Dairy Farm International Archives - Inside Retail Asia
Ongoing restructuring is impacting on Dairy Farm International’s grocery and convenience sales – but total group income is up.
Dairy Farm International has reported like-for-like sales growth in four of its five operating divisions in the first quarter.
Dairy Farm Group profit fell to just US$92 million last year as the company took charges relating to the restructure of its ailing food business.
The first Watsons Vietnam store opened its doors this morning on the ground floor of Ho Chi Minh City’s high-profile Bitexco tower.
The first Watsons Vietnam store will open on January 17.
Customers of 7-Eleven, Cold Storage and Guardian stores in Singapore will soon be able to pay for purchases using WeChat Pay.
“Underperforming” subsidiaries and rising rent and labour costs are disturbing the chairman of Hong Kong-listed multinational retailer Dairy Farm International.
Next month’s Consumer Goods Forum Global Summit at the Marina Bay Sands will feature a ‘who’s who’ of international retail leaders.
Ikea Philippines will open its first store next to Mall of Asia in Manila in 2020.
A Shake Shack Singapore store is reportedly planned for the Jewel Changi Airport shopping centre.
Starbucks Hong Kong has opened its first cafe serving alcohol – including coffee-infused craft beers, exclusive to the city.
Poor trading by Dairy Farm International’s Southeast Asian grocery business hit the company’s bottom line last year.