The Business Times

retail sales

International

Surprise UK retail sales rise adds to signs of pickup in economy

Market research firm GfK says that consumer confidence is at its highest level since August 2024

Spending is largely driven by higher-income households, with lower-income consumers struggling to cope with the rise in the cost of living.
International

US retail sales beat expectations in November

Retail sales rose 0.6% after a downwardly revised 0.1% drop in October

November’s performance surpassed the expectations of private-sector economists.
Economy & Policy

Singapore retail sales up 6.3% in November

Most retail sectors record year-on-year growth in sales

Americans are facing higher prices for food, furniture and a range of other imported goods, the result of President Donald Trump’s sweeping import duties.
International

US retail sales unexpectedly unchanged in October

Lower- and middle-income households are disproportionately impacted by the soaring cost of living

Excluding motor vehicles, retail sales grew 3.7% in October, picking up from September’s revised 1.8% expansion.
Singapore

Singapore retail sales growth picks up to 4.5% in October

Most retail categories record higher sales, led by watches and jewellery, as well as recreational goods

Above: K11 Musea, Hong Kong. Hong Kong's retail sales in October increased to HK$35.2 billion.
International

Hong Kong October retail sales up 6.9% due to improved domestic sentiment and visitor growth

 This is the sixth straight month of gains in retail sales

Sales had accelerated in prior months, in part as consumers rushed to buy battery-powered electric motor vehicles before the expiration of EV tax credits at the end of September.
International

US retail sales miss expectations in September

Retail sales rose 0.2% after an unrevised 0.6% gain in August

Singapore’s year-end shopping season is no longer just about discounts or inventory. It’s about delivering low-latency, secure and seamless experiences at scale.
Opinion & Features
THE BROAD VIEW

Why retail success hinges on more than bargains

With billions in holiday spending on the line, seconds of downtime or a data breach can spell disaster

A delivery worker sorts out packages in Shanghai during the annual Singles' Day shopping festival.
Consumer & Healthcare

China’s Singles’ Day shopping festival winds down with ‘muted’ sentiment, sales expectations

Consumer malaise in China has made it harder than ever to get people to open their wallets

Sales in supermarkets and hypermarkets were up 5.1% year on year in September.
Singapore

Singapore retail sales growth in September eases to 2.8%

Excluding motor vehicles, retail sales increase by 2%

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