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Tag: NTUC fairprice

Retail Asia29/05/2018
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General

Cheers convenience store set expansion plan in Vietnam

1min0
Singapore-Vietnam convenience store joint venture Cheers has opened its third store, on Dinh Tien Hoang Street in downtown Ho Chi Minh City. Operated by Vietnam’s supermarket operator Saigon Co-op and Singapore’s NTUC FairPrice grocery network, Cheers is open 24 hours, selling fast-moving consumer goods, mostly imported, along with payment services for utilities. The stores offer […]
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Retail Asia16/01/2018
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E-Tailing

FairPrice and Grab to launch new subscription service

2min0
A subscription service is being planned by supermarket chain NTUC FairPrice and on-demand transportation/mobile payments platform Grab. They have signed a memorandum of understanding to embark on a joint initiative to complement the online-to-offline lifestyle of consumers by offering better value, convenience and access to goods and services. “Our strategic partnership with Grab signifies our […]
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Retail Asia11/12/2017
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General

NTUC FairPrice tries experiment on hypermarket

4min0
To mark the 10th anniversary of its hypermarket format, NTUC FairPrice has launched an experiential concept at its FairPrice Xtra hypermarket in Jurong Point shopping centre. Offering more than 26,000 grocery and household products across 57,000sqft (5300sqm) of retail space, the new hypermarket is designed to engage and entertain families in a carnival-like atmosphere with […]
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Retail Asia29/03/2017
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Real Estate

CapitaLand to manage SingPost Centre

3min0
CapitaLand, through its wholly owned shopping-mall business CapitaLand Mall Asia, has signed its first third-party shopping centre-management contract in Singapore to run the new SingPost Centre. Described as a world-first, Singapore Post is currently building the 25,000 sqm shopping centre which will allow online and offline retailers to showcase their products, side by side. The […]
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Retail Asia04/07/2016
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Food

FairPrice Shop grocer’s new budget banner

2min0
Singapore’s largest supermarket operator NTUC FairPrice has unveiled a new budget banner and format today, imaginatively named FairPrice Shop. The official opening ceremony of the first store was underway this morning in Eunos Crescent – the store will be called FairPrice Shop@Eunos. “As FairPrice continues to serve its social mission to moderate the cost of […]
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Retail Asia13/06/2016
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Food

FairPrice cuts prices on health grounds

5min0
Citing social concerns, Singapore grocer NTUC FairPrice cuts prices on wholegrain rice in a public commitment to aiding the fight against diabetes. The supermarket says a 5 per cent discount on all FairPrice housebrand wholegrain rice for the next three months will be matched by a similar reduction in the prices of all of its […]
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Retail Asia27/11/2015
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General

New CEO for NTUC Fairprice

5min
NTUC FairPrice has announced the resignation of  CEO Tan Kian Chew on December 31 after 23 years with the company. Tan will join the Singapore Labour Foundation as CEO. His replacement has been named as Seah Kian Peng, who will commence on January 1. Tan joined NTUC FairPrice in 1992 as one of its assistant […]
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Retail Asia17/11/2015
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General

Singapore government backs self-service technology

3min
The Singapore government is backing a push to urge shoppers to use self-service technology more in a campaign titled “We Are InDIYpendent”. Several supermarket chains, including the nation’s largest – NTUC FairPrice – have swung behind the initiative which was launched by the National Productivity Council (NPC). In a bid to galvanise more Singaporeans into […]
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Retail Asia03/11/2015
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Research

E-commerce startups: a wild card for the industrial market?

12min
THE bulls and bears of Singapore’s industrial property market often reflect the pace of economic growth and the composition of the manufacturing sector. Since its post-independence days, the manufacturing sector in Singapore has evolved to be a key contributor to gross domestic product (GDP) at approximately 20 per cent with strong support stemming from the […]
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Retail Asia28/10/2015
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Living

Asian retailers called into haze campaign

4min
As the toxic haze caused by Indonesian forest fires continues to enshroud Singapore and parts of Indonesia and Malaysia, the campaign to boycott brands linked to the fires is widening across Southeast Asia. Last week, the Singapore Environment Council (SEC) and Consumers Association of Singapore (Case)reached out to more than 3000 companies to get their […]
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Retail Asia09/10/2015
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Living

Sri Lanka to revive Sathosa with help from Singapore

4min
Sri Lanka’s state owned retail chain Lanka Sathosa, plans to get support to revive from Singapore as the retail chain is making continues losses, ministry of industry and commerce said in a release. Lanka Sathosa owned more than 310 outlets around the Island. “We are restructuring LAKSATHOSA and are still experiencing monthly losses,” Rishad Bathiudeen, […]
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Retail Asia23/09/2015
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Living

NTUC FairPrice opens $350m HQ

4min
NTUC FairPrice has officially launched FairPrice Hub, its new headquarters and high-tech distribution centre. The $350 million complex is equipped with technological innovations to manage increasing consumer demand for the next 20 years. The building was formally opened by Prime Minister, Lee Hsien Loong. Bobby Chin, NTUC FairPrice chairman, said FairPrice Hub is “more than […]
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Retail Asia18/09/2015
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E-Tailing

Honestbee, NTUC FairPrice partner online

2min
Singapore-based Honestbee and NTUC FairPrice have partnered to enable customers to have FairPrice products delivered to them within the next hour. This enables customers to carry out their grocery shopping from their favorite stores – in the comfort of their homes – via the honestbee online portal and receive their delivery in the next hour. Honestbee […]
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Retail Asia14/07/2015
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General

Cognizant Partners with supermarket retailer NTUC FairPrice Singapore

3min
Cognizant  has partnered NTUC FairPrice (FairPrice), a major supermarket retailer in Singapore, to digitally transform its business and provide customers with a seamless multi-channel shopping experience. By bringing together its consulting, industry and technology expertise, Cognizant reengineered FairPrice’s business processes, and implemented a digital e-commerce platform for the multi-format retailer to provide integrated, consistent and […]
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