Singapore's Robinsons retail chain closes after 162 years in business.

The company has been suffering losses in the recent years.


Alfred Lee

30 Oct, 2020

Singapore's Robinsons retail chain closes after 162 years in business. | BEAMSTART News

Robinsons Singapore, one of the oldest retailers in the country, will be shutting its doors for good.

The company has been suffering losses in the recent years, and the pandemic was the final nail in the coffin.

Robinsons confirmed the decision to close it in a statement on Friday by the company's senior general manager, Danny Lim. 

"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 pandemic has further exacerbated our challenges."

Despite the closure, the final 2 stores at The Heeren and Raffles City Shopping Centre may remain open a while for final sales.

Already a member?

Sign in to read this article & enjoy the following:

  • Access to members-onnly content, events, and more
  • Connect with a global community of CEOs, Business Owners, and more.
  • Free Business Feature & Profile Listing
  • Post Unlimited Jobs & Hire Talent Effectively
  • Connect with Investors and Fundraise
  • Search through entire members, companies, and investors directory
  • and lots more!

Latest Jobs

Senior Frontend Engineer

GovEagle

New York,

Full Time

USD 120000 — USD 200000 yearly

Senior Geospatial Data Scientist

KorrAI

Ontario,

Full Time

USD 75000 — USD 85000 yearly

Product Designer

Alex

California,

Full Time

USD 110000 — USD 170000 yearly

AI Product Focus - Senior Full Stack / Rails Engineer (Boston)

Yuma AI

Massachusetts,

Full Time

USD 1 — USD 150000 yearly

Senior Machine Learning Engineer

Provision

Ontario,

Full Time

USD 140000 — USD 300000 yearly

Founding Sales

Venta AI

Bavaria,

Full Time

USD 50 — USD 80 yearly

Sales Development Representative

VetRec

Full Time

USD 55000 — USD 70000 yearly

Technical Account Manager

Domu Technology Inc.

California,

Full Time

USD 75000 — USD 90000 yearly

Senior Backend Engineer

Nash

California,

Full Time

USD 180000 — USD 300000 yearly

Creative Design Legend

Conveo

England,

Full Time

USD 60000 — USD 120000 yearly

BEAMSTART is a hub for everything Startups, Entrepreneurship, and Innovation. Connect with a global community of people, and stay updated with the latest startup jobs, news, and discussions.

 
© 2016 - 2025 BEAMSTART. All Rights Reserved (Legal).