This article was last updated on April 16, 2022
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This Monday NTUC FairPrice opened the doors of its member’s only megastore in Joo Koon for shoppers who want the most from their money during bulk buying of groceries and household items. The megastore is double-storey and includes over 4000 products.
The list of items includes frozen foods, groceries, fresh foods, household items as well as health and beauty products. The Warehouse Club’s retail format follows the format of Costco in the United States . According to information provided by Today Online news portal, the concept has also spawned similar membership-based stores in Japan, South Korea, Taiwan and Australia, where time-strapped consumers buy in bulk to reduce frequent grocery shopping trips while saving. While speaking at the store’s opening yesterday, NTUC FairPrice deputy CEO of operations, Mr Gerry Lee, said: “Warehouse Club is a unique concept that caters to bigger families, corporate events, people who want to do parties.”
The news portal quoted Mr Jack Wong, 55, who runs a porridge and bee hoon stall in Commonwealth: “Although the supplies I need might be cheaper (at Warehouse Club), transport fees or even fuel costs might add up to be about the same, as I do not live near (Warehouse Club),” he said. “Furthermore, the long hours as a hawker leave me too tired to shop for my own supplies and there are no delivery services from Warehouse Club.”
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