Retail
Recurring mega sales have their own dangers
Recurring mega sales have their own dangers
An expert from Intrepid warned against ‘shopper fatigue’ triggered by frequent large-scale shopping events.
ShopBack bags $111m in Series F funding round
This brings its total capital raised to over $319.36m
Chart of the day: Electronics is top millennial gift idea for the holiday
Four in 5 Singaporean millennials look for shopping ideas online.
1 in 2 Singaporeans say in-store shopping customer service is best
However, most prefer to purchase products through the internet.
Just another special occasion? How Singaporeans view Father’s Day
Some middle-aged Singaporeans are skeptical.
Here are the top sustainable shopping practices observed by Singaporeans
Consumers are doing more than just paying a premium for sustainable goods.
Nearly 9 in 10 shoppers are willing to pay more for sustainable products
Most shoppers expect the government to lead sustainability efforts.
ADA buys SingPost unit in APAC expansion
The company currently operates in Malaysia, Singapore, and 8 other markets in the region.
Retail sales full-year growth to hit 6%: analyst
In April, sales expanded by 12.1% YoY.
Chart of the day: Retail and F&B sectors recovers in Q1
F&B, however, weakened in February and March.
Chart of the day: 63% of Singaporeans prefer convenience stores to be unmanned
9 out of 10 Singaporeans want some retail stores to be unmanned.
Around 1 in 2 consumers are more inclined to visit unmanned stores
Unmanned stores are deemed safer due to contactless protocols.
Chart of the day: 67% of Singaporeans want ‘endless aisle’ option
Yet only 1 in 3 retailers offer this option.
4 in 10 business leaders diversify supply chain sources
The pandemic exposed weaknesses in the lean ‘just-in-time’ model, KPMG said.
Chart of the day: 42% of S’poreans willing to have their shopping data stored
However, this is only if retailers can give assurance on security and privacy.
Coty launches first-ever Chloé Fragrances e-commerce store
The digital store opening is in partnership with Lazada.
Domestic wholesales jump 5.1% QoQ in Q1
The increase was buoyed by expansions in several industries.
Read Here
Advertise
Sign Up
Commentary
Liquidity crucial to stock market reform
From ownership to access: Unlocking vehicle productivity in Singapore
Why Singapore schools need AI policies now: A chemistry teacher’s warning