- DFI Retail has streamlined its operations by divesting low-margin, low-strategic value businesses and exiting associate stakes with limited control, including those in Yonghui and Robinsons Retail.
Well positioned to weather an increasingly uncertain macroeconomic climate.
- - Read this at SGinvestors.io -
On-ground 7-Eleven checks indicate headroom for RTE mix growth and process automation to lift convenience profitability.
- - Read this at SGinvestors.io -
- Ready-to-eat (RTE) combos, such as onigiri with coffee, are most popular for breakfast around office clusters. We noted that selected stores have added hot pizza and smoothies, broadening their appeal to a wider customer base. Self-checkout counters have been installed in some outlets, which should reduce labour requirements and improve segment profitability.
Despite headlines regarding delivery wars, superior margins and store-expansion headroom should sustain growth in South China.
- Read more at SGinvestors.io.