Singapore households spend about $424 per month on groceries, on average.
Given that we have a population of about 5.6 million people, imagine the amount of moolah that the supermarkets are raking in every month!
Now, wouldn't it be great if some of that goes back into your pocket on a consistent basis?
3 Major Supermarket Companies in Singapore
There are 4 common supermarkets in Singapore: NTUC Fairprice, Cold Storage, Giant, Sheng Siong
Of these supermarkets, Dairy Farm (SGX:D01) which owns Cold Storage, Giant and more) as well as Sheng Siong (SGX:OV8) are listed on the Singapore Exchange (SGX).
NTUC Fairprice is a co-operative, they are not listed publicly but they publish annual reports which the public can get access to.
Dairy Farm is the biggest company among them. On top of supermarket, Dairy Farm has various businesses, in various countries under their umbrella. Some examples are ...
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