Retail
How getting personal can help brands win customers
Two-thirds of consumers think negatively of brands that use stereotypes to engage them.
How getting personal can help brands win customers
Two-thirds of consumers think negatively of brands that use stereotypes to engage them.
How brand conscious are shoppers? Majority says they stick to brands they like
Two in 10 consumers are brand followers.
SPH REIT’s NPI rises 3.5% YoY to $209.7m in 12M FY22
Given the increase, the REIT declared a 2.2% YoY higher distribution per unit of $0.052.
Upcoming major events to drive up retail sales: UOB
The analyst expects retail sales post full-year growth of 8.5%.
Retail sales growth moderates to 13.0% YoY in August
In July, retail sales grew 13.9% YoY.
38% of consumers will spend 20% more on brands that offer conversational messaging
Amongst messaging apps, Singaporeans prefer Whatsapp to engage with brands.
Consumer price index up 7.5% in August
Transport prices were over 20% higher than a year ago.
Chart of the day: 1 in 6 says celebrity endorsements influences their purchases
36% said they are on the fence when it comes to celebrity endorsement.
Chart of the day: Singaporeans shop at double the online platforms than last year
However, offline channel purchases are slowly growing.
Chart of the day: 1 in 6 most likely to consume works of controversial celebs
Younger consumers are most likely to be intrigued by controversial celebs.
Singaporeans need to save 7.6 days’ of salary to afford the iPhone 14 Pro
Globally, the Swiss are the most able to afford the iPhone.
Why retail sales growth is slowing down
Retail sales growth moderated to 13.7% YoY in July from 14.8% YoY in June.
Retail sales growth moderates to 13.7% YoY in July
In June, retail sales grew 14.8% YoY.
Some F&B operators, retailers unfazed by rising rents: Savills
It sees retail rents in Prime Orchard up by 3% year-on-year.
ShopBack converts an old school building into a university-like workplace
The purpose of this is to promote continuous learning amongst its employees.
Singaporean's use of credit cards for cross-border shopping declines by 11%
It is still, however, the most used payment method when shopping outside SG.
Declining consumer demand, inflation to bite retail sales’ full-year growth: RHB
Retail sales are expected to grow 10% in 2022 from 11.1% in 2021.
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