Metro Holdings

Metro Holdings has outlined several growth strategies to bolster its retail operations. This includes capitalising on its retail brand name in Singapore and Indonesia, increasing market share and improving its assortment of merchandise. This was outlined in a recent financials presentation to investors.

It also looks to consolidate operational efforts to achieve higher efficiency and productivity and continue its focus on a multi-media strategy while enhancing its customer shopping experience.

In a report by The Straits Times, Metro Holdings has also been more aggressive in its marketing. That being said, its gross profit saw a drop by 18.5% to SG$2.3 million because of lower margins and higher operating costs. Metro’s chief of retail operations David Tang, also said that consumers are more price-conscious and the retailer is currently facing high competition. Marketing has reached out…