Singapore

Sea Limited logs37.4% YoY net loss in Q1 2022

This is due to higher operating expenses and cost of revenue.

Convenience, traceability key to a better delivery service

Customers want more delivery options and visibility in the delivery process.

Carousell to acquire Singapore’s Refash

The acquisition will simplify the selling process for time-starved users.

Tailor-fitting retail stores to catch up on the digitisation race

Retailers would need over 200 hours to manually digitise their products, but Fairmart claims this could be trimmed down to zero.

Singapore’s retail growth to rely on essential spending: Fitch

Real household income growth is expected to be relatively modest in 2022-2026.

Auditing and the challenge of adapting

Jumping over the hurdles put by the pandemic can mean life or death for retailers and F&B, says RSM Singapore Partner.

Lazada One to open on 20 April

Its key tenants include Spotify, Zalora, Alibaba Group, and JustCo.

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.

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.