Dairy Farm Archives - Inside Retail Asia
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 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.
“Underperforming” subsidiaries and rising rent and labour costs are disturbing the chairman of Hong Kong-listed multinational retailer Dairy Farm International.
Poor trading by Dairy Farm International’s Southeast Asian grocery business hit the company’s bottom line last year.
Dairy Farm has received official approval to increase its stake in Philippine drugstore chain Rose Pharmacy.
Dairy Farm is introducing a premium coffee blend in its 260 7-Eleven Daily Cafe kiosks.
Vietnamese retail drugstore chain Pharmacity plans 500 stores by 2023.
Following the end of its 11-year partnership with Shell, 7-Eleven Singapore plans to roll out 80 stores.
Despite lower supermarket and hypermarket sales, Dairy Farm International Holdings has posted solid first-half profit growth.
Asia’s big-box grocers are forecast to grow on average 3.5 per cent a year, according to IGD research.
Rather than expand south in England, Booths grocery chain has opted instead for a JV in Malaysia.