Sheng Siong Archives - Inside Retail Asia
Singapore’s Sheng Siong supermarket group is on track to open its 50th store this year.
The Singapore online grocery market is set to more than triple in size over the next three years, according to research house IGD.
High profile Singapore retailers have signed up to a government led program aimed at reducing food wastage.
HonestBee – a new online grocery concept in Singapore is promising a battle in the grocery shopping sector.
Singapore supermarket operator Sheng Siong says sourcing retail space in some areas is becoming so hard it may be forced to buy sites. The company reported a 15 per cent rise in third quarter net profit this week, which it said was the result of increased sales and improved margins. Sheng Siong has 33 stores in the city state – but made particular comment on sourcing new sites. “Sourcing for retail space in old HDB (Housing and Development Board) estates remains challenging and the gr…
Singapore supermarket operator Sheng Siong is partnering with Kunming Lu Chen Group to open China stores. Sheng Siong and food products manufacturer and distributor Kunming Lu Chen Group have entered into an agreement to form a joint venture that will operate the supermarket brand in the mainland China. Sixty per cent of the JV will be owned by Sheng Siong, 30 per cent by Kunming Lu Chen Group and the remaining 10 per cent by Tan Ling San, executive director of Sheng Siong. The JV will …
Singaporean supermarket chain remains committed to expanding retail presence.
Singaporean supermarket chain posts 52.9 per cent growth.
Sheng Siong to open 50 supermarkets in Malaysia.