Singapore news

10 January 2022
We visited a new FairPrice Finest and Giant that opened late last year, plus a refurbished CS Fresh in to check out the latest developments at leading retailers in Singapore. CS Fresh Katong i12 CS Fresh is Dairy Farm’s premier banner. The retailer does not plan any new stores under the banner but has been revamping selected Cold Storage stores into CS Fresh. In this latest upgrade, the ret...
08 December 2021
Christmas is the most important trading season for retailers in the Philippines. This year, retailers have relied more on virtual events to engage shoppers in a safe way. In Singapore and Malaysia, retailers are encouraging Christmas pre-orders, showing appreciation to frontline workers and sharing photos of their stores through social media. Philippines: first ever Christmas drive-through by ...
29 November 2021
All 167 Cheers and FairPrice Xpress stores to charge for plastic bags from 1 January 2022. Extension of plastic bag charging at supermarkets FairPrice took the lead to be the first retailer to charge for plastic bags at selected supermarkets. In two years, the initiative has saved more than 30 million plastic bags, with seven out of 10 customers willing to bring their own bags, said NTUC Fa...
15 November 2021
Dairy Farm International has recently announced its results for the third quarter of the year, where its performance continues to be significantly affected by COVID-19. Its year-to-date results are still below the same period in 2020, when it has benefitted from panic buying and government support at the height of the pandemic. Shopper behaviour normalises, making it difficult to match sales su...
03 November 2021
Alibaba-owned ecommerce platform, Lazada, has partnered with Grab, Southeast Asian super app to provide sellers with same-day delivery services in Singapore via GrabExpress. Faster delivery Over 50 Lazada sellers are onboard to offer instant delivery via GrabExpress as part of the launch trial. This includes Shine Korea grocery, JBL electronics and Aroma Truffle food products. GrabExpress c...
22 October 2021
RedMart, operated by Lazada, has been operating in Singapore for 10 years. It recently unveiled its 350,000 sq ft West Fulfilment Centre, built at an estimated cost of SGD74m (US$55m). State-of-the- art systems Source: RedMart There are two advanced automated systems that will strengthen operations and allow for future growth, Goods To Person Picking (GTP) and Pick To Light (PTL). G...
18 October 2021
FairPrice announced launch of community fridges to sponsor a year’s worth of fresh food like fruit, vegetables, milk and meat. Weekly food distribution FairPrice today announced the launch of the Food for Good Community Fridge @ Marine Terrace. The initiative will conduct food distributions via community fridges to provide free food to residents in the area. Mr Seah Kian Peng, Group CEO ...
28 September 2021
Retailers globally are looking for ways to elevate their fresh food offer to help them differentiate and gain shopper loyalty. These initiatives need to deliver against three needs for the retailer; they need to be scalable to large store estates, cost effective, and have the shopper at the heart of their development. Fresh food will be elevated in the ‘Store of the Future’ Fresh is a key c...
24 September 2021
Food delivery platforms are piloting a common acquirer model to support hawkers so they will not need to pay commission or onboarding fees. What is it? Deliveroo, FoodPanda, Grab and WhyQ will be participating in this pilot covering 400 stalls across 14 hawker centres. Hawker centres are open-air food courts in Singapore that typically charge between SGD3.50 (US$2.60) to SGD5 per meal (US$3...
06 September 2021
COVID-19 has caused grocery retailers in Asia to scale up online business to compensate footfall decline in physical stores and enable shoppers to get items quickly, safely and conveniently. We at IGD have quantified growth opportunities, supported by five emerging trends. Growing at a CAGR of 20% between 2020 and 2022 Asia’s online grocery is growing fast. Total value in 2020 is around US$...