Retail
Retail sales down 13.3% to $3.3b in March
Retail sales down 13.3% to $3.3b in March
Declines in retail industries selling discretionary items have widened.
Great Singapore Sale 2020 cancelled amidst pandemic
It was originally planned to be held from 29 May to 28 June.
UOL extends 50% rental rebates to eligible tenants for June-July
The group will reportedly grant over $50m in total relief package for its retail tenants.
Zalora rolls out environmental search filters
Customers can now search for eco-friendly products as demand shifts to sustainable commerce.
Sheng Siong Group's profit surged 49.4% to $29m in Q1
The group saw elevated demand as more people ate at home.
Dairy Farm's beauty and convenience business takes hit in Q1
Movement restriction policies led to store closures in China.
SPH divests convenience store chain Buzz
The group will retain its right to distribute its publication at Buzz outlets.
Fashion takes over sharing economy: Clothing rentals gain popularity
Since 2015, a number of clothing rental services have sprung up in Singapore’s retail scene.
Consumer spending growth may lag at 1.8% in 2020
Spending behaviour continues to show drastic changes.
COVID-19 is a wake-up call for our fragile supply chains
The coronavirus pandemic has proved a bitter pill for the world’s business leaders to swallow and one unlikely to digest any time soon.
How Handmade Heroes is carving a niche with natural skincare products
It has since grown its staff tenfold and expanded its working space by 25 times.
Home furnishing demand in Singapore doubled in February-March
Work from home arrangements fuelled growth in the sector.
Retail sales slump eased in March
Recovery is expected to continue but is inconsistent and could deviate until April.
Chart of the Day: Online grocery sales hit over $600m in February
It is tipped to steadily rise as most Singaporeans are encouraged to stay home.
ESG, ecommerce giants roll out Singapore E-Commerce Programme
The initiative will provide 90% support to retailers in domestic markets.
Food demand to shift to groceries, residential outlets and online delivery platforms
Outlets dedicated to dine-in customers will face challenges.
Enterprise Singapore to assist F&B sector with delivery orders
F&B outlets will no longer be allowed to provide dine-in services.
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