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Robinsons exited Singapore and Malaysia in 2020 due to the COVID-19 pandemic.In August that year, Robinsons announced the closure of its Jurong East Mall outlet, [9] followed by their main outlets at The Heeren and Raffles City on 30 October, ending its 162-year history and joining the list of closures in the city-state, such as Topshop, Hotwind and Esprit Holdings.
Millions of yen Millions of USD* Year Isetan Shinjuku Owned Japan Tokyo Sep 28, 1933 open 64,296 692,080 2007 256,980m 2,357m 2007 Flagship. Attracts over 30 million shoppers per year. As of 2007, was often the #1 in apparel sales among all department store locations in Japan. Makes the claim to be one of the most influential department stores in Japan and often first in showcasing new trends ...
Isetan (Singapore) Limited (SGX:I15) trades with a trailing P/E of 107.1x, which is higher than the industry average of 16.6x. Although some investors may jump to the conclusion that youRead More...
An outlet store, factory outlet or factory store is a brick and mortar or online store where manufacturers sell their merchandise directly to the public. Products at outlet stores are usually sold at reduced prices compared to regular stores due to being overstock , closeout , returned , factory seconds , or lower-quality versions manufactured ...
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In 2020, due to the circuit breaker measures as a result of COVID-19 pandemic in Singapore, the Great Singapore Sale was cancelled on 3 May and moved online from 24 August, making it the first online GSS in its 26 year run. [5] In 2021, the Great Singapore Sale [6] teamed up with online shopping platform Lazada [7] and transformed the retail scene.
Most department stores are clustered around Orchard Road in Singapore. The most well-known department stores in Singapore are BHG (formerly known as Seiyu), Isetan, John Little, Marks & Spencer, Metro, Mustafa, OG, Robinson & Co., Takashimaya and Tangs. Some of their branch outlets can also be found in the suburban shopping centres.
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