Daily Cuts - Another outlet bites the dust – what is the fate of Giant supermarket?

Supermarket chain Giant will close its ninth store in Toa Payoh Lorong 4 in September, as it grapples with stiff competition from online retailers and other grocery stores. This closure will leave Giant with 45 outlets here, down from 53 in February. In 2024, the grocer opened a store in Tengah. Andrea Heng and Hairianto Diman speak to Assoc Prof Lau Kong Cheen, School of Business, SUSS, to examine the possible reasons for Giant’s lack of competitive edge compared to other supermarket brands.