Singapore news

26 May 2020
7-Eleven and Guardian, operated by Dairy Farm, have partnered Foodpanda for delivery. Delivery from selected stores Source: 7-Eleven 7-Eleven and Guardian stores in selected neighbourhoods will be partnering Foodpanda for delivery within an hour.  There will be more than 100 products ranging from ready-to-eat food and snacks to household items from 7-E...
21 May 2020
Gojek drivers have the option to make food deliveries to supplement their income with the new partnership. Income dropped significantly during lockdown Many drivers have reported that their incomes have dropped as much as 70% since the lockdown started. A recent change in law allows taxis and private hire cars to deliver food and groceries in this period. Gojek will strengthen Deliveroo's s...
19 May 2020
Following the outbreak of Coronavirus (COVID-19) three months ago, retailers in Singapore have responded with urgency and empathy as the situation evolves - we will continue to update this article with the latest developments... Dairy Farm Group hires staff from hotels More than 150 from seven hotels have been redeployed to Cold Storage, Giant and Guardian stores under the Dairy Farm Group....
15 May 2020
After five months in Singapore, 99 Speedmart will cease its operations on 31 May. Three stores launched in December The retailer opened three stores in December 2019. All three stores are well located in neighbourhoods with good visibility and easy access for unloading of goods. Read here for our news article on its first store. The retailer has cited difficulty in growing its business mo...
11 May 2020
Marks & Spencer Food partners food-delivery app Foodpanda in Hong Kong, Singapore and Malaysia. Delivery under 30 minutes The partnership will make packaged food and wine available for delivery within 30 minutes in areas near existing M&S Food stores. Foodpanda has developed a grocery delivery service, Pandamart, which has been incorporated into its existing meal delivery app. Shoppers will...
30 April 2020
Sheng Siong has generated a 49.9% year-on-year increase in net profit to SGD29m (US$20.6m) for Q1 2020. It is driven by growth in revenue, better gross margin and higher other income arising from elevated grocery demand due to the COVID-19 pandemic. Revenue grew 30.7% Revenue growth by LFL sales contributed 19.7%, new stores contributed 9% and stores in China contributed 2%. The group start...
23 April 2020
Singapore's largest supermarket chain has launched FairPrice on Wheels, a new initiative which brings daily essentials closer to homes by vans parked near their homes. This is to support the elderly who are encouraged to stay at home and avoid crowded supermarkets as Singapore’s lockdown period is extended by another 4 weeks till 1 June. Vans packed with essential products The retailer used...
20 April 2020
Seah Kian Peng, Group CEO of NTUC FairPrice, believes that the retail landscape will shift after the pandemic. The retailer has made more online delivery slots available due to a surge in demand but believes physical stores will be mainstay after the crisis. Online demand reaching new levels The surge in online demand has prompted FairPrice to invest heavily in the last two months. It upgra...
16 April 2020
Beauty-products retailer, Sa Sa International, has posted its Q4 results. Group turnover fell 56.5% to HKD892.4m (US$115.1m). Multiples factors impacting turnover The significant decline in Group turnover was partly due to the closure of Sa Sa’s Singapore business. Sales to mainlanders in Hong Kong and Macau fell 80.8%, as consumer sentiment and travel restrictions following Coronavirus (CO...
25 March 2020
FairPrice and Cold Storage in Singapore are setting up priority shopping hours for vulnerable groups to boost social distancing measures. First hour every Monday at all FairPrice stores The retailer has recently launched safe distancing measures, like floor markings at checkouts, to manage queues. It has also put a stop to food sampling activities for now too. It has also announced a Priori...