I don't shop at Carrefour, but i understand why they cannot achieve their vision.
Supermarket business is dominated by NTUC in Singapore, given its reach at every HDB estate and prime location malls.
NTUC wants to move further up the chain by capturing the more premium market segment with NTUC Finest. I am ok with NTUC Finest, but some other attempts by NTUC are nothing but thrash, eg. Cheers... and that Liberty is it still in existence? It is such an irony to call a state owned supermarket Liberty.
Sheng Shiong's success in entering the local scene is quite a coup, considering the number of supermarket chains that have been killed off by NTUC. But the man is not stupid, if not why would he want to list a profitable company? Reap the riches now before the chain goes on the downward path. One would have noticed the stuff in Sheng Shiong are no lonher cheap. $6 watermelons, strawberries more expensive than cold storage, etc, etc. It has lost its "cheapest" image... banglas, maids, aunties, Chinks are buying from Sheng Shiong because they still believe Sheng Shiong is the cheapest.
I don't believe for a second a supermarket like Cold Storage will close down in Singapore. It carries a lot more varieties than what you find at the mass market chains. Fruits, my favorite supplies, are better quality and cheaper in Cold Storage.
As consumers, having more choices is always a plus. It will be really stupid to cheer on NTUC to dominate.