
07 April 2025
Macrovalue Bought Singapore's Cold Storage and Giant Supermarkets
Its not easy to operate supermarkets in Singapore, especially in terms of rental. The new owner, Macrovalue had already owned Malaysia's counterpart, Cold Storage and Giant supermarkets as well. I got to admit that i love to do my groceries shopping in Cold Storage as the products were of better quality. Giant on the other hand, is of lower quality especially in Malaysia. And i don't like Malaysia's side of Giant preventing shoppers of carrying backpack into the supermarket and forced to deposit into their security's shelf. I can relate to why they want to deter theft, but is giving genuine shoppers like me to feel irritated. So with Macrovalue taking over Cold Storage and Giant Supermarkets in Singapore, i really hope that Cold Storage will remain as premium as it is. Well let's see how. But something is indeed brewing.
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