Singapore
Retail sales down 3.4% YoY in February
Retail sales down 3.4% YoY in February
Toiletries and medical goods recorded the most growth in retail sales.
Singapore Retailers Association elects Ernie Koh as new president
He will take over R Dhinakaran, who sat for three consecutive terms since 2016.
Around 9 in 10 S’poreans shop more online: report
A total of 70% of shoppers consider online shopping as indispensable from their daily life.
Shopback offers new cashless payment feature in Singapore
Shopback Pay was soft-launched in January.
Japan’s Nitori Retail enters Singapore
Its first store in the Lion City will open on 31 March.
UNIQLO to pilot curated space for female shoppers in SG
The flagship store for women will be located at the ION Orchard store in Singapore.
Singaporean shoppers don’t skip ads: survey
Most shoppers click on ads and buy products, Criteo found.
More than 60% of older consumers in SG still shop want in-store
This is even as more Singaporeans purchase in-app.
Cosmetics brand Etude House stops offline Singapore operations
The company will be operating in Singapore purely online.
Uniqlo to open 5 new stores in Singapore in 2022
It will include the first neighbourhood store along Ang Mo Kio Avenue 3.
KFC Singapore eyes 40% increase in breakfast sales in next 3 years
The fast-food chain will be increasing its ad spend to achieve this.
Una Brands acquires furniture brands ErgoTune, EverDesk+
The 8-figure deal is seen to speed up its global expansion.
Amazon SG, Watsons partner for storefront on Amazon.sg
This will launch an extensive product range and offer free scheduled delivery.
Swisse’s Tiktok hashtag campaign wins Digital Marketing Strategy of the Year Award
The campaign achieved 100 million views within three days of launching.
The future of Singapore retail is cross-border trade: Amazon
By 2026, e-commerce exports revenue is expected to skyrocket to $3.5b.
How SMEs can steer clear of the shipping shambles in the peak season
Demand for air cargo will likely rise at a faster rate than the supply until 2022, UPS said.
'Procrasti-shoppers': 16% of Singaporean adults shop on Black Friday due to boredom
Meanwhile, only 14% say they shop because of good value finds.
Commentary
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