Singapore

PJ SOLOMON appoints Matthew Rubel as senior advisor to Global Retail Group

Investment banking advisory firm PJ SOLOMON recently announced the appointment of Matthew Rubel as a senior advisor to the firm.

Cashing in on the 2018 US-North Korea summit

To memorialise the historic US-North Korea Summit this year, The Singapore Mint, which has been documenting history through minted coins and medallions, unveiled three commemorative gold, silver and base-metal medallions.

The Great Singapore Sale returns

The Great Singapore Sale (GSS) 2018 kicked off its 25th anniversary on June 8 with a three-day carnival in the heart of the republic’s shopping belt Orchard Road with celebrity hosts and performing artistes such as Y&Z, Jack and Rai, Joie Tan, and The Unemployed.

WAMAS Labour & Resource Management system brings transparent productivity

Warehouse and logistics systems solutions provider SSI Schaefer is launching the new WAMAS LRM (Labour and Resource Management) system -- the latest addition to the range of successful IT services based on proprietary logistics software WAMAS developed by SSI Schaefer.

Plaza Singapura unveils ‘Jurassic World: Fallen Kingdom' Adventure

In collaboration with the upcoming release of epic action-adventure film, Jurassic World: Fallen Kingdom, dinosaurs will return to the Plaza Singapura -- a lifestyle mall along Orchard Road in Singapore.

Desigual store in Orchard Road reopens with new design concept

Spanish clothing brand Desigual recently reopened its Orchard Road store, the first in Singapore to get the new design concept, which offers a customer-oriented shopping experience, according to the company.

WhereIsWhere expands to over 1,500 retail locations in Singapore

Since launching for merchants in February this year, WhereIsWhere, Singapore’s first free location-based discovery platform connecting bricks-and-mortar retailers to nearby consumers, has crossed more than 1,500 Singapore locations.

CarPal Fleet presents machine learning-powered software solution for logistics players

On-demand delivery service provider CarPal has rolled out an advanced version of its product to help accelerate businesses with the right tools and empower them to deliver the best delivery experience to their customers.

Singapore mall hosts space-themed events

White Sands, located in the heartlands of Pasir Ris in Singapore, will be running The Starmazing Space Adventure from 25 May to 30 June 2018. This space-themed campaign is built in collaboration with schools nation-wide for shoppers and space enthusiasts to learn about outer space, constellations, planets and the universe. The mall will offer a range of activities such as shopper giveaways and a unique indoor space exhibit made from balloons and lights.

Pre-GDPR, new consent-based data model by SAP launched

Multinational software corporation SAP SE has released SAP Customer Data Cloud solutions from Gigya, a solution based on a consent-based data model, that helps businesses nurture trusted relationships with customers by providing them more transparency and control over the use of their personal data, according to the company.

Singapore's Carro closes US$60m in Series B funding

South-east Asia’s automotive marketplace Carro announced the close of US$60 million in Series B funding. The deal was co-led by Softbank Ventures Korea, Insignia Ventures Partners and B Capital Group, with participation from the family office of Manik Arora (founder of IDG Ventures India). Existing investors Venturra, Singtel Innov8, Golden Gate Ventures and Alpha JWC also participated in this round of fundraising.

Naspers sells stake in Flipkart

South Africa-based global internet and entertainment group Naspers Limited recently announced the sale of its 11.18% stake in Indian e-commerce company Flipkart, to US-based retailer Walmart for US$2.2 billion.

IH+HS 2018 a veritable expo for sourcing Smart products

Many customers today, especially millennials, wax lyrical on all things online and connected but the truth is that the majority of consumers still prefer to physically touch, feel and experience products before making the final decision to purchase. And this was so for the thousands of retailers and distributors from 125 countries pacing the halls at McCormick Place, Chicago, USA, to view, touch and test the exhibits at this year’s International Home + Housewares Show. Andrew Yeo reports.

Asian online consumers expect free shipping, will shop globally for better options via smartphones

AS more shoppers in Asia buy online, their rising expectations amidst a competitive retailer landscape is driving increased demand for free shipping, expedited deliveries and customer centric return policies to be offered as the standard, according to the UPS Pulse of the Online Shopper study.

Study reveals nearly half of brands lose sales to counterfeiting

NEW research from US software company MarkMonitor revealed that almost half (47%) of brands lose sales revenue to counterfeit or pirated goods, with one in three reporting a loss of more than 10%.

Ramadan online shopping: Engage shoppers two weeks before Eid al-Fitr to enhance retail sales

A robust mobile strategy is a must as more consumers turn to mobile apps to shop during Ramadan.The global halal industry is projected to surpass US$1 trillion in size by 2030.