New Econ Holdings is a chain management franchisor of 20 minimarts in Singapore. They are primarily located in the heartland that is close to the consumer, therefore it’s convenient for the consumer to shop and restock their grocery within walking distance away.
This brings us back to the olden days of the “kampong spirit” where everyone knows each other as a family because of the personalised touch points by the retailer, they often know the customer by name and their shopping behaviour.
New Econ bands the minimart retailers together and then leverages and work with relevant government bodies, technology providers and related parties to leverage training and digitalisation to digitalise some of the retail store operations thereby increasing productivity.
● Point of Sale (POS) system
● Cloud-based data storage solution
● Data Analytics
● Stock management system
New Econ stores are mainly the next-generation minimart owners who have taken over their parent’s business and have agreed to go for group digital transformation together.
Company Details
- Employees
- 2
- Founded
- -
- Address
- 103 Yishun Ring Rd, #01-79,singapore
- Industry
- Retail
- NAICS
-
Retail TradeMotor Vehicle and Parts DealersSporting Goods, Hobby, Musical Instrument, and Book StoresGeneral Merchandise StoresMiscellaneous Store RetailersNonstore RetailersProfessional and Commercial Equipment and Supplies Merchant WholesalersMiscellaneous Durable Goods Merchant WholesalersMiscellaneous Nondurable Goods Merchant WholesalersOther Motor Vehicle DealersAutomotive Parts, Accessories, and Tire StoresSporting Goods, Hobby, and Musical Instrument StoresDepartment StoresGeneral Merchandise Stores, including Warehouse Clubs and SupercentersOther Miscellaneous Store RetailersVending Machine OperatorsDirect Selling EstablishmentsRecreational Vehicle DealersMotorcycle, Boat, and Other Motor Vehicle DealersAutomotive Parts and Accessories StoresTire DealersSporting Goods StoresHobby, Toy, and Game StoresSewing, Needlework, and Piece Goods StoresPet and Pet Supplies StoresArt DealersManufactured (Mobile) Home DealersAll Other Miscellaneous Store RetailersFuel DealersOther Direct Selling EstablishmentsBoat DealersMotorcycle, ATV, and All Other Motor Vehicle DealersMusical Instrument and Supplies StoresWarehouse Clubs and SupercentersAll Other General Merchandise StoresTobacco StoresAll Other Miscellaneous Store Retailers (except Tobacco Stores)
- Website
- newecon.sg
- Keywords
- Digital Transformation, Cloud POS System, Cloud Inventory, Cloud Computing, Data Analytics, Digital Marketing, Digital Payment.
- HQ
- Yishun, Singapore
New Econ Holdings Questions
New Econ Holdings's website is newecon.sg
New Econ Holdings's LinkedIn profile is https://sg.linkedin.com/company/new-econ-holdings
New Econ Holdings has
2 employees.
View email and phone details for 2
employees at New Econ Holdings.
New Econ Holdings's industry is
Retail
New Econ Holdings's top competitors are
7m Mall,
Danz Hariya Employment Services,
Carepoint International Pte Ltd,
Ang Mo Supermarket,
U Stars Supermarket,
Hao Mart Pte Ltd,
Winning Solutions Pte Ltd,
Bubbles Swim School Singapore,
Chara,
Prime Supermarket Limited.
New Econ Holdings's categories are Retail
New Econ Holdings's founding year is 2017
