Retail
Physical stores vs e-commerce: Which do Singaporeans prefer?
Physical stores vs e-commerce: Which do Singaporeans prefer?
Over half of Singaporeans want to shop in-store and finish online, or vice versa.
Singapore e-commerce generated $2b of Singapore's GDP in 2022: report
The country ranked amongst the top 20 most entrepreneurial countries.
Retail sales soar 4.5% to $4.1b in March
13.0% came from online retail stores.
Singapore's private consumption to recover in 2H23
RHB expects a 3.8% YoY consumption growth.
Why 'shrinkflation' is dangerous for F&B operators
Inflation is expected to remain high at 4.6% in Singapore.
CASE, Shopee collaborate to protect consumer rights
The collaboration launched a programme that ensures a safe and reliable user experience online.
Retail sales decline shows end of revenge spending in holidays
Transactions went down 18.7% to $3.1b in February.
SG retail capital value growth remains stable
But expect rents to grow and underpin retail asset prices.
Singapore’s technical consumer goods market grows 2.4% in 2022
BNPL schemes pushed consumers to buy goods amidst rising prices.
New mall openings boost leasing activity for retail in Q1 23
The demand stemmed from food & beverage operators.
9 in 10 consumers will reward brands that protect their data: survey
One way that consumers reward brands is through positive app store reviews.
1 in 3 consumers want reusable packaging for online purchases
Some who opted for reusable packing did so due to incentives.
Retail sales grew 12.7% YoY in February
The Chinese New Year festivities contributed to the growth.
Consumers crave human connection amidst era of automation
Businesses should balance automation with personal care, says Euromonitor International.
On hold? About 5 in 10 Singaporeans complain about unresolved customer service issues
Organisations risk more than 5% of their sales with poor customer service.
E-commerce adoption growing amongst the silver generation: survey
Seven in 10 seniors have integrated e-commerce into their daily routine.
8 in 10 consumers are rethinking spending
Four industries will be most affected by this change.
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