UK's Tesco ventures into Singapore as a strategic partner of FairPrice

Singapore

TWO supermarkets thousands of miles apart have formed a partnership to meet the demands of a niche market.

NTUC FairPrice announced on Wednesday a strategic partnership with Tesco, making the British food retailer's first official venture into Singapore. Tesco will be working with FairPrice on product curation and store execution, among other things, as compared to its previous role as a wholesaler to FairPrice.