Best Mart 360 Holdings Limited announces 2018- 2019 Annual Results Best Mart 360 Holdings Limited announces 2018- 2019 Annual Results

New Co.opmart supermarket opens in Cần Thơ

Saigon Co-op, the country’s leading fast-moving consumer goods retailer, on December 21 opened a new Co.opmart supermarket in Cần Thơ City’s Bình Thủy District, the 106^th Co.opmart store in the country and third in the city.

Supermarkets develop own brands

From the many cooking oils on a shelf at Co.opmart Đinh Tiên Hoàng supermarket, Nguyễn Thanh Trúc of District 1 has picked a 2l bottle of Co.opmart soya cooking oil.

Supermarket branding take a foothold It is increasingly common to find products labelled under supermarket brands, offering less expensive prices on shelves of supermarkets in major cities.

Store brands gain in popularity Attitudes toward retailers' private labels or store-branded products are improving throughout Southeast Asia, Nielsen, the global information and measurement company, said in a report released last week.

Store brands enhance profits Supermarkets hope to see a spike in profits by teaming up with private labels to produce affordable and enticing store brands.

Store brands benefit supermarkets, small and medium enterprises

upermarkets hope to see a spike in profits by teaming up with private labels to produce affordable and enticing store brands.

The strategy hopes to emulate the success of the private brands, which have been a major success story in recent years, while using supermarket buying power to expand the supply chain, said Ha Noi Supermarket Association chairman Vu Vinh Phu.

Phu added that producers will have to re-label their products with supermarkets names before becoming private label products sold in supermarkets.