Supermarkets

Singapore’s retail sales fell 1.9% y-o-y in November 2020, marking an improvement from the 8.5% y-o-y decline in October 2020, according to data released by the Department of Statistics (SingStat)

Covid-19 is forcing F&B and retailers to step up their online presence.

SINGAPORE (May 29): RHB Group Research’s analyst Juliana Cai continues to rate Sheng Siong “buy” with a higher target price of $1.72 from $1.63 previously.

SINGAPORE (Mar 20): RHB Research is upgrading its call on Dairy Farm from “neutral” to “buy” despite lowering its target price to US$8.25 from US$8.64 previously with the view that long-term invest

SINGAPORE (Dec 17): DBS Vickers Securities is “overweight” on the consumer goods sector, on the belief that F&B and retail services in Singapore are likely to outperform other cyclical industri

SINGAPORE (Apr 3): Maybank Kim Eng is resuming coverage of Sheng Siong Group at “buy” with a price target of $1.20, or 25 times FY18 earnings and 7 times EV/EBITDA.

SINGAPORE (Feb 19): RHB is maintaining “overweight” on Singapore’s consumer staples sector while highlighting Dairy Farm as its preferred “buy” pick with an unchanged target price

SINGAPORE (July 14): OCBC Investment Research continues to rate Sheng Siong Group (SSG) at “buy” with an unchanged fair value estimate of $1.15, pending the supermarket chain operator’s release of

SINGAPORE (June 13): OCBC Investment is maintaining its “neutral” rating on Singapore’s consumer sector given a lack of broad-based improvement for the retail scene, as well as the continued expans

SINGAPORE (April 12): Singapore's retail sales in February fell from a year earlier for the first time since August, due to a sharp drop in the sales of food, beverages and apparel and a decline in