Tokyu Hands' Westgate outlet to close in August

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SINGAPORE - Tokyu Hands is closing its Westgate outlet in August, said the Japanese retailer in a Facebook post on Wednesday (July 1).. Read more at straitstimes.com.

SINGAPORE - Tokyu Hands is closing its Westgate outlet in August, said the Japanese retailer in a Facebook post on Wednesday .

Japanese department store Isetan shut its Westgate outlet in March this year after it did not renew its lease.Customers have about a month to patronise the Tokyu Hands outlet, before its last day of operations on Aug 2.It will be replaced by Sports & Travel Gear, a multi-label store. Nanyang Polytechnic School of Business Management director Esther Ho said that while the Jurong area remains a strategic location for businesses as a large population lives in the west, the exit of big retailers like Isetan and Robinsons may have an effect on smaller retailers.

"Businesses could take a wait-and-see approach, and wait out market uncertainty before negotiating new leases with landlords," she added.Mr Jimmy Chow, 65, an accountant, said:"It is located near my workplace, so I go there quite often.

 

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