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
Shanda co-founder sells Tanglin Hill bungalow for S$76 million
Jumbo Seafood to close flagship East Coast Seafood Centre outlet on Sep 30
Nearly half of Apac’s wealthy expect market crash or correction, plan to rotate to cash: study
Trek 2000 shares jump 41.5% after Osim founder Ron Sim drops claims, sells 7.3% stake to Azure Capital