Retail Sales Index May 2021

Retail sales increased 79.7% in May 2021 on a year-on-year basis, compared to the 54.0% increase recorded in April 2021. The large year-on-year growth in May 2021 was attributed to the low base in May 2020 when the Circuit Breaker measures were put in place to contain the COVID-19 outbreak, and physical stores were closed for the whole month. Retail sales, however, continued to be below pre-COVID levels. Excluding motor vehicles, retail sales rose 61.6% in May 2021, compared to the 39.2% growth in April 2021. On a seasonally adjusted basis, retail sales fell 6.8% in May 2021 over the previous month. Excluding motor vehicles, seasonally adjusted retail sales declined 5.2% compared to April 2021.

Resources and Updates for Retailers

WHAT'S ON

Say Yes To Waste Less Campaign

Singapore Retailers Association (SRA) is proud to support the National Environment Agency (NEA)’s Say YES to Waste Less (SYTWL) campaign and we would like to encourage you to join us in this journey with NEA and lead the change for both our people and the environment.

28 Jul 2021 - 1 Oct 2021

Job Redesign Workshop and Clinic Session (Aug & Sept Intake)

This half-day workshop provides participants with a high lead overview of job redesign methodology and process, giving them a deeper understanding of what Job Redesign is, and the investment required to reap its benefits. Participants will also be equipped with a job Redesign template to help them kick-start job redesign at the workplace.

16 Sep 2021 - 23 Sep 2021

SEE ALL EVENTS

NEWS AND UPDATES

SRA Thank You Note to MIN Wong and MIN Gan for the PH 2(HA) Support Measures For The Retail Sector

On behalf of the SRA Board Councillors and SRA members and all retailers, SRA would like to convey our appreciation towards MIN Lawrence Wong and MIN Gan Kim Yong for taking the time to listen to the challenges faced by the retail sector and the prompt action taken to implement support measures to ensure the… View Article

We are excited to share that we are supporting a study led by AlphaBeta, a strategy and economics consulting firm, on the B2C e-commerce export opportunity for micro, small and medium-sized enterprises (MSMEs) in Singapore. The study aims to understand the size of this opportunity for MSMEs in Singapore, and develop policy recommendations to maximize… View Article

26 Jul 2021 Announcement – Landlords must match Govt’s 2-week rental support for tenants during tightened Covid-19 curbs

On behalf of SRA members and the retail community, we thank MIN Lawrence Wong and MIN Gan Kim Yong and all government agencies for your empathetic listening ear. We are deeply appreciative! The JSS for Retail sector will go a long way to helping keep retail jobs intact during this very challenging period. The government’s… View Article

SRA Quick Poll: Impact of Phase 2 (Heightened Alert) on Retail Businesses

To substantiate with facts SRA’s recent appeal for Landlord’s support for rental rebates, (https://bit.ly/Ph2-HA-SRA-Appeal-Facebook) your feedback on the impact of the recent tightened restrictions on your retail business is important for us to make a stronger collective stand. Survey closing date: Thu 29 Jul 2021 Click here to complete the survey

Moratorium on Loans for Retailers

SRA Members who need an extension of bank loan principal moratorium to June 2022 or assistance with loan facilities and restructuring, kindly approach your respective bankers to ask for a restructure. Should your appeal for restructuring be rejected, kindly email info@sra.org.sg by Mon 2 Aug 2021 providing name of company, contact person/contact details, name of… View Article

[Covid 19 update]- Support package for Phase 2 (Heightened Alert)

In view of the tightened Safe Management Measures from 22 July 2021 through 18 August 2021 (inclusive), the Government has released a support package to cushion the impact on workers and businesses. Please find the full details of the package here. Enhanced Jobs Support Scheme (JSS) for Affected Sectors From 22 July to 18 August 2021:… View Article