Retail
Retail sales shrink for fourth straight month in May
Retail sales shrink for fourth straight month in May
Sales fell 2.2% with motor vehicles leading the decline.
Can retail underdogs take a bigger bite of Singapore's online grocery pie?
Despite only holding less than 7% grocery market share in 2017, RedMart and FairPrice will dominate the market in few years time.
Online grocery market in Asia to skyrocket 198% to US$295b by 2023
South Korea, Japan, and China are poised to have the most established online grocery market.
eBay to bridge more SMEs to 179 million-strong buyer base
It partnered with the Singapore Institute of Retail Studies to train SMEs in cross-border trade.
Revamped Funan kicks off
It will bank on experiential offering such as an urban farm and a futsal facility to drive footfall.
Chart of the Day: How much are Singaporeans willing to spend on shopping?
They spend $624 on average for in-store travel-related transactions.
Retail REITs stage turnaround
The threat from online shopping has eased as the share of e-commerce in total retail sales slowed to 5.4%.
FJ Benjamin Holdings gets 12-month extension to exit SGX watchlist
After booking pre-tax losses for three straight years, the retailer bounced back with $939,000 profit in FY2018/2019.
Here's why more than half of Singaporeans still prefer in-store shopping
They want to make sure they could test the product first, a study found.
TT International records three consecutive years of losses
It is at risk of being placed under the SGX-ST’s watchlist.
Hyperpersonalisation— the holy grail of retail
The retail sales (excluding auto) in Singapore has been declining since 2014 on an average of 0.2% per year, but the yearly decline is much faster in...
Retail sales slipped 1.8% to $3.5b in April
Only the apparel & footwear industry was able to post gains after sales rose 3.4%.
Shopee launches live streaming feature
It wants to allow viewers to directly engage with sellers.
Singtel unveils moveable unmanned 24/7 pop-up store
A roving live bot provides personalised phone and plan recommendations.
Consumers hold grudges after getting bad customer service: report
About 47% displayed negative buying behaviour two years or more after going through a bad experience.
Funan could bring in $16.5m of rental income to CapitaLand Mall Trust
Its retail segment and office segment are already pre-committed by 90% and 98%, respectively. CapitaLand Mall Trust could finally reap the benefits...
Indonesian e-commerce firm Bukalapak launches in Singapore
This will connect 4 million Indonesian sellers to the global market.
Commentary
Singapore’s AI ambition has an intelligence problem
Singapore is deploying AI at speed – and security risks are catching up
Precious metal boom is a stress test for Singapore’s gold ambitions
Singapore’s global dispute fault lines
‘Tokenmaxxing’ – The wrong AI race to run in Singapore
To outsmart modern fraud, we must first know the enemy
Why Singapore SMEs cannot wait for quantum cyber risk to arrive before securing data
Is Singapore's emphasis on long-term security and stability hindering purpose-driven employees?
When Singapore's agentic AI ‘chefs’ arrive, will the kitchen be ready for them?