Carrefour Done For In Singapore

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Carrefour shut down all of its operations in Singapore which comprise two outlets at Suntec City and Plaza Singapura, by end of 2012. Dairy Farm’s hypermarket arm, Giant, will replace Carrefour as anchor grocer, taking a 60,000 sq ft shop space in a separate location at  Suntec City.

It is not a surprise move, as Carrefour had announced a scaling back of its operations in Malaysia, Thailand and Singapore in early 2010.

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