Dairy Farm news

08 July 2021
7-Eeven has opened its 1,000 th and 3,000 th stores in Hong Kong and the Philippines, respectively.  Celebrating 1,000th store in Hong Kong 7-Eleven is celebrating the milestone by inviting customers to play its Instant Win Game. From 30 June to 13 July, customers spending HKD20 (US$2.6) or more can scan the QR code on the receipt and match up the icons in-store. Prizes include 7-Eleven H...
08 June 2021
Last September, the retailer shared plans to open its first flagship store in Thailand in 2021 with its joint-venture partner CP ALL. However, the plans have changed, and it will only sell products through its partner. Adjusting business strategy to fit demand The retailer’s planned to open stores between 200-300 sq. m., with 20% of the products under the Guardian brand. The company is focu...
02 June 2021
The Dairy Farm Group’s health and beauty banner Mannings will carry the products of South Korean healthcare retailer Olive Young in Hong Kong. Over 100 brands from Olive Young available in 300 Mannings stores More than 100 beauty and personal care brands from Olive Young will be available in over 300 outlets of Mannings, as well as its online store.  These products include Olive Young’s bes...
02 June 2021
PT Hero Supermarket, owned by Dairy Farm International, plans to close its hypermarket banner Giant by the end of July to improve its finances.  Some of these will be converted into new outlets for its IKEA, Guardian and Hero banners.  Sales drop in hypermarkets has influenced the decision to retire Giant The Group, which currently operates 75 Giant outlets, has seen its revenue drop 34% ye...
27 May 2021
GCH Retail, which operates grocery stores under Giant, is ready to expand its business by growing small stores. Transformation is two-thirds complete After going through a three-year transformation, GCH Retail is ready to expand its business in line with changes in shopper behaviour. The retailer has 35 hypermarkets and 11 supermarkets under the Giant brand and 11 premium supermarkets under...
18 May 2021
Singapore moves to shut down part of the economy in a phase of heightened alert (Phase 2). A gradual tightening from April Singapore had been making good progress in controlling the spread of the virus until April. However, a pattern of local unlinked community transmissions had persisted since the beginning of May. The initial tightening measures include allowing social and workplace gathe...
14 May 2021
Dairy Farm International has reported that its sales in the first quarter of 2021 continue to be significantly affected by the pandemic.  Shopper behaviour has now normalised, affecting comparison with sales performance in 2020 Since spending patterns of consumers have now normalised compared with the high sales base in the first quarter of 2020, like-for-like sales of Dairy Farm’s grocery ...
12 May 2021
The partnership enables shoppers to get delivery from 25 Cold Storages and 30 Giant stores. Free delivery in May Shoppers can expect delivery within an average time of 32 minutes. The prices will remain the same as retail prices in-store. Products include fresh produce, meat, dairy and a wide range of snacks, including Dairy Farm’s private label Meadows. Dairy Farm joins a list of specia...
31 March 2021
As Easter draws near, retailers in Singapore are helping shoppers prepare another Easter celebration at home. The number of community cases has remained low for some time, but the maximum number of people for private gathering is still capped at eight. We visit the leading retailers in Singapore to check out the key highlights. Cold Storage Easter eggs are displayed in the prominent areas o...
15 March 2021
Dairy Farm International has reported an 8% drop in its subsidiaries’ revenue to US$10.3bn in FY20 (ending December 2020).  But total sales including from its associates and joint ventures has increased by 2% at US$28.2bn, primarily due to a higher sales contribution from Yonghui. Growth in grocery retail and IKEA offset by health & beauty and convenience The group’s sales performance in 20...