Cold Storage (supermarket)
||A major contributor to this article appears to have a close connection with its subject. (December 2013)|
|Key people||Choo Peng Chee, CEO|
|Products||Grocery Stores, No Frills Supermarkets|
|Parent||Dairy Farm Group|
It operates three supermarket brands in Singapore and Malaysia; Cold Storage (in Singapore, Malaysia and Indonesia), Market Place (in Singapore) and Giant Hypermarket (in Singapore, Malaysia, Brunei Darussalam, Indonesia, Vietnam and UAE).
Cold Storage was the first supermarket of Singapore to offer its merchandise in cyberspace in 1997. The number of regular customers has since then grown from 6,000 in 1998 to more than 15,000 in 2012.
Established in 1903, Cold Storage started as a small depot storing and selling mainly frozen meat from Australia.
In its early days, the company's primary concern was to have a quick and profitable turnover of its imported meats and range of products. Later, Cold Storage shifted from counter-service to self-service, introducing the supermarket to Singapore. Then, the company pioneered the concept of multiple retailing, capitalising on bulk buying and economies of scale.
As the island's oldest established supermarket operator with over 100 years of experience in Singapore, Cold Storage is considered the market leader in Singapore. It was the first supermarket in Singapore to receive the CaseTrust mark introduced by CASE in 1998 to distinguish companies that receive a high degree of consumer confidence. It was also the first supermarket in Singapore to receive MUIS certification for its supermarket operations at Causeway Point, thus providing Muslims with the assurance of Halal purchases.
In recognising the importance of freshness guaranteed, Cold Storage started the Fresh Food Distribution Centre in Singapore in 1999, a composite multi-temperature warehousing for fresh and frozen food distribution.
Store brands and types
SGS has awarded HACCP certification to Cold Storage, quality and integrity in food safety. Now, It operates 48 stores in Singapore, located across the country in city center, affluent suburbs and HDB estates, and 19 stores in Malaysia.
In Malaysia, Cold Storage is known for stocking rare, delicatessen-type goods that are not normally available in regular supermarkets and normally caters to Expatriates. Cold Storage & Giant are co-owned by the Dairy Farm Group in Malaysia.
Market Place is a high-end supermarket brand and full-service retailer.
It started business in 1975, formerly known as "Jasons Market Place". Now, It operates six stores in Singapore; Jasons The Gourmet Grocer, La Tanglin Boulangerie, Tanglin Market Place, Paragon Market Place, Jasons Market Place and Market Place @ one-north.
And now, Market Place has other operates stores in Hong Kong and Taiwan by its Hong Kong sister company, Wellcome. It introduced the name of Market Place by Jasons (in Hong Kong) and Jasons Market Place (in Taiwan).
Shop N Save
As of 2012, it is a leading discount supermarket chain in Singapore, operating 50 stores located across the island in HDB estates and suburban malls. It sells a range of cheap products and fresh food. At 2013, It merged with Giant because they were in the same company.
Giant is one of the largest players of the retail industry in Malaysia, having over 85 branches spread throughout the country. It was founded by the Teng family in 1944.
Private label brands
First introduced with less than 50 items in categories such as rice, UHT milk, toilet paper and cooking sauces. As of 2012, it has more than 1,600 SKUs of housebrand products under two house brands, First Choice and No Frills at Cold Storage, Market Place and Shop N Save supermarkets. It offer a wide variety of goods in close to 40 categories from fresh squeezed juice to wines to drinks, frozen, dairy, snacks, wines, rice and noodles, breads and cereals, household, papergoods, kitchenware.
Launched in 1999, and a more expensive brand.
Developed in 1993, to provide cheap products.
Notes and references
- "shopping at store online". Cold Storage (Dairy Farm Singapore).
- "corporate history". Cold Storage (Dairy Farm Singapore).
- "store brands concept". Cold Storage (Dairy Farm Slalalaingapore).
- "Cold Storage store locations". Cold Storage (Dairy Farm Singapore).
- "about Jasons Market Place (Chinese Version)". Jasons Market Place Taiwan.
- "Market Place store locations". Cold Storage (Dairy Farm Singapore).
- "corporate milestones in 2003". Cold Storage (Dairy Farm Singapore).
- "Shop N Save store locations". Cold Storage (Dairy Farm Singapore).
- "our House Brands". Cold Storage (Dairy Farm Singapore).