February 01: Ang Mo, Hao Mart Exit Bag Charge; ESG, Retail Margins in Focus

February 01: Ang Mo, Hao Mart Exit Bag Charge; ESG, Retail Margins in Focus

Ang Mo Supermarket bag charge is back in focus after Singapore’s NEA deregistered Ang Mo Supermarket and Hao Mart from the disposable bag charge scheme. Both chains fell below the S$100 million annual revenue threshold, so they are no longer required to collect at least S$0.05 per bag. They can still choose to charge. Investors should watch how this move affects ESG optics, costs, and shopper traffic versus larger chains that must keep charging under the Resource Sustainability Act.

Continue Reading on Meyka

This article is available in full on our main platform. Get access to complete analysis, stock insights, and more.

Read Full Article →

Similar Posts

Leave a Reply

Your email address will not be published. Required fields are marked *