Retail
How businesses can retain consumer loyalty
Research shows that loyalty programs can increase revenue from customs by 15%-25% annually.
More than 50% of Singaporeans want more local brands online: report
But, shoppers will only buy from brands with good deals and promotions.
What online shoppers will likely buy this holiday season
3 in four Singaporeans will make at least one online purchase a month.
The Unspoken Expectation From a Singapore Consumer With a Full Shopping Cart This Holiday Season
Singapore’s inflation rate may have eased slightly in October, but Singapore consumers will continue to be mindful of budgets and spending priorities...
Back to brick and mortar? 3 in 5 consumers say in-store shopping is irreplaceable
Consumers also plan to shop in-store during major sale events.
Refreshed gov’t digital plans to prioritise food service sector
There will be an enhanced 20 industry digital plans.
Black Friday Sale: Which products are on top of Singaporeans’ shopping lists?
Singaporeans spend $101 to $500 during the shopping event.
Chart of the Day: BNPL gains traction in Singapore
Buy Now, Pay Later saw a 109% YoY download growth in H1 2022.
Tourists, foreign residents accounted for about 50% of GST revenue in 2018 and 2019: Wong
The net annual GST during the period was around $5.7b.
Inflation could moderate retail sales growth in Q4 22: analyst
Experts said retail sales may expand 10% in 2022.
Retail sales growth moderates to 11.2% YoY in September
In August, retail sales grew 13.3% YoY.
CHART OF THE DAY: More than 2 in 10 services firms upbeat about business outlook
Only 14% of services firms are expecting worsening business conditions.
Frasers Centrepoint Trust reports DPU of 6.0911 cents for H2
Net income rose to $128.12m during the second half of its fiscal year.
Themed lifestyle stores gain ground in malls
Such stores include Daiso, Don Don Donki, Decathlon, and Muji.
Largest Coty digital store in Southeast Asia opens
The beauty company has launched the Hugo BOSS Fragrances on LazMall Prestige.
IKEA revenue in Singapore grows 6.5% YoY to $392m in FY2022
Workspaces and Bedroom furniture were the top earning categories.
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