lockdown

Retail Asia26/08/2021

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The value of Macao’s retail sales for the second quarter of 2021 totaled 20.70 billion patacas (about 2.58 billion U.S. dollars), up 200 percent year on year, the special administrative region’s statistic department said on Tuesday. The latest report from the Statistics and Census Service (DSEC) showed that among the major retail trade activities, sales […]

Retail Asia05/05/2021

Online sales accounted for nearly a fifth of total retail turnover last year as lockdowns to combat the spread of the coronavirus pandemic fuelled a boom in e-commerce, a United Nations study released on Monday showed. Online sales accounted for 19 percent of overall retail sales in 2020, up from 16 percent a year earlier, […]

Retail Asia03/08/2020

Singapore consumers’ migration from food halls to supermarkets during the Covid-19 pandemic has proven a windfall for grocery operator Sheng Siong Group. Sales for the June quarter surged 75.8 percent to US$304.3 million, gross profit margin improved from 27.4 percent to 28.1 percent and net profit soared 150.7 percent year on year to $33.6 million. […]

Retail Asia23/04/2020

The Singapore government has reduced the list of “essential services” as part of a tougher clampdown on social distancing as it tries to arrest the spread of Covid-19 in the city-state. The Ministry of Trade and Industry (MTI) on last night announced a trimmed list essential services applied during the “circuit breaker” period which has […]

Tag: lockdown

Macau retail sales surge after Covid-19 lockdown

Online share of retail sales jumps to 19% amid lockdowns

Sheng Siong Group boosts sales during virus lockdown

Singapore locks down until June