Singapore news

18 March 2020
Marks & Spencer has opened its first standalone food hall at One Raffles Place in Singapore’s business centre. The 222 sq. m. store is right by a busy train station and highly visible from the street.  It is filled with a wide range of hot food-to-go, pastries, chilled food-for-later, dairy products and fresh produce. First hot food counter in the region The store has been opened for a...
05 March 2020
Dairy Farm has reported a mixed set of results for the fiscal year ended 31 st December 2019. Performance of its Southeast Asia Grocery Retail and Health and Beauty businesses improved, but underlying profit for the Group was impacted by social unrest in Hong Kong. Sales growth from 4 out of 5 divisions, but 2019 sales down 4.7% Dairy Farm’s sales in 2019 fell 4.7% to US$11.1bn year-on-yea...
26 February 2020
After exiting Singapore towards the end of last year, Sa Sa International has relaunched via a partnership with ecommerce platform Shopee. Sasa trading via Shopee Sasa no longer operates bricks-and-mortar stores. The new strategic partnership has enabled Sasa to open an official store on Shopee. A range of products will be discounted through to March 1 as part of Shopee’s Brands Festival....
25 February 2020
The Malaysia-based chain has opened three stores in Singapore. Neighbourhood minimarket format In Malaysia, 99 Speedmart has over 1,500 stores across the country. It operates a chain of neighbourhood convenience stores that range from 250 to 500 sq m in size. The retailer’s success is driven by low prices, carrying a narrow range of top selling brands and great store visibility. A quick loo...
10 February 2020
Singapore raised its Disease Outbreak Response System Condition (DORSCON) level to Orange status on Friday (7 th Feb) as the coronavirus spread within the community. Following the announcement, shoppers rushed to stock up on essentials, resulting in empty shelves and long queues at grocery stores across the island. FairPrice ramps up distribution of essentials Demand for daily essentials l...
07 February 2020
Dairy Farm will have separate leaders for food and health & beauty division in Southeast Asia. Separate pillars for food and health & beauty Sam Kim joined Dairy Farm as Chief Executive Officer for Southeast Asia in April 2018. He had been appointed Chief Executive Officer for Health & Beauty and Chief Marketing & Business Development Officer in September 2019. Chris Bush had been appointed...
20 January 2020
7-Eleven’s new initiative serves migrant workers in Singapore who wants to send money home using cash. Serving unbanked customers Customers can initiate a remittance transaction using the Pay2Home mobile app which will generate a QR-code bill for cash payment at any 7-Eleven in Singapore. "We are excited to be partnering with Pay2Home as 7-Eleven continues its journey to expand on our serv...
03 January 2020
We visited three stores that were revamped or newly launched in Singapore over December 2019.  These stores showcase the retailers’ efforts to enhance the shoppers' experiences with technology, store design and layout, and unique ranges. FairPrice supermarket in Woodland Civic Centre After an 8-month expansion period, FairPrice supermarket has reopened with a wider range and new look. Woode...
06 December 2019
South Korean drugstore operator Olive Young is partnering Dairy Farm to expand in Southeast Asia. The two businesses had a joint venture running from 2002 to 2008. Launching in Singapore, Indonesia and other markets Dairy Farm will distribute Olive Young products through its health and beauty stores. Olive Young will first launch in Singapore, with around 110 of its products sold at about 5...
03 December 2019
Sasa International, a leading drugstore in Asia, will shut all 22 stores in Singapore. Six consecutive years of losses The group had tried to improve sales by restructuring its local management team, enhancing store display and product mix, but still failed to turn the business around. In the six months ended 30 September, the Singapore operations reported S$17.3m (US$12.7) of sales, a drop...