Robinson's, the iconic department store chain, is closing down all its stores in Singapore after 160 years of operation. The closure is part of a strategic decision by its parent company, Dairy Farm International, to focus on its core businesses in food and healthcare.
The closing down sale started on July 15, 2023, and will run until all stocks are cleared. During the sale, customers can enjoy discounts of up to 90% on a wide range of merchandise, including clothing, accessories, homeware, and electronics.
Robinson's is one of the oldest and most well-known department stores in Singapore. It was founded in 1858 by James Robinson, a Scottish merchant who arrived in Singapore in the 1840s. The store quickly became a popular destination for shoppers, and it expanded to multiple locations across the island over the years.
In recent years, however, Robinson's has faced increasing competition from online retailers and other department stores. The company has also been struggling with declining sales and profitability. In 2022, Robinson's reported a loss of S$10 million.
The closure of Robinson's is a sad day for many Singaporeans. The store has been a part of the country's retail landscape for generations, and it will be missed by many shoppers.
The Robinson's closing down sale is expected to be a major event, with shoppers flocking to the stores to take advantage of the deep discounts. Here are some of the things you can expect to find at the sale:
If you're planning on shopping at the Robinson's closing down sale, here are a few tips to help you make the most of your experience:
Dairy Farm International has not yet announced what will happen to the Robinson's stores after they close. However, it is likely that the stores will be sold or leased to other retailers.
The closure of Robinson's is a sign of the changing retail landscape in Singapore. Online retailers and other department stores are increasingly competing for market share, and traditional department stores like Robinson's are struggling to keep up. It is unclear what the future holds for Robinson's, but it is likely that the brand will eventually disappear from the Singapore retail landscape.
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