Singapore’s retail sector is going through a rough patch. As the economy slows, shops are being boarded up and retail rents are falling. And yet, amid this gloom, consumers continue to spend – though there is a shift in the pattern and quantum of their…
With the relevance of the Great Singapore Sale (GSS) in doubt, going by falling retail sales, questions have been raised about what went wrong with the sale. Many consumers have pointed out that the annual sale of 23 years is not that great, as the discounts…
Japan and China holds the potential to be the strongest source market for Singapore during the Great Singapore Sale (GSS) period, which comes to a close this weekend, according to findings by market research consultancy Kadence Singapore. Respondents from…
The Great Singapore Sale (GSS), which starts on Friday (June 3), has been extended from eight to 10 weeks this year to cater to tourists from the region. And for the first time, UnionPay International cardholders will get extra perks during the sale, under a…
Despite slowing tourism growth and competition from online re- tailers, shoppers shelled out a five-year high of $2.12 billion using their MasterCard cards at the Great Singapore Sale (GSS) this year. The amount spent during the eight-week event, held from…
While this week’s retail sales figures data may have subdued expectations of Singapore’s retail sector, another set of figures just out will do little to change the mood. Spending data from MasterCard suggests the Great Singapore Sale has delivered a…
Background from the Retail Academy
Evergreen guides that explain the mechanics behind this topic.
High spending power, almost no domestic scale, and the region's default location for a first ASEAN office. What Singapore is actually good for, and what it i…
Who the landlords are, how leases are structured, what drives rent, and how to choose a location in Singapore.
Asia Market Guides · 8 min read
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