[3] As of 2022, Cold Storage operates 50 stores in Singapore,[4] located across the country in city centre, affluent suburbs and HDB (public housing) estates.

[citation needed] 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.

[13] In 1985, Cold Storage Malaysia opened its first Majik Market store in Bangsar Baru, Kuala Lumpur,[14] It operated under a franchise from Mumford Inc of Atlanta, USA,[15] which complements its existing Jaya Supermarket chain but differ in concept and management.

[14] 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.

[14] 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.

[17][18] Cold Storage supermarkets sell products from DFI's Meadows and Yu Pin King private labels.

[20] Giant, a subsidiary of Cold Storage, is one of the largest players of the retail industry in Singapore as well as in Malaysia, having over 85 branches spread throughout the country.

[citation needed] Dairy Farm Singapore acquired Shop N Save in 2003, 35 stores from QAF and Belgian retailer, Delhaize.