Guardian Archives - Inside Retail Singapore
Hong Kong-headquartered Dairy Farm sales surged by 13 per cent in the first half of the year to US$13.8 billion.
Dairy Farm International has reported like-for-like sales growth in four of its five operating divisions in the first quarter.
Dairy Farm Group has warned shareholders that its restructure will take five years to complete.
“Significant challenges” across the Southeast Asian supermarket business are continuing to test Hong Kong-listed multi-format retailer Dairy Farm International.
Customers of 7-Eleven, Cold Storage and Guardian stores in Singapore will soon be able to pay for purchases using WeChat Pay.
Singaporean health and beauty chain Guardian has added several new, exclusive beauty brands to its inventory.
Dairy Farm International is continuing to restructure its struggling Southeast Asian business, with the Giant VivoCity supermarket next to be axed.
“Underperforming” subsidiaries and rising rent and labour costs are disturbing the chairman of Hong Kong-listed multinational retailer Dairy Farm International.
Changi Airport has broadened its range of restaurants and retail outlets.
Poor trading by Dairy Farm International’s Southeast Asian grocery business hit the company’s bottom line last year.
Dairy Farm sales were described as “flat” in the third quarter to September 30.
Fresh foods helped 7-Eleven Singapore achieve solid sales growth last year despite subdued consumer confidence.