tools, and show inventory to make online shopping more convenient.
Cost-of-Living support package to boost retail sales
For 2023, UOB expects retail sales to grow by 3.5%
Best World Limited to SGX: Dividends were undeclared due to uncertain China revenue
It clarified that it paid out more than $121m in dividends from 2004 to 2009.
Retail sales climb 4.0% YoY in August
Month-on-month, sales improved by 1.7%.
How APAC brands can improve connections with consumers globally
Experts advise analysing market complexity by considering laws, political risks, and cultural references of the market they want to enter.
4 in 10 SHEIN users prefer buying from sustainable brands
The ultra-fast fashion business has long faced criticism over its environmental impact.
More than 70,000 jobhunters want a career in retail: job portal
It exceeded 2019 levels for retail job applications.
Singaporeans are least likely to follow influencers amongst Southeast Asian peers
Only 39% of Singaporeans follow influencers.
Carousell Campus launched to enhance recommerce capabilities
It will improve brands’ authentication and inspection.
H&M makes fashion statement with sustainable facade at revamped Orchard store
The company used ‘i-Mesh’ fabric as the store’s facade, marking a first in Southeast Asia.
Seven in 10 consumers are enthusiasts of loyalty programmes
Gen Z and millennials are most likely to avail of these programmes.
More than 5 in 10 online shoppers want sustainability info on products
Sustainability info affects the purchase decisions of eight in 10 consumers.
Local artisans initiative reaches over 150 homegrown brands
The third phase targets to expand their reach internationally.
Retail sales flatline in July but expects rebound in H2
However, outside factors like negative job market conditions could put a drag on its growth.
Retail sales climb 1.1% YoY in July
Month-on-month, sales improved by 0.6%.
Dasin Retail Trust receives demand notice over onshore facility loan default
The around $67.3m loan facility matured on 31 December 2022.
Recovery of retail rents to be uneven: analyst
Experts forecast a slower increase of 2.0% YoY for the Suburban Area.
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