Singapore news

18 July 2019
We visited the newly opened FairPrice Xtra in VivoCity. This impressive hypermarket is about 9,000 sq m and spread over two levels. It is designed with many speciality concepts and unique experiences to woo young shoppers. The store looks great from every angle, so keep a look out for our full store visit report after its official opening in August. Exceptional retail design Eye-catchi...
20 March 2019
FairPrice will hold prices of 100 private label products stable until June 2020 to reduce the burden of essential groceries on shoppers. Ensuring affordability of basic products The initiative aims to provide an industry benchmark to keep prices stable, regardless of changes in supply. The 100 products span a wide range of categories like rice, oil, milk, poultry, batteries, snacks, toiletr...
28 February 2019
Dairy Farm has reported its 2018 annual results. Performance of its Health and Beauty segment was strong, but its Food business saw further decline. Annual sales up 4.1% Dairy Farm posted sales growth of 4.1% to US$11.7bn for the fiscal ending. Consolidated sales including joint ventures and associates increased 0.6% to US$21.9bn. During 2018, the retailer  sold its Giant hypermarket  sto...
27 February 2019
NTUC FairPrice launched a new Finest store last week at TripleOne Somerset right along Orchard Road, the famous shopping strip in Singapore. The store highlights different aspects of health and wellness and self-service technologies for shoppers’ convenience. Wider organic and health food range The store is visible from the main street and its main entrance opens to a large departm...
31 January 2019
RedMart, an online grocery platform, was acquired by Lazada in 2016, but kept it as a separate business until now. It will be integrated into Lazada’s platform in March, allowing shoppers to buy both groceries and other products on Lazada in the same location. Shoppers will need to download Lazada app RedMart shoppers can continue using the existing app until 11:59pm on 14 th March, before...
03 December 2018
Marks & Spencer in VivoCity shopping centre has launched a second food hall in Singapore which includes a bakery, fresh food and ready meals. The retailer also held a Southeast Asia media preview to highlight its Christmas range in food, clothing and beauty products in Wheelock Place, where the first food hall is located. Source: M&S Coffee and bakery to drive footfall The new food ha...
24 August 2018
Singapore's leading online supermarket, RedMart, has announced a partnership with Sainsbury's, one of UK's leading grocery retailers. RedMart will make 320 Sainsbury's products available exclusively to its customers from 29 August 2018. Providing healthy product range The product lines are focused on great quality and value, with an emphasis on the health and wellness items, including: ...
15 June 2018
As the curtain falls on The Consumer Goods Forums’ Global Summit, we look at the key themes and issues discussed by speakers from Ahold Delhaize, Danone, Majid Al Futtaim and ending with Madeleine Albright's powerful speech on the changing global political environment. Health & wellness, a priority Dick Boer, Ahold Delhaize CEO, underlined that health is not a consumer or industry problem...
14 June 2018
Following the second day of presentations at The Consumer Goods Forum’s Global Summit in Singapore, we learn how companies are embracing change and creating new values for consumers.. Stay relevant through consumer centricity James Quincey, CEO of The Coca-Cola Company, took the stage for the opening keynote. He said that Coca-Cola’s strategy is centred on creating a very consumer-centric...
13 June 2018
The Consumer Goods Forum (CGF) Global Summit has kicked off in Singapore, as Ian Cook, CEO of Colgate-Palmolive and co-chair of CGF, unveils the summit with his welcoming address. The key theme this year is 'Consumer Centricity in a Data-Driven World'. Singapore's unique opportunities and challenges In his opening keynote, S. Iswaran, Singapore's Minister for Trade and Industry, said...