Sales growth the key priority in next phase of productivity
Government launches Second Retail Productivity Plan, spanning 2016-2020
Singapore
AS the retail sector moves into its next phase of productivity improvements, businesses must focus not just on operational efficiency but also on driving top-line growth, says Senior Minister of State for Trade and Industry and National Development Lee Yi Shyan.
And with sales growth a key priority in the government's Second Retail Productivity Plan, support and know-how in the areas of e-commerce, branding and concept innovation will be provided to retailers over the next five years.
TRENDING NOW
Simba ordered to pay S$700,000 in damages to indoor skydiving operator Altitude Xperience for trespass
Lazada cuts about 5% of workforce, a sign of maturing e-commerce sector in S-E Asia
What’s wrong with Orchard Road? Experts weigh in on the street’s cachet and its future
DBS tops list of employers sought by Singapore’s fresh graduates: survey