Please note that you will be re-directed to Skills Training & Enhancement Portal (STEP)* to sign up for SIRS courses using your SingPass.
The continual acceleration of digitalisation and technological evolution means global barriers are continually lowered. This has brought positive change and advantages to both businesses and individuals, but also has certain impacts that need to be well managed in order to continue leveraging digitalisation to our benefit.
The Retail industry is highly sensitive to many factors from both local and global events. It is vital hence that retailers are well-equipped with the knowledge and skills that prepare them well to not just weather the constant changes from local and global circumstances, but to anticipate with better honed foresights.
No intakes available
Please check back later.
Classroom: 3 days (9am - 6pm)
The course covers the following areas:
- Key considerations in retailing
- Target markets in retailing
- Marketing strategies used in retailing
- Distribution methods in retailing
- Service levels offered in retailing
- Ownership structures for retailers
- Retail formats
- Effects of demand and supply on the price and production quantity
- Different types of market structures
- Effects of socio-economic changes
- Economic indicators of a country
- Application of the following concepts in the context of retailing: scarcity, opportunity costs, demand and supply, elasticity, utility concept
- Factors affecting the global retail environment and the way retailers do business
- Importance of retailing to Singapore
- Key issues affecting the retail sector in Singapore
- Strategies used by the Singapore government and other agencies to boost the local retail sector’s productivity performance and how they impact the economy
- Technology and legal requirements related to retail
At the end of the course, learners will
- Understand the key drivers of the Retail industry
- Gain insights to the impacts of local and global economic situations
- Evaluate potential impacts to the retail business using economic concepts
Retail Managers/ Executives
- Participants are required to bring their own laptops
- All learning materials will be in soft copy
Category | Price |
Full Fee | $915.60 |
Singapore Citizen (70% funding) | $274.68 |
Singapore Citizen 40 years and above1 (90% funding) | $106.68 |
Singapore Citizen sponsored by SMEs2 (90% funding) | $106.68 |
Singapore PR (70% funding) | $274.68 |
Singapore PR sponsored by SMEs2 (90% funding) | $106.68 |
*All fees are fully payable to Singapore Institute of Retail Studies.
Fees include prevailing GST
Funding Eligibility Period: 1 Jan 2025 to 31 Dec 2027
^1 Fee is under the Mid-career Enhanced Subsidy(MCES)
^2 Fee is under the Enhanced Training Support for SMEs (ETSS)
The course fee allows to be paid by:
Post-Secondary Education Account (Standing order form);
SkillsFuture Credits (SFC);
Credit card (e-payment);
Debit card (e-payment);
eNETS (e-payment);
PayNow (e-payment);
Bank Transfer.
Refund and withdrawal policy
- Please note that a 100% refund will be given if the withdrawal request is submitted more than or equal to 14 days before the course start date.
- Please note that a 50% refund will be given if the withdrawal request is submitted less than 14 days before the course start date.
- Please note that no refund will be given if the withdrawal request is submitted on or after the course start date.