Monday, July 23 2018


City supermarkets experience sales surge

Update: January, 04/2012 - 10:05

HCM CITY — Several supermarkets in HCM City report that the number of shoppers during the New Year holidays went up by 30 – 40 per cent compared to normal days.

The stores have increased the number of cashiers and extended trading hours to better serve customers.

Sai Gon Co.op Mart, for instance, reported that the number of shoppers rose by nearly 40 per cent over the same period last year.

To meet the growing demand at year-end, the supermarket chain has increased its stockpile of essential goods fourfold.

Nguyen Thanh Nhan, deputy general director of Saigon Co.op, said promotions and discounts had ensured an increase of 30 per cent in revenue per year.

He said purchasing power at the chain in recent days had increased by 50 per cent against earlier last month.

The purchases of garments and textiles, children's footwear, fresh foodstuff and dried goods such as confectionary, melon seeds, raisins and lucky envelopes increased sharply as residents prepare for Tet, the Lunar New Year holiday which falls on January 23.

Other supermarkets like Big C, Vinatex, Maximark and Lotte Mart have also reported that the number of customers had been increasing over the last few days.

Big C is offering discounts of up to 50 per cent on more than 1,200 essential items to boost sales. It had also increased supply of goods by 30 per cent to meet customer demand.

Similarly, Vinatex supermarket also offers discounts of 50 per cent on several items, including garments and textiles, cosmetics and foodstuffs, until January 8.

As of today, Vissan Limited Company, which is active in the processing and trading of fresh and frozen meat and meat-based foods, has completed preparation of goods for Tet.

The company said it would ensure that there would be no shortage of meat for Tet, and prices would remain stable until after Tet.

The company may slash prices on certain kinds of fresh pork for two days before Tet to help poor people buy food in preparation for their home party.

Dai Dong Tien Corporation is offering a discount of 20 per cent on all household plastic products at supermarkets and shops nationwide.

At traditional markets, the price for many fresh foods such as chicken, shrimp, fish, fruit and vegetables rose a little at year-end due to small traders raising prices based on high consumer demand.

At wholesale markets such as Tam Binh and Binh Dien, prices remained stable, with some even falling slightly.

According to the Tam Binh wholesale market management board, the quantity of inbound goods has gone up to around 3,600 tonnes per night, an increase of 200 tonnes per night compared to early December.

However, purchases at wholesale markets had not increased much compared to normal days. Management boards of wholesale markets said they expected it to rise dramatically about a week before Tet. With abundant supply this year, prices are not expected to fluctuate much. — VNS

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