Retail
No new stores, but Sheng Siong's net profit up 6.6% in Q1
No new stores, but Sheng Siong's net profit up 6.6% in Q1
The supermarket chain operator reported a $30.9m net profit despite unsuccessful plans to set up two new shops.
NTUC Fairprice: Building the grocery store of the future
What does the future of supermarkets look like in Singapore, and how will it change how you shop?
Homegrown retailer Naiise closes doors after disastrous financial year
Founder Dennis Tay is expected to file for personal bankruptcy.
Crowds gather as Lucky Plaza, Penninsula Plaza entry restrictions lifted
More people took advantage of eased restrictions to visit the popular shopping centres.
Retail sales to continue rebounding streak: OCBC
February saw a positive 5.2% boost in retail sales, when compared to the same time period last year.
Chinese New Year boosts retail sales by 5.2% in February
However, statistics also show that sales of food & beverage services dipped by 3.5% in the same month.
Digital initiatives, SME centre for Chinatown businesses launched
Businesses will be educated on the benefits of e-commerce.
Cross-border e-commerce key in retail sector recovery
The trend has surged due to international travel restrictions brought by the COVID-19 pandemic.
Consumers to continue buying products using brand websites: study
Around 55% have used a brand’s website in their path to purchase.
Consumer demand for sustainable products unmet: report
Singaporean consumers want to make greener choices.
Singapore online shopping sites web traffic increased amidst COVID-19: study
Web traffic in 2020 went up by 35%.
Online shopping surged amidst COVID-19: study
Three in 10 consumers reportedly shopped online for the first time.
Amazon.sg showcases 12 women-owned businesses for International Women's Day
A dedicated storefront will feature their unique products and stories.
January retail sales slip 6.1%
Most retail industries logged a decline in sales in January.
Singapore retail sales hit 24th month of contraction
This is amidst the 6.1% decline to $3.8b in January 2021.
FJ Benjamin, Lazada Singapore partner to boost online-offline sales
The brands have signed a memorandum of understanding.
Retail and industrial property market expected to recover in 2021
Retail rents in Orchard Road and Regional Centres declined 2.5% on average in H2 2020.
Read Here
Advertise
Sign Up
Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform