Giant Archives - Inside Retail Asia
Dairy Farm Group has warned shareholders that its restructure will take five years to complete.
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.
“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.
Dairy Farm sales were described as “flat” in the third quarter to September 30.
Despite lower supermarket and hypermarket sales, Dairy Farm International Holdings has posted solid first-half profit growth.
Hong Kong-headquartered multi-format retailer Dairy Farm International has celebrated its 130th anniversary with a strong set of results.
The Singapore online grocery market is set to more than triple in size over the next three years, according to research house IGD.
Dairy Farm International’s Indonesia operation continues to struggle in food – but Ikea trades above expectations.
Jaya Grocer Malaysia is attracting the interest of private equity firms wanting to buy a shareholding of up to 49 per cent.
Weak performances in Singapore and Indonesia eroded underlying profits in multinational retailer Dairy Farm Group’s food division last year.
New Giant Malaysia stores will open in Setapak (Kuala Lumpur), ICangar (Kedah), Kota Baru (Kelantan) and Jeneh (Terenggam), this year – along with two other locations yet to be revealed.