Singapore news

20 January 2020
7-Eleven’s new initiative serves migrant workers in Singapore who wants to send money home using cash. Serving unbanked customers Customers can initiate a remittance transaction using the Pay2Home mobile app which will generate a QR-code bill for cash payment at any 7-Eleven in Singapore. "We are excited to be partnering with Pay2Home as 7-Eleven continues its journey to expand on our serv...
03 January 2020
We visited three stores that were revamped or newly launched in Singapore over December 2019.  These stores showcase the retailers’ efforts to enhance the shoppers' experiences with technology, store design and layout, and unique ranges. FairPrice supermarket in Woodland Civic Centre After an 8-month expansion period, FairPrice supermarket has reopened with a wider range and new look. Woode...
06 December 2019
South Korean drugstore operator Olive Young is partnering Dairy Farm to expand in Southeast Asia. The two businesses had a joint venture running from 2002 to 2008. Launching in Singapore, Indonesia and other markets Dairy Farm will distribute Olive Young products through its health and beauty stores. Olive Young will first launch in Singapore, with around 110 of its products sold at about 5...
03 December 2019
Sasa International, a leading drugstore in Asia, will shut all 22 stores in Singapore. Six consecutive years of losses The group had tried to improve sales by restructuring its local management team, enhancing store display and product mix, but still failed to turn the business around. In the six months ended 30 September, the Singapore operations reported S$17.3m (US$12.7) of sales, a drop...
08 November 2019
Dairy Farm has posted an update on its trading performance for the third quarter, with growth in line with last year. Steady third quarter overall, but weak consumer sentiment in Hong Kong Dairy Farm said it performed "steadily" in the third quarter, with overall earnings in line with the comparable period the prior year. Performance across all channels, however, was impacted by difficult m...
31 October 2019
Six ready meals will be added to the range in selected stores to appeal to growing demand for a Halal diet. Serving dietary demand 36 M&S Food stores will sell the range of meals, which include popular classics such as chicken hotpot and chicken tikka masala. The ready meals will also be sold by M&S's international franchise partner Al-Futtaim in markets including Singapore and Dubai. Pr...
31 October 2019
Sales revenues improved by 11.1% versus same period, last year. Store openings helps growth For the first nine months of 2019, Singapore supermarket operator Sheng Siong reported sales revenues of SGD743.4m, an increase of SGD74.2m from last year’s same period revenues of SGD669.1m. As a result of improving sales revenues, net profits correspondingly rose to SGD58.4m, an increase of 10% ver...
09 October 2019
Amazon has announced the launch of Amazon.sg, offering shoppers a wider selection of products and more ways to shop in Singapore. More ways to shop The launch of Amazon.sg marks Amazon’s 16 th global market place. The retailer initially launched its Prime Now fast delivery service in Singapore two years ago through its Prime Now app, offering groceries and household essentials. With the la...
08 October 2019
Singapore’s leading retailer, FairPrice, plans to refresh its private label range of products. The first phase of the refreshed range will be launched today (8 October) across all FairPrice stores. Higher interest in private label products Shoppers are recognising the value that private label products provide. According to studies by done by the retailer, three in four shoppers are open to ...
07 October 2019
Lazada’s online grocery supermarket, RedMart, is celebrating its 8 th birthday. Bank vouchers giveaway The retailer tied up with five banks to give away vouchers from SGD8 (US$6) to SGD30 (US$22). These vouchers can be redeemed for purchases on RedMart when used in conjunction with the cards issued by the respective banks. All bank vouchers were given out in the weekend. New features ...