For many of us, grocery shopping is a weekly affair. In fact, I do it so frequently that I can visualise my grocery shopping route before I step foot into the Sheng Siong outlet in Bedok. And I’m willing to bet that you are quite familiar with your local grocery store too.
On that note, Warren Buffet had mentioned that he restricts himself to businesses that he is familiar with. Hence, I am going to compare two of Singapore’s biggest grocery chains here – Dairy Farm International (SGX: D01) and Sheng Siong (SGX: OV8), whose businesses we are more familiar with.
Business Models Of Dairy Farm vs Sheng Siong Dairy Farm International Holdings Limited (SGX: D01)
Source: Dairy Farm International
Some of the more famous supermarket chains that Dairy Farm operates include Cold Storage, Market Place, Giant and 7-Eleven.
However, they also operate health and beauty stores such as