Jingle all the way to shopping scenes: 2023's Holiday Travels Boost Singapore's Retail Job Market

As we say goodbye to 2023, let's look back on the retail scene of the year. The past year saw a travel comeback, luring wanderers to our enchanting Lion City. And let's not forget the buzz during the year-end holiday in 2023, which gave the retail job market a real boost.

Now, how's the shopping vibe after this stellar year? Let's delve into the retail outlook for 2024, giving us a peek into what's in store for the shopping world.

1.2023's Hit List: Lion City Secures a High Ranking as a Global Hotspot

Ever wondered how Singapore will be globally eye-catching in 2023?
Let's dive into the numbers, and look into the secret.

The 11th Top City Destination in 2023

The Lion City proudly clinched the 11th spot among the hottest city destinations for 2023! And guess what? In Southeast Asia, it's the reigning champion.

What makes Singapore a hot pick for global travelers? The country stands out for its tourism policies, attractiveness, and a solid gold standard in health and safety.

 The 5th Best City in The World for 2023

Our little red dot isn't just making waves locally; it's got fans all over the world, securing the 5th spot for the best city worldwide in 2023. In Asia, Singapore is the second coolest, just behind Tokyo.

Singapore boasts a #2 rank for Prosperity, #14 for Lovability, and #17 for Liveability. And let's not forget the shoutouts for its fantastic shopping and the world’s best restaurants.

2. Voyage Vibes: Influence of Travels on the ShoppinExploring

2024 Outlook: More Travellers, More Budgets for Shopping

In 2024, global travel is expected to exceed pre-pandemic levels, according to The Business of Fashion forecast. So, what will travelers enjoy in destinations? Well, get this — 80 percent of tourists from the US, UK, and China plan to shop for fashion while traveling in 2024! And as for their budget? They're gearing up to spend 28 percent more than in 2023!

Exciting Travel Sparks New Store Openings of Global Brands

Guess what's making Orchard Road in Singapore extra special? It's the 12th priciest retail destination worldwide! The world can't help but have its eyes locked on Lion City! And with travel to Singapore heating up, global retail brands had landmark new store openings.

Acne Studios

Picture:  https://www.acnestudios.com/

Acne Studios, a Stockholm-based brand, just opened its first-ever Southeast Asian store at Marina Bay Sands.

Grand Seiko

Picture: https://www.marinabaysands.com

Grand Seiko is making waves by venturing outside Japan for the very first time in Asia, and they've chosen Marina Bay Sands for their debut!

MUJI Plaza Singapura

Picture: https://www.muji.com

MUJI Plaza Singapura, now the largest global flagship store in Southeast Asia, has reopened in 2023 with a remarkable expansion, more than doubling its original size.

3. Season for Jobs: Holiday Shop 'n' Roll Lights Up Retail

The year-end holiday season has arrived in Singapore, bringing good news! UOD forecasts a retail resurgence poised to receive a delightful boost from the upcoming year-end festivities. Riding on the wave of a 2.6% increase in retail sales observed between January and October, the outlook for Singapore’s retail sector indicates a robust rebound in November and December.

And, of course, Lunar New Year’s traditions follow the holiday momentum in 2024. Celebrations include gift-giving, festive decorations, clothing, campaigns, and more. It looks like the season of joy might also be the season of shopping triumphs!

The Time is Now: Join Our CX Ambassador Program!

From July 2022 to July 2023, the retail sector saw a remarkable 9.2% surge in job postings, lighting up opportunities. Here's the good part – interest is booming too! Job seekers eyeing opportunities in retail jumped up by 7.6% year over year. The retail job market looks heated up.

If you are interested in a retail job, seize the chance. Our brand-new CX Mastery Training program offers a sales associate position and professional training. It’s open now for you to cultivate a wide range of skills for a new journey.

For more details, check out

https://global.wmh.co.jp/en/post/cxambassador