Retail
Retail sales fall 2.9% YoY in December
Retail sales fall 2.9% YoY in December
The total retail sales value for December was estimated at $4.6b, with 13.4% of sales coming from online transactions.
Singapore’s in-store cafés may soon reach their limit
If every retailer has its own café, it becomes just part of the crowd.
Strong supermarket outlook driven by positive retail consumption trends
The segment is growing driven by cost efficiencies and new outlets.
Prime retail rents rise by 3.0% YoY in Q4 2024
Rents in Marina Centre, City Hall, and Bugis recorded the highest YoY increase.
What Singaporeans are spending on this Chinese New Year
Food-related expenses make up the largest portion of their spending plans.
LMIRT may not meet minimum interest coverage ratio for FY2024
No financial impact is expected from the potential breach.
From Labubu to Moo Deng: The role of microtrends in retail success
Success in leveraging microtrends relies on two key factors.
Duty Free’s net profit soars to $12.6m in Q3 2024
Revenue also increased by 6.3% to $12.5m.
Retail sector faces headwinds despite expected early 2025 boost
Expected GDP easing to affect retail sales growth this year.
Retail sales decline 0.7% YoY in November as key sectors show mixed performance
Excluding motor vehicles, sales would slip further by 1.4% YoY.
1 in 4 Singaporeans keen to save more money in 2025 – NielsenIQ
Retail discounts will drive spending decisions in 2025.
Suburban retail to outperform central malls in 2025
Tourist downtrading trend and high SGD rates are slowing central malls growth.
Xiaohongshu, Taobao could help Singapore brands reach more Chinese clients
Retailers less familiar with the China market could start with Tmall and JD Worldwide.
Retail sales rise 2.2% YoY to $4.1b in October
Driven by stronger online sales with 12.7% share.
Amazon invests $2b in Singapore to boost services in 2023
This funded improvements in infrastructures and additional jobs.
Zebra Technologies, Singapore Manufacturing Federation sign deal to enhance SME growth
The partnership will include training programmes and knowledge sharing.
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