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Retail

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General Merchandise Sub-Sector

The general merchandise sub-sector hires the most workers per establishment and has the second highest profitability ratio.

Type Of Retail Trade
Sub-Sector Highlights
Sub-Sector Snapshot
Business Costs
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Type Of Retail Trade

  • Retailers in this sector carry out “non-specialised retail trade in stores”. They include:

    • department stores
    • department stores cum supermarkets (including hypermarts)
    • supermarkets
    • mini-marts, convenience stores and provision shops

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Sub-Sector Highlights

  • The general merchandise sub-sector, compared to other sub-sectors:

    • hires the most number of workers on a per establishment basis
    • has the second highest profitability ratio
    • has the second highest “retail sales per square metre of floor area”
    • spends the most on goods purchases (highest % of operating expenditure)

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Sub-Sector Snapshot 

 Facts & Figures (2006)
 Number of Establishments   3,086
 Number of Workers  29,268
 Operating Receipts  S$8.1 billion
 Operating Expenditure  S$7.6 billion
 Operating Surplus  S$533 million
 Value Added  S$1.0 billion
 Profitability Ratio (%)  6.5%
 Average Annual Remuneration per Employee  S$19,600
 Retail Sales per Square Metre of Floor Area  S$9,600

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Business Costs

 Type Of Cost  % Of Cost  (2006) 
 Goods Purchases   80%
 Rental of Premises   6.9%
 Remuneration of Employees  6.8%
 Utilities  1.2%
 Depreciation   1.1%

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For More Information

Economic Survey Series 2006: Retail Trade
Department of Statistics

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Last updated on 29 April 2009
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