Sheng Siong overview

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

Sheng Siong: data

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 2021

We highlight five trends set to shape the food and consumer goods retail market across Asia in 2021.

Latest News

News Feature image

Strong demand due to COVID-19 carried over to Q3.

More News

Sheng Siong, a supermarket chain with 60 stores in Singapore, reports SGD418.7m (US$304.4m) revenue increase for Q2, driven mainly by elevated demand due to COVID-19. Its net profits also increased 150.7% to SGD46.2m (US$33.6m) for Q2. Lockdown measures increased home cooking Shoppers were stocking up on essentials at home due to concerns on disruption to supply chains. Due to the lockdown ...
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....
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...
Data

Use our COVID-adjusted forecasts on over 400 retailers in over 180 countries

Retail Analysis newsletter

Stay ahead with our round-up and expert analysis of the latest global FMCG news

Please login to this service
to view this data

LOGIN