12 Jul '11, 11pm

NTUC Fairprice: profit, not providing commodities at fair prices, is our main concern.

NTUC Fairprice: profit, not providing commodities at fair prices, is our main concern.

Supermarket giant NTUC FairPrice said on Tuesday that it shut down its outlet in the Hougang Community Centre because it was 'no longer a viable business option'. -- ST PHOTO: ALPHONSUS CHERN SUPERMARKET giant NTUC FairPrice said on Tuesday that it shut down its outlet in the Hougang Community Centre because it was 'no longer a viable business option'. It was responding to an article published by The Online Citizen (TOC), an online sociopolitical website, which said some residents wondered if FairPrice closed it in order to 'boycott' an opposition-held ward. Hougang, a single-seat ward, is held by the Workers' Party (WP). FairPrice's managing director of business groups Gerry Lee said 'the decision to open a new store or to close down an existing store are commercial decisions driven by factors such as profitability of the store and competition'. The lease for the Hougang ...

Full article: http://www.straitstimes.com/BreakingNews/Singapore/Story/...

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NTUC Fairprice in Hougang closes | The Online Citizen

NTUC Fairprice in Hougang closes | The Online C...

theonlinecitizen.com 11 Jul '11, 4am

The NTUC FariPrice Supermarket at Hougang Community Club has closed down with effect from today. The outlet especially ser...