Singapore
The future of Singapore retail is cross-border trade: Amazon
By 2026, e-commerce exports revenue is expected to skyrocket to $3.5b.
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.
Only 1 in 4 Singapore boomers make purchases through social media
The major consideration for them is trust.
Singapore’s Courts Nojima launches second flagship at Orchard Road
The store is set to be the company’s biggest retail space in the country.
3 in 5 Singaporeans believe in-store shopping remains in style
Furthermore, 30% of consumers miss shopping in stores.
Grab and Lazada partner for on-demand same-day deliveries
The collaboration also offers more earning opportunities for Grab delivery partners.
Alibaba rolls out free return service for Singapore customers
Customers can now initiate a goods return request on its logistics platform.
UOB partners with Fave to transform rewards programmes
The new UOB Rewards+ intends to make rewards more straightforward, transparent, and engaging.
Carousell acquires sneakers-streetwear marketplace Ox Street
This move is in line with its goal to accelerate recommerce growth in SEA.
The Changing Face of Grocery Shopping in Singapore
The Covid-19 pandemic has driven the market and led to major shifts in consumer spending in the past 12 months. The grocery sector is one to watch, as more than half (54%) of Singaporeans spent more on groceries in the past 12 months, according to Worldpay from FIS’ 2021 Generation Pay research. The grocery boom is poised to continue, with 9 in 10 consumers expecting to spend the same or more on groceries in the upcoming year.
RedMart opens new fulfillment centre as grocery delivery demand rise
The 350,000 sq ft West Fulfillment Centre is worth close to S$100m.
E-commerce pushes SG REITs to rethink retail
Online shopping boom forces landlords to recalibrate tenant mix, incorporate digital channels.
SG-based business-to-consumer e-commerce exports valued at $1.4b
MSMEs account for at least 45% of this amount, according to an Amazon report.
Singapore retail landlords need to embrace digital channels as e-commerce booms
This is despite the prediction for overall retail occupancy to remain high.
Singapore B2C e-commerce exports to reach S$3.5b in 2026
This if MSMEs accelerate the use of e-commerce for their export sales.
Hettich inaugurates first Southeast Asian Experience Centre in Singapore
The centre aims to be a one-stop hub for innovative German quality furniture fittings.