162-year old chain Robinsons closing last stores in Singapore

_A Monitor Report Date: 31 October, 2020
162-year old chain Robinsons closing last stores in Singapore
162-year old chain Robinsons closing last stores in Singapore

Dhaka: Popular department store chain Robinsons will be closing its last two outlets in Singapore at The Heeren and Raffles City Shopping Mall. According to reports, the department store operator had been put under a creditors' voluntary winding up.

In a statement from Robinsons senior general manager, Danny Lim, he said, "We regret this outcome today. Despite recent challenges in the industry, the Robinsons team continued to pursue the success of the brand. However, the changing consumer landscape makes it difficult for us to succeed over the long-term and the Covid-19 pandemic has further exacerbated our challenges."

Robinsons employees were informed of the news on October 30. The company mentioned that employees will be paid in line with the next payment cycle.

Liquidators will also work with The Singapore Manual and Mercantile Workers' Union (SMMWU), E2i and the NTUC Job Security Council to ensure that employees will be supported.

The department store was founded in Singapore 162 years ago in 1858. Robinsons at Jem recently closed its shutters in August this year. Reports said that two Robinsons outlets in Kuala Lumpur, Malaysia, will be going through the same liquidation process as well

Share this post



Also on Bangladesh Monitor