The Business Times18 天
Giant, Cold Storage turn profitable in Singapore; owner DFI sees growth potential from 7-Eleven
SINGAPORE] After several years of losses, DFI Retail Group’s supermarket operations in Singapore became profitable in 2024, owing in part to a strategy of shutting some Giant and Cold Storage stores ...
All Cold Storage, Giant outlets in Singapore to be sold to Malaysian group for $125m
Current owner DFI Retail Group will focus on its Guardian pharmacy and 7-Eleven convenience store businesses in Singapore.
DFI Retail Group Sells its Singapore Cold Storage and Giant Stores: What’s Next for the ...
The sale proceeds could be reinvested or paid out as a special dividend. The post DFI Retail Group Sells its Singapore Cold ...
M’sian group to buy Cold Storage, Giant in S’pore
SINGAPORE: All Cold Storage and Giant supermarket outlets in Singapore will be sold to Malaysian retail group Macrovalue for ...
Malay Mail on MSN11 天
Singapore’s Cold Storage, Giant supermarkets sold to Malaysia’s Macrovalue in S$125m deal
All Cold Storage and Giant supermarket outlets in Singapore will be sold to Malaysian retail group Macrovalue for an initial ...
Free Malaysia Today on MSN11 天
Macrovalue to buy all Cold Storage, Giant outlets in S’pore for S$125mil
Malaysian retail group Macrovalue is buying up all Cold Storage and Giant supermarket outlets in Singapore for an initial ...
DFI Retail Group's Strategic Divestment of Singapore Food Business to Macrovalue for S$125 ...
The divestment reflects DFI's response to the challenging retail landscape marked by rising food costs and increased competition. By refocusing on Guardian and 7-Eleven, DFI aims to enhance customer ...