GSS taps tech to make S'pore sale great again

Singapore

AMID a softened retail market, the 24th edition of the Great Singapore Sale (GSS) hopes to revitalise sales with its digital transformation.

An annual two-month affair, GSS has lost some of its lustre in recent years due to increased e-retail alternatives, growing regional competition and a stronger Singapore dollar.

In 2015, the Retail Sales Index (RSI) (excluding motor vehicles) averaged 98.8 monthly, dropping to an average of 96.2 in 2016, according to the Department of Statistics.

The RSI measures the short-term performance of retail industries based on the sales records of retail establishments, with the base year of 2…