Retail
Unit sales of tech and durables market drop 3% YoY in 1H23
Across subsegments, IT recorded the biggest drop in value in USD terms, falling -8%.
Unit sales of tech and durables market drop 3% YoY in 1H23
Across subsegments, IT recorded the biggest drop in value in USD terms, falling -8%.
Singaporean Gen Zs prefer online shopping
The age group has been seeing a steady increase in spending power.
Singapore’s Consumer Association launch accreditation scheme for online businesses
This comes as they received increasing complaints from Singaporean consumers.
Here are the top shopping apps in Singapore
NTUC Fairprice is the top app for e-commerce.
SG IKEA retailer posts 2.1% YoY revenue growth to $1.67b for 2023
Its revenue in Singapore declined by 2% during the period.
Here’s how to shield brands from bad reviews online
Singaporeans tend to browse products online before picking up items in the physical store.
Changi Airport extends contract with Shilla Travel Retail until 2028
The extension covers 22 outlets across Changi Airport's terminals.
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.
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