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The story
Early years
Established in 1903 in Singapore, Cold Storage started as a small depot storing and selling mainly frozen meat. Cold Storage was then known as the Singapore Cold Storage Company, and was the main manufacturer of ice in Singapore. Taking advantage of the booming ice manufacturing and refrigeration business, Cold Storage ventured into the ice cream business. In 1923, a small factory was set up at the Borneo Wharf of the Harbourfront district to manufacture ice cream under the Paradise brand.
In its early days, the company's primary concern was to have a quick and profitable turnover of its imported meats and range of products. Cold Storage later shifted from counter-service to self-service, introducing the supermarket to Singapore.
Tropical dairy farm
In 1937, Cold Storage founded the world's first tropical dairy farm at the Bukit Timah district of Singapore, which aimed to produce fresh pasteurised milk. This farm, then known as the Singapore Dairy Farm, was situated inside what is now the Bukit Timah Nature Reserve. It kept as many as 800 cows. Pasteurised milk produced at the farm was packaged in pyramid-shaped cartons and sold under the brand Magnolia. By 1974, the farm was planned to be redeveloped into a residential area.
Cold Storage is the Singapore's oldest established supermarket operator. It was the first supermarket in Singapore to receive the CaseTrust Mark introduced by the Consumer Association of Singapore (CASE) in 1998 which identifies companies that receive a high degree of consumer confidence. It was also the first supermarket in Singapore to receive MUIS certification for its supermarket operations at Causeway Point in Woodlands, thus providing Muslims with the assurance of Halal purchases.
Recent years
In 1973, Cold Storage's Pasaraya Malaysia, a joint venture of Cold Storage's subsidiary Supermarkets Malaysia and "Malaysian interests" was responsible for the construction of Jaya Supermarket in Petaling Jaya, set to be completed in April 1974.
In 1985, Cold Storage Malaysia opened its first Majik Market store in Bangsar Baru, Kuala Lumpur, It operated under a franchise from Mumford Inc of Atlanta, USA, which complements its existing Jaya Supermarket chain but differ in concept and management. Due to competition from 7-Eleven, whose Malaysian franchise was then operated by the Antah Holdings group, Cold Storage Malaysia phased out Majik Market as part of its streamlining process.
Cold Storage Malaysia, along with Peremba, Gaya Timur and Jusco were responsible for the initial version of Jaya Jusco "superstores" in 1985, with three stores in Dayabumi, Taman Tun Dr Ismail and Subang Jaya.
In 1987, Cold Storage Malaysia, which had been through a difficult financial phase in the previous three years, had a change in management with some senior executives leaving.
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In 1992, DFI Retail Group purchased the company, although no major changes were made to the Cold Storage brand.
Cold Storage started the Fresh Food Distribution Centre in Singapore in 1999, a composite multi-temperature warehousing for fresh and frozen food distribution.
In 2023, DFI Retail Group divested its Malaysian food retailing business (including Cold Storage brand in that country) to Macrovalue Sdn Bhd.
In 2025, DFI Retail Group sold the Singaporean food retailing business (including Cold Storage brand) to Macrovalue Pte Ltd.
In August 2026, Cold Storage launched Cold Storage On The Go, a convenience store format, at an Esso station on East Coast Road. The company planned to introduce the format at all 58 Esso stations in Singapore during 2026, replacing FairPrice Group's convenience stores.
From Wikipedia’s article on Cold Storage (supermarket), shared under CC BY-SA 4.0.4