Retail
Changi Airport Group announces loyalty programme updates
Changi Airport Group announces loyalty programme updates
It aims to give enhanced benefits for Gold and Platinum members.
GST rate hikes: How have they influenced spending habits?
In January, the government raised GST to 9%.
TikTok unlocks cross-border trade for Singapore retailers
Influencer videos that go viral help sell products across the globe.
Stellar Lifestyle opens Hive Express at Raffles Place MRT Station
The new space builds on the success of Hive 2.0.
Expert warns of constrained retail growth as tourism receipts normalise
Retail sales remained weak in July, with a modest 1.0% YoY rise.
Motor vehicles lift Singapore retail sales by 1.0% YoY in July
Excluding motor vehicles, sales would have dipped 2.3% YoY.
6 in 10 Singaporeans say seller location will matter less by 2030
The shift reflects Singapore's expectation of a more borderless retail future.
Business receipts in service industries rise 9.7% YoY in Q2 2024
Information and Communications led business receipts growth.
Isetan Singapore to suspend share trading on 29 August
The suspension follows court sanction over the scheme for the company's privatisation.
Where are the wealthy spending more?
A recent report shows that 68% of the affluent in Singapore and Hong Kong plan to spend more.
Sea Limited's Q2 net income declines 75.9% YoY despite revenue growth
In Q2, GAAP revenue rose 23.0% YoY.
Singapore retailers told to step up as RTS link with Johor Bahru looms
Shops should add value and cut costs to battle their lower-priced rivals.
Nearly half of Singapore retailers struggle with brand awareness
Ad and email fatigue emerged as the primary obstacle.
Retail sales dip 3.7% YoY in June amidst slow tourism recovery
Major events and cash handouts may boost retail sales.
Retail sales dip by 0.6% YoY in June
Excluding motor vehicles, sales would’ve suffered a deeper decline of 3.1% YoY.
Singapore sales professionals allocate only 29% of time to customer interaction
About 73% of sales teams have either fully implemented or are experimenting with AI.
DFI Retail Group profits more than double to $76m in H1 2024
The convenience and food divisions drove the increase.
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