FairPrice news

The Singapore-based retailer has announced that CEO Tan Kian will step down from his position at the end of the year, with Seah Kian Peng to take over the leadership. New CEO appears to be the natural successor The new CEO has worked for the Nation Trade Union Congress' administration and research unit since 1996 and was seconded to NTUC Fairprice in 2001 as COO and later that year beca...

NTUC Fairprice opened its SGD$350m (US$249m) headquarters that house a new and innovative distribution centre. High tech DC designed to increase productivity and storage space The DC has a highly automated system that uses robotic technology and autonomous vehicles mounted on a monorail. This increases warehouse capacity from storing 22,000 pallets to over 74,000 pallets. The DC is desig...

The latest news from Singapore, including private label promotions, service initiatives and etailer activity… Private label price cuts at NTUC FairPrice NTUC FairPrice will invest USD 35m in cutting the price on daily essentials, under the ‘Big Value Bag: Made for Singapore’ tagline. The programme runs from until the end of December, offering 10% discount on more than 1000 items from F...

Singapore's NTUC FairPrice launches three new initiatives aimed at attracting older shoppers to its stores. New Pioneers programme has threefold benefits Under the banner "Pioneers OK!", FairPrice has designed a programme of discounts and treats exclusively for older shoppers which will run until the end of 2015. Pioneers Monday - Senior shopping will receive 3% off their shopping at ...

Rounding up the summer's top ecommerce headlines we examine how the online-to-offline trend is unfolding in Asia. Online-to-offline trend unfolds As ecommerce in grocery gains traction in markets across the region, multi-channel retailers are increasingly focused on forming stronger ties between their online shopping platforms and physical store networks. This offers greater convenience ...

Singaporean retailer NTUC FairPrice trialled the click & collect grocery service in two forecourt locations in August, and is set for expansion. First in the market to offer click & collect FairPrice has extended its online offer to include a click and collect service in order to provide greater convenience for shoppers. CEO Seah Kian Peng said "As one of the largest retailers in Sin...

The Singaporean grocery retailer unveils plans for its 'food for life tv' television channel. Inspiring shoppers with a love of food and cooking FairPrice has partnered with Brand New Media to launch its new free TV channel, 'food for life tv'. It will be compatible to view on computers, tablets and smartphones. The channel's content will have local and international flavours with fea...

Leading Singaporean retailer NTUC FairPrice is building its eco credentials in collaboration with the Green Mark Portfolio Programme. Collaborative partnership to achieve sustainability in Singapore Singapore's Building and Construction Authority has launched a new national  initiative, creating collaborative partnerships to boost sustainability in the  country. The Green Mark Portfolio Pro...

Singapore's leading grocery retailer NTUC FairPrice has introduced Visa payWave to 116 of its supermarket outlets. Singapore's shoppers converting to cashless payments Following a successful trial of contactless payment in February 2013,  FairPrice embarked on a programme to extend the service to its wider store network. Retailers in Singapore are rapidly installing contactless payme...

Two Asian grocery co-operatives Saigon.Co-op and NTUC FairPrice have formed a joint venture to operate hypermarkets in Vietnam. Leading retailers Singaporean retailer NTUC FairPrice has formed a joint venture with the leading domestic retailer in the Vietnamese market, Saigon Co-op, to realise the opportunities in the hypermarket format. The partnership was confirmed in a ceremony earlie...