Singapore Retailers Association

Welcome to Singapore Retailers Association...

OUR VISION: To be the respected and collective voice of the retail industry.

OUR MISSION: To advance the interests of the retail industry via insights, education, and strategic collaborations.

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EVENTS & ACTIVITIES

Webinar - The Future Of Retail In Asia: Post Covid-19

The transition to recovery post Circuit Breaker will not be smooth sailing. Increasing pressures...
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SRA's Calendar of Events 2020

We’re busy here at SRA! Stay up to date with our events calendar,...
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SRA 42nd AGM, Election of Council Members (2020-2022) & Let's M.E.E.T. Session

Dear SRA Members , We regret to inform that the 42nd AGM scheduled...
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SRA Training Programme 2020

Tap on this series of short, industry-relevant courses to equip your team to better...
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Training is the Essence to Transformation

The world of work is changing fast, with emerging new technologies and increased...
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Are you on GoSpree yet?

Reach out to nearly 60,000 members and start driving incremental traffic to your...
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Retail Sales for February 2020

Retail sales decreased 8.6% in February 2020 compared to February 2019. Excluding motor vehicles, retail sales fell 10.2%. The decrease is mainly attributed to larger year-on-year declines in retail industries selling discretionary items, due to the decline in tourist arrivals and lower domestic consumption as a result of the COVID-19 outbreak.

Compared to the previous month, seasonally adjusted retail sales declined 8.9% in February 2020. Excluding motor vehicles, seasonally adjusted retail sales decreased 11.2%. The estimated total retail sales value in February 2020 was about $3.1 billion. Of these, online retail sales made up an estimated 7.4%. Online retail sales of the Computer & Telecommunications Equipment, Furniture & Household Equipment industries and Supermarkets & Hypermarkets made up 30.4%, 14.0% and 8.5% of the total sales of their respective industry.

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