Singapore news

14 May 2021
Dairy Farm International has reported that its sales in the first quarter of 2021 continue to be significantly affected by the pandemic.  Shopper behaviour has now normalised, affecting comparison with sales performance in 2020 Since spending patterns of consumers have now normalised compared with the high sales base in the first quarter of 2020, like-for-like sales of Dairy Farm’s grocery ...
12 May 2021
The partnership enables shoppers to get delivery from 25 Cold Storages and 30 Giant stores. Free delivery in May Shoppers can expect delivery within an average time of 32 minutes. The prices will remain the same as retail prices in-store. Products include fresh produce, meat, dairy and a wide range of snacks, including Dairy Farm’s private label Meadows. Dairy Farm joins a list of specia...
27 April 2021
NTUC Enterprise is offering benefits worth SGD20m (US$15m) to union members to celebrate NTUC's 60th anniversary. The group is the operator of Singapore’s largest chain of grocery stores. Deals to help members manage cost of living Union members will be able to get 50% off six super savers products at Fairprice stores for six weeks. These products will be refreshed weekly and available in-s...
19 April 2021
We caught up with Alex Ng, the founder of Pick & Go in Singapore, to learn about the features of the third unmanned store and how it has evolved from learnings of the first two stores. First store in Singapore University of Technology and Design (SUTD) Source: IGD Research Pick & GO was founded on June 2019 with a vision to redefine convenience shopping. Shoppers can pick what ...
19 April 2021
A.S. Watson’s Group COO and CEO of A.S. Watson (Asia and Europe), Malina Ngai, has spoken at the industry event Beauty Tech Live this week.  She has explained how O+O (Offline plus Online) has become the new retail standard in health and beauty. O+O customers spend three times more than exclusive instore shoppers Malina Ngai describes O+O as “how customers shop today. The customer journey ...
08 April 2021
Asia-based ecommerce platform Shopee intends to premiumise its beauty offerings, by increasing its focus on K-beauty brands.  Sales of Korean beauty continues to grow in Southeast Asia and Taiwan Korean beauty products remain as one of the top-selling products of Shopee.  The retailer has seen more shoppers searching and buying K-beauty brands on its platform, due to the popularity of K-pop c...
31 March 2021
As Easter draws near, retailers in Singapore are helping shoppers prepare another Easter celebration at home. The number of community cases has remained low for some time, but the maximum number of people for private gathering is still capped at eight. We visit the leading retailers in Singapore to check out the key highlights. Cold Storage Easter eggs are displayed in the prominent areas o...
18 March 2021
COVID-19 has been a major catalyst for Singapore’s grocery market growth in 2020. As many Singaporeans worked from home and cooked more, the market grew four times faster than a typical year.  Since December 2020, more Singaporeans are allowed to work in offices. Demand for groceries is forecast to come off its peak and taper back to more normal levels over the next year. It is expected to hav...
16 March 2021
A.S. Watson Group, the world’s biggest international health and beauty retailer, has recently announced its refreshed social purpose and 2030 vision for sustainability. Commitment to ‘put a smile on our customers’ faces’ Since the A.S. Watson Group is operating on a massive scale globally, it is determined to take stronger responsibility towards the customers they serve, as well as the envi...
15 March 2021
Dairy Farm International has reported an 8% drop in its subsidiaries’ revenue to US$10.3bn in FY20 (ending December 2020).  But total sales including from its associates and joint ventures has increased by 2% at US$28.2bn, primarily due to a higher sales contribution from Yonghui. Growth in grocery retail and IKEA offset by health & beauty and convenience The group’s sales performance in 20...