Singapore
Retailers offset volume sale reduction through omnichannel approach
Retailers offset volume sale reduction through omnichannel approach
Singapore ranks as the most suited Asian economy for e-commerce.
GoSpree platform ready to take off on 9.9
eGSS participants start promoting deals at their eCommerce stores.
Weekly News Wrap: American department stores in their ‘last' stages; US convenience stores pivot to e-selling
And women’s retailer J. Jill has days to avoid bankruptcy. From CNBC:
Clarins opens new Singapore boutique
The kiosk offers a full range of products.
Five focus areas for retailers beyond the GSS
The iconic Great Singapore Sale (GSS) goes online this year as the retail industry creates a “new normal” shopping experience amid the COVID-19 pandemic. This may well be a sign of more disruption to come as consumer habits evolve and retailers recalibrate their business strategies.
UNIQLO launches mask brand in Singapore
It employs a triple-layer structure, and is machine washable.
Changi Airport launches deals on online shopping platform
Flash vouchers of up to $118 can be redeemed every Monday.
Ecommerce giant Lazada reinvents online shopping through LazLive
LazLive is its in-app live streaming feature which allows users to interact in real time.
Starbucks rolls out two plant-based food items in Singapore
It will be available in stores and through delivery.
Amazon expands anti-counterfeit service to Australia and Singapore
Over 10,000 brands have enrolled in its Project Zero.
Koufu Group's profits plunged 82% to $1.85m in H1
Its outlet and mall management segment saw lower fixed and variable rental income.
Weekly News Wrap: SEA to see 310 million digital consumers by end-2020; China's July auto sales up 16.4%
And here are the recent shifts in India’s spending habits.
Omnichannel retailing set to take off in Asia
As consumers expect retail omnipresence, traditional shops will evolve to offer services beyond retail.
Weaker sales haunt Singapore's retail sector in coming months
Tourist arrivals are unlikely to grow in the coming months.
Singapore retail sales down 27.8% in June
Department stores saw the largest drop in sales.
Thriving on peak sales: how to handle stress like a boss
Around the world, major sale events like Singles’ Day, Black Friday, Cyber Monday and many others have delighted consumers and drove massive spending behaviour. Lured by the prospect of major savings on marquee brands, we have all at one point frantically clicked to add items to our online carts. In Asia Pacific, Singles’ Day in particular has reshaped the region’s eCommerce landscape and increased the prominence of online retailers. A major worldwide shopping festival turned cultural phenomenon, Singles’ Day and similar spinoffs (9.9 sale, 10.10 sale and 12.12 sale) have helped to catalyse the region’s shift towards eCommerce, luring consumers online with attractive promotions, steep discounts, and offers that are just too good to pass up.
Sheng Siong's profits soared 98% to $54.41m in H1
The company saw elevated consumer demand in Q2.