Dairy Farm news

DFI will kick start a commitment to provide a million meals to the less fortunate in Singapore across two years. “Have you eaten” initiative The group will contribute a percentage of its revenue from the sale of its Meadows brand of rice from any Giant, Cold Storage or CS Fresh stores towards the programme. The goal is to provide one million meals in food donated, supported by its ongoing s...

Dairy Farm International reported total revenue of USD 18,511mn, increased by 1%, and operating profit of USD 76mn, decreased by 37%, year-over-year in H1. It should keep improving sales and profitability, especially in food grocery retail, which suffered the most from COVID-19 impacts in the region. Sales normalizing in supermarket   Excluding the sales from non-grocery, associates and j...

This year's Ramadan celebrations are marked with families getting together and giving. We highlight three types of giving in Asia post pandemic. For more Ramadan executions, keep an eye for our full report on Ramadan and Eid coming in the next couple of weeks. 1. McDonald's Indonesia As the world opens up, McDonald’s Indonesia wants to encourage people to build new connections with those wh...

While not an official bank holiday, International Women’s Day is celebrated in many countries. We feature four ways retailers and suppliers are recognising women and girls in Asia. 1. Hershey Philippines celebrates women through limited edition packaging, strategic partnerships and storytelling to empower women and girls. It collaborated with four women to give honour to their contribution to ...

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...

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 ...

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...

Wellcome Fresh is launched to meet increased demand for fresh food. The new store is in Westwood, Kennedy Town, a residential area that is more relaxed and with more open spaces than most parts of Hong Kong. A brand new concept Source: DFI Wellcome Fresh is a 50,000 sq ft supermarket with 23 themed zones offering over 15,000 fresh food products sourced both locally and international...

We visited the CS Fresh Gold flagship store at Paragon, operated by DFI Retail Group, which reopened yesterday after a major revamp. It is part of a SGD40m (US$30m) rebranding exercise which will take place across all its 48 CS Fresh and Cold Storage stores by the end of 2022. CS Fresh Gold at Paragon Previously a Market Place outlet by the same retailer, the flagship store at Paragon is na...

Dairy Farm International has reported that its sales dropped by 4% in the first half of the year to US$ 14bn.  As last year’s strong consumer buying patterns normalised, the Group’s underlying profit has decreased by 69%, from US$ 105m in the prior year to US$ 32m for the first six months of 2021. Difficult to match sales surge in 2020, as shopper behaviour normalises It has been a challeng...