Supermarkets

Hackers heat French supermarket fridges, sparking fires and spoiling food

2026-10-13T09:25:43.000Z
Maybank has lowered its forecast for new Sheng Siong stores in 2028 from five to four.
BROKERS’ TAKE

Sheng Siong shares fall 2.1% after Maybank downgrade, target price cut

2026-10-12T02:59:40.000Z
DBS says a sharper slowdown in Sheng Siong’s growth is likely in H2, due to a high base created by the SG60 vouchers.
BROKERS’ TAKE

DBS raises target price on Sheng Siong to S$3; expects earnings to ease once SG60 vouchers expire

2026-08-03T01:22:22.000Z
Hao Mart has been grappling with widening losses and a shrinking store network.

Supermarket and minimart chain Hao Mart faces fifth High Court lawsuit

2026-07-09T02:22:01.000Z
Sheng Siong has already secured three new outlets for the 2026 financial year, says RHB analyst Alfie Yeo.
BROKERS’ TAKE

DBS, RHB raise Sheng Siong target prices on expansion runway, CGSI holds steady

2026-05-05T02:53:26.000Z
Hao Mart's first outlet, which is in Whampoa, has been in operation for about 10 years.

Hao Mart shuts stores, sinks deeper into losses with four High Court lawsuits looming

2026-04-23T07:22:06.000Z
Certain items from specific countries could face temporary shortages or become less available, even as Singapore’s food supply remains stable, the Singapore Food Agency said.

From Thai jasmine rice to salmon: Singapore could see tighter supply of some foods amid Iran war

2026-04-22T00:00:00.000Z
Sheng Siong posted an 8.7% rise in net profit for the full year ended Dec 31, 2025 to S$149.5 million.
BROKERS’ TAKE

CGSI upgrades Sheng Siong to ‘add’; RHB raises target price on store outlook

2026-03-04T04:37:47.000Z
CEO Alexandre Bompard said: “Carrefour is adopting an ambitious new strategic plan today, radically focused on growth and improving profitability.”

Carrefour CEO eyes higher profits under core markets refocus

2026-02-18T07:22:31.000Z
For Aeon, Kusuri no Aoki represents a potential valuable addition to its strategy of consolidating Japan’s fragmented retail market.

A family fights to keep control of 157-year-old firm in Japan

2026-02-16T01:11:26.000Z