Online retailers bank on Black Friday, but muted sales for some brick-and-mortar shops

The start of the holiday shopping season has kicked off with a big bang on Black Friday for many online retailers in Singapore. One reported a three-fold increase in sales over the weekend, while another saw sales in the first two hours on Friday exceed figures on an average day. But for others -- especially brick-and-mortar stores -- what should have been a roaring shopping weekend, started with a whimper instead.

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[liar-liar]

Buy everything in the shops and eat all food before the 8% gst increase, eat until stomach bulge before 9% gst increase

[tuapuikia]

Put the money in FD to earn 3-4% interest better.

[engchoontan]

My pretty-new debit-card didn't work at the ATM for funny-reasons. I think i will follow up AFTER black friday sales. That will save me some excuses

[ECOSAM_]

🙏Try to support local brands hammer and tongs. By shopping local, you’re creating jobs for your children, keeping money in your economy, investing in your next generation of entrepreneurs, nurturing a sense of community, and supporting the environment by reducing waste and conserving energy. ECOSAM supports low-wage families and sponsors NDP2022. Thank you all.🙏