February 18, 2009 Wednesday
Updated
Feb 18, 2009
Budget shoppers fuel growth
By Jessica Lim
THE downturn has made bargain-hunters out of shoppers, who have hit pay dirt in shops selling cut-price items.

The booming business in such shops, which hawk anything from groceries to batteries to plastic household items, is fuelling expansion plans among those which are chain stores.

The store chains include the 24-year-old Sheng Siong and the supermarkets under the MCP banner, a relative new kid on the block with six outlets and two more to come this year.

Read the full report in Thursday's edition of The Straits Times.

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