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Robinsons broke the shocking news last Friday that it was closing all of its remaining stores in Singapore and Malaysia, amid a retail decline that began even before business was severely affected by the COVID-19 pandemic.
The company has started the liquidation process, and its assets and operations in Singapore are now managed by its designated settlement firm, KordaMentha.
In a press release on Friday (November 6), Robinsons said: “The extensive offering includes discounts on all ranges in the store, including fashion, beauty, home goods, accessories and travel. Everything has shrunk and should be gone, including new stock still arriving as warehouses empty. Customers are encouraged to take advantage of these great discounts while supplies last. “
Robinsons in Raffles City. (PHOTO: Janet Ong / Yahoo)
Robinsons said liquidators expect the stores to remain open for the next several weeks to facilitate final sales for customers before closing, but could not confirm how long the stores will remain open.
A Robinsons spokesperson said: “There are some great deals to be found in the store, we encourage customers to visit the stores as everything is now reduced and we expect ranges to sell out quickly.
Robinsons had previously announced in May that it would close its Jem store in Jurong in August.
The affected outlets in Malaysia are at Shoppes at Four Seasons Place and The Gardens Mall. The designated liquidator in Malaysia is Datuk Robert Teo Keng Tuan of RSM Malaysia.
Customers packed the Robinsons store in Heeren last Friday even as vendors emptied the shelves of produce. (File Photo: Yahoo Lifestyle SEA)
With the closings imminent, Robinsons will end its operations in Malaysia and Singapore after 162 years.
Robinsons is owned by the Dubai-based Al-Futtaim Group. Al-Futtaim also owns the Singapore retailers Marks & Spencer and Zara, which are still in operation.
Robinson Department Store was established in Singapore on February 1, 1858 by Philip Robinson, an English merchant, and James Gaborian Spicer.
The business started as a “family store” at Plaza Comercial No. 9 and 10 (now known as Raffles Place) and sold food products such as teas, rice, sugars, oats, cookies, crackers, cheese, preserved meats and headgear. .
Robinsons withstood the bombings of World War II, a great fire in 1972, and several ownership changes in its long history.
Singaporeans mourned the loss of the local retail icon when it announced the impending closures, and customers rushed to make their last purchases over the weekend, even as panicky vendors cleared the consignment shelves out of fear of that the Robinsons could not pay them for the products sold.
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