Sheng Siong

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Sheng Siong overview

Find out about the retailer's strategic priorities, commercial focus areas, channel and country presence.

Sheng Siong: at a glance

See data on the retailer’s performance and forecasts for its operations by channel.

Singapore Country Presentation

This guide to Singapore explores the key trends in grocery retail, the outlook for the country’s differing channels over the five year forecast period and the growth strategies of its leading retailers.

Asia retail outlook 2020

Get up to speed on all of the latest retailer results, the insight into what is driving growth and IGD's five big trends to watch in Asia in 2020.

Sales revenues improved by 10.1% versus last year. New stores boost earnings For the first quarter of 2019, Sheng Siong Group reported revenues of SGD251.4m, an increase of 10.1%, as well as net profits of SGD19.4m, a rise of 5.9%. The positive results were attributed to the opening of 10 new stores in 2018. Although like-for-like store sales contracted by 1%, new stores contributed to 1...

Revenue for the supermarket chain increased by 7.4% versus last year. Store openings boosts growth Singapore supermarket operator Sheng Siong Group reported positive growth for 2018, with revenues of SGD890.9m, an improvement of SGD61m versus last year. Out of the 7.4% increase in revenues, 10.1% was contributed by new store openings. In total, the retailer added 10 new stores to its networ...

Supermarket chain now has more than 50 stores in Singapore. Store network now exceeds 50 stores Sheng Siong announced that it has secured two more locations to boost its supermarket network. A 10,030 sq ft store at Woodlands is scheduled to open next month, followed by a larger, 20,370 sq ft store in the Junction 10 shopping mall before the end of this year. This will bring the total number...

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