Why is DFI closing Giant outlets in Singapore?

Will DFI Retail Group's right-sizing moves boost profitability and shareholder returns? The pan-Asian retailer’s latest closures of Giant outlets in Singapore signal a shift towards ready-to-eat and fresh produce with its Cold Storage and CS Fresh brands.

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[joyess]

that’s crazy. the last thing we need is less competition and more monopoly. this is terrible news for us consumers

[kaktees]

But but…giant varieties mean giant savings :(
I love that giant brings in things from Malaysia that you can’t find in ntuc.

[umaryati]

DFI or known as Dairy Farm Investment has been this way for many years... the last time it closes all outlets was "Shop N Save"... nothing new to me anyway... 😂

[muhammadridzwan]

they need to clean up the stores physically and the image...Giant stores looked like a rundown stores...products especially fresh produce looks like it was dumped there not placed thoughtfully by staffs

[Black_Sun_Dark_Star]

Yeah, right! More like trying to improve their shareholder value.

[TheHKDJNCM]

It was cheap, and then Sheng Song comes in with Cheap and Nice. What's the point of going Giant for such poor management and quality?

[chrisl]

Hard to compete with 100x every Saturday

[dinoyong]

Ain’t rocket science, worst positioning store, not cheap enough, not known for anything, directionless, no marketing, worst image of all brands..they lucky they didn’t loose their pants. Think this giant is asleep most times

[windydragon]

NTUC n Sheng Shiong can duet song-song liao

[fion]

This sucks cannot give NTUC monopoly, they are not fair price at all. Even some Cold Storage gone and NTUC replaced them. :(

[chaz]

Jai Hind. Consolidation and Oligopoly will inevitably lead to high rental profits among the remaining supermarket operators

[JonTan-ze]

giant supermarkets socks donkey brawllls. iv never seen a more sorry excuse of a supermarket than poorest and lowest quality and worst selection of goods and the place looks dingy as

even supermarkets like shop n save from the 2000s were better than giant.

miss the days when carrefour was still in singapore. they really need to bring carrefour hypermart dont care if the government has to subsidise it, sometimes u just have to do it for the greater good of

[cheny]

GIANT has one of the worst food / products quality...

[SShiJie]

Tbh I would prefer NTUC to Sheng Shiong to Giant

[kingdom-ie]

These days i buy many of my groceries online.

[Paul-H-Wolfram]

Question : "Why is DFI closing Giant outlets in Singapore"
😁😆🤣 My Answer : Well, probably because the Giant was defeated by many dwarfs (NTUC Fairprice, Sheng Siong, Primemart, Ang Mo supermarket, Econ minimart and so on)

[marktn]

It works for Cosco. Maybe they can learn from there.

[RemoGrivois]

Thanks for the analysis! 🔍 Just a small off-topic question: 😅 I have these words 🤨. (behave today finger ski upon boy assault summer exhaust beauty stereo over). I’d be grateful for some help. 🙌