The exit puts an end to the at least six years of losses that Robinsons has chalked up against
declining revenues. PHOTO: CMG
ROBINSONS Singapore, one of the oldest retailers in the Republic with more than a century in business, will close down for good following losses in recent years. But its last two stores at The Heeren and Raffles City Shopping Centre may remain open for a while more for final sales.
The Business Times (BT) on Thursday found that the department store operator had been put under a creditors' voluntary winding-up.
Robinson & Co (Singapore) confirmed it in a statement on Friday. Its senior general manager, Danny Lim, said: "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 Covid-19 pandemic has further exacerbated our challenges."
He added that it has been "an honour" for Robinsons to serve the Singapore market and that he was "grateful for the dedication of (the) team, and for the support shown by (its) customers over the years".
Robinsons employees have been informed by management and the provisional liquidators of this news. The company said that employees will be paid in line with the next payment cycle, "well in advance of the usual liquidation process timing which would usually take months".
It added that the liquidators will also work with The Singapore Manual & Mercantile Workers' Union (SMMWU), E2i and the NTUC Job Security Council to ensure that employees are supported and will also leverage existing government schemes such as SkillsFuture's SGUnited Jobs and Skills Package.
The exit puts an end to at least six years of losses that Robinsons has chalked up against declining revenues.
Full story at https://www.businesstimes.com.sg/consumer/robinsons-singapore-throws-in-the-towel-after-162-years
Courts to take over Heeren space
https://www.straitstimes.com/singapore/consumer/courts-to-take-over-heeren-space
Robinsons @ Heeren really closes for good liao.
SINGAPORE - When the last customers left Robinsons’ outlet at The Heeren at 2pm on Wednesday (Dec 16), the doors closed on the flagship store of an iconic 162-year-old department store.
Earlier in the day, the store was open to customers between 11am and 2pm for one final hurrah.
About 30 people were there when The Straits Times visited at 11.15am, some to pick through the remains – odds and ends, and fixtures available for sale on the first floor of the retail institution, which occupies six floors and 186,000 sq feet in the heart of Orchard Road.
A Robinsons spokesman previously said that all stock will be sold and consignment stock will be removed and reallocated by the owners.
Others were there to reminisce; to bid farewell to a slice of Singapore that by all accounts appeared sturdy, fortified by its bricks and mortar.
Ms Aileen Leng, 63, was there for one last visit.
“When (Japanese store) Yaohan and other department stores left, we felt sad. But Robinsons’ closure is especially sad because it’s a local brand and part of our history,” the housewife added.
Ms Gina Toon, 65, wanted to pick up a bargain.
She had been eyeing a handbag that was originally priced at $750 but was discounted to $150 when she visited on Tuesday night.
But the store had been picked clean, leaving the cook disappointed.
More at https://www.straitstimes.com/singapore/robinsons-closes-flagship-store-at-the-heeren
Sigh........Marks & Spencer will also be closing its outlet @ Raffles City on 31 December:
https://www.todayonline.com/8days/liveandlearn/style/marks-spencer-raffles-city-closing-down-last-day-operation-dec-31-2020
May I recommend John Wick's tailor and arms supplier?
As Singapore’s Robinsons goes the way of Yaohan and Emporium, the end may not be nigh for dept stores
SINGAPORE, Nov 22 — Year after year, a group of old friends would gather to reminisce about their bygone days — not of the mischief they got up to as students, but the camaraderie forged as employees of the old Yaohan department store that first opened in 1974.
Before Covid-19 struck, the size of their annual gatherings would reach up to 200 people. Among their many fond memories were the daily morning gatherings where they did mass exercises, sang the company’s song and the national anthem before starting the work day.
But more importantly were the motivational pep talks where they reminded each other they were both “wonderful and beautiful”, said a former human resource manager of the now-defunct Japanese chain.
“We used to have this encouragement throughout the day,” said Adrian Png, who joined Yaohan at the tender age of 16 in 1982, and stayed on for a decade.
The encouraging words made them feel good and ready to serve the customers, explained the 54-year-old, who is now a headhunter.
“When you have a good start in the morning, it will show in how you interact with a customer — with a positive outlook,” he said, adding that it consequently led them to wanting to find solutions for any problems their customers might face.
Chiming in, 62-year-old Jenny Gan, a former Yaohan cashier, said: “We worked with our hearts and our souls.”
About three weeks ago, Robinsons — one of Singapore’s oldest retailers at more than 160 years old — announced that it would be closing its two remaining stores at The Heeren and Raffles City Shopping Centre, as well as its outlets in Malaysia.
As consumers mourn the loss of yet another well-known department store, Robinsons’ closure brought back memories for many like Gan and Png who grew up shopping or working at such chains, which once dominated the retail scene and were a big part of Singaporeans’ lives.
For Gan, she believed in the work ethos of Yaohan so much that she stayed on for nearly two decades after joining the company in 1978.
“And that (good service) was why customers kept coming back,” added Png, who had gathered with his former co-workers on Monday (Nov 16) at Plaza Singapura, the site of Yaohan’s very first store.
A recurring theme that surfaced during TODAY’s interviews with the former Yaohan employees was the emphasis on training, which included
learning how to serve customers better and rotating employees through different departments to widen the scope of their product knowledge.
These days, Png said he cannot help but feel a sense of disappointment when he walks into another department store because “you just don’t see people helping you when you need something”.
In his time, Png said the sales staff in the clothing department would pull out all the stops for a customer by showing them different sizes, fabrics and designs.
“We sometimes don't even realise that, hey, actually, we are like fashion consultants,” he said. “They just don’t bother today.”
Yaohan Singapore’s last branch in Thomson Plaza closed in 1998, following the bankruptcy of its parent company in Japan — a victim of the Asian Financial Crisis which began a year earlier.
Over the years, other department stores such as Sogo, Daimaru and John Little followed suit and shuttered their stores due to dwindling profits.
The latest to join the list of casualties is Robinsons, which started its business here in 1858 at Raffles Place. The household name announced its closure on Oct 30.
The Dubai-based Al-Futtaim Group, which acquired Robinsons for S$600 million in 2008, not only cited weak consumer demand as one of the reasons for its closure, but also described the business model of department stores as “outdated”.
However, the closure of Robinsons comes as no surprise to observers, as it mirrors a trend that is happening around the globe as well, amid changes in consumer tastes and shopping habits.
For instance, the oldest department store in the United States, Lord & Taylor, is currently in the midst of a final liquidation sale.
The iconic retailer, which first opened its doors to American shoppers in 1826, had been on a slow decline due to several different owners who struggled to properly merchandise and market the store.
In Japan, the death knell is similarly tolling for a number of its oldest department stores — some centuries old.
Even the country’s largest department store operator, Isetan Mitsukoshi Holding, is not immune, and has closed several stores over the past decade.
In September, the firm said sales across its five locations in the Tokyo city area plummeted by 35.5 per cent year-on-year.
How dept store shopping became a national pastime
It has not always been this bleak for department stores; there was a period where they enjoyed widespread popularity as titans of the retail landscape.
Yaohan first opened its doors in Singapore at Plaza Singapura in 1974 and joined a booming market of department stores providing one-stop destinations for a variety of international goods to Singaporeans.
It was just one of many foreign chains that would enter Singapore over the years, such as Printemps from France and Japan’s Daimaru, which both opened in 1983.
Homegrown department stores started to see sales soar from the 1970s, and one familiar name was Oriental Emporium, the largest department store chain in Singapore.
Brothers Lim Tow Seng and Lim Tow Yong founded Emporium Holdings Group in 1961 and opened Oriental Emporium in 1966, which sold Chinese products and found huge success. The group later opened another 15 department stores in Singapore and expanded to Malaysia and Brunei in the 1970s.
The big draw of these department stores was the accessibility to a wide variety of foreign goods, all in one location. With quality customer service and amenities thrown into the mix, people flocked to these places — making shopping at a department store a national pastime for Singaporeans.
In December 1975, an article in The Straits Times reported that Yaohan at Plaza Singapura topped the list as the busiest shopping complex in the country, with over 955,000 people visiting its basement one and two weekly.
The Japanese chain continued to pull in the crowds over the years, some enticed by its iconic anpan red bean buns, which were sold in limited numbers to customers, said Png and his former co-workers.
So popular were the buns that Yaohan’s various bakeries would dedicate an entire day just to sell them, said Richard Or, 62, who used to work as a baker for the company.
Other attractions included the weekly one-day offers that gave customers something to look forward to, said Gan.
“Now, every day got discount promotion. Don’t know which one is the real one,” she said wryly.
Jonathan Sim, a lecturer at the National University of Singapore (NUS), would visit Daimaru at Liang Court every Saturday with his family during his kindergarten and primary school days.
“We’d go for dinner, they’d drop me off at the toy section for one to two hours while they shop at the department store before they pick me up and go to the supermarket and end our day,” said the 33-year-old.
When news broke that Daimaru was to close down in Singapore, Sim said there was a “sense of emptiness” as it was their weekly go-to-destination.
Housewife Michelle Chin also had fond memories of department stores as she would follow her mother on weekly visits to the likes of Tangs, Fitzpatricks and Chancellor.
But for the 50-year-old, the Yaohan store at Thomson Plaza was home to some fond memories.
“Yaohan was where I bought all my baby stuff for my first-born with my sister, like clothes, napkins and everything. When Yaohan closed, it was quite sad as I had those fond memories.”
After having their moment in the sun, department stores in Singapore began closing one after another as competition stiffened and financial woes hit the chains — Yaohan put up the shutters in 1998 after its parent company was declared insolvent in 1997, while Daimaru closed in 2003 when the company decided to focus on its stores within Japan.
Emporium Holdings was also not spared as it was hit by the recession in 1985, accumulating a S$10 million loss. Despite owning 113 business spread across Singapore, Malaysia, Brunei and Hong Kong, it was liquidated in 1987.
John Little, Singapore’s oldest department store, also closed its stores in 2016, 174 years after opening its doors in 1842, as its parent company Robinsons Group started consolidation efforts to focus on businesses that were growing within the group.
Is the allure of dept stores still relevant?
Before e-commerce came along to shake up the retail scene, department stores had a winning formula in the form of their “all-under-one-roof” concept which allowed families to meet their needs in terms of product variety, pricing and services, industry experts told TODAY.
Singapore Management University (SMU) Lee Kong Chian professor of marketing Dr Kapil Tuli said: “A lot of department stores are very good at curating a unique collection of items like European or Asian brands from different parts of the world.”
“However with e-commerce, that access to international goods became easy, so part of the value proposition of department stores started eroding over time.”
Dr Tuli, who is also a director at SMU’s Retail Centre of Excellence added that good service and air-conditioning were also a big draw for customers during the heyday of department stores in Singapore.
The good service was something frequent shoppers of older department stores appreciated, which Sim felt was their strength but one that had been lost with time.
“I realise one thing we don't have in department stores nowadays are very experienced and well-trained salespeople who have very expert product knowledge, such as someone that is an expert in knives or ties and can tell you what works best for you or how to use it properly,” he said.
“Now, (department store staff) are mostly part-timers or people who are incentivised by a commission to sell a certain brand, so that trust in a salesperson isn’t there anymore.
”However, department stores still have an advantage amid an altered retail landscape. Dr Tuli noted that a physical storefront allows department stores wishing to go digital to save on added logistics cost when dealing with customers’ returns, and they are also able to offer pick-up services.
Warren Hayashi, president of Asia-Pacific for payment platform Adyen, added that customers of department stores can “get a feeling of instant gratification as they can walk away with the product in hand, without having to wait or pay for delivery” after making a purchase.
According to Adyen’s internal study, which surveyed 379 Singaporean millennials aged 18 to 34, 72 per cent were looking forward to shopping at retail stores for leisure when Covid-19 restrictions eased.
Moreover, 59 per cent of this demographic indicated that they preferred to shop at a physical store.
NUS Business School’s Associate Professor Lawrence Loh said department stores also provide a more logical layout for customers to find their items as compared to a shopping mall.
“You walk in a shopping mall, shops are scattered all over and may not be a through-train for all your needs. Whereas a department store has the logic of a through-train for anything you want under one roof in one unified place within a mall,” he said.
Dr Tuli added that malls would need to take over the job of department stores when selecting tenants if these stores closed down, and malls would also be impacted by the lack of an anchor tenant to draw customers.
There is also the added benefit of being able to see an item at the store before buying it, especially if it is a big-ticket item, said payment platform Atome’s chief executive officer David Chen.
“Most shoppers would have gone to play with the product in-store before buying online. The same is often true of an expensive dress or pair of shoes, which needs to be tried on first,” he said.
Samuel Tan, course chair of the diploma in retail management in Temasek Polytechnic, said that department stores also generate buzz and interest to pull in shoppers during seasonal sales.
One example would be the Tangs Christmas shops and festive displays, which “are always something to look out for and talk about by shoppers at the end of the year”.
Threat of online shopping
Despite this, advances in technology over the years have affected the appeal department stores once had, according to both industry observers and younger shoppers.
Tan said the widespread accessibility of the internet has “disrupted the traditional way of buying”, and even offers a virtual alternative of having everything in one space.
“With the widespread possession of mobile phones, tablets and laptops, shoppers are finding that even without stepping out of the comfort of their homes, they can browse across shopping e-platforms to search for merchandise and do price comparison effortlessly,” he said.
This is precisely the appeal of e-commerce for Singapore Institute of Management student Amanda Seah, who appreciates the convenience of having deliveries sent to her doorstep since there are no department stores near her home.
The ease of being able to zoom in on the exact product she wants online, and even buying it at a lower price on occasions, is an added boon for the 22-year-old, who last visited a department store about three months ago.
For Toh Lip An, 24, shopping online is more reliable since he gets to read product reviews from other customers before making a purchase.
“Promoters at a department store are paid to be biased towards certain products,” said Toh, who works in community engagement.
That aside, it sometimes boils down to just not being able to find a product or brand that excites or resonates with younger shoppers, said 22-year-old insurance agent Benjamin Tan.
An example which he gave was basketball shoes, which he feels department stores lacked in variety compared to online retailers that not only carry limited edition pairs, but those named after his favourite players.
More at https://www.malaymail.com/news/singapore/2020/11/22/as-singapores-robinsons-goes-the-way-of-yaohan-and-emporium-the-end-may-not/1924969
Robinsons jin jialat, owes close to $32 million to more than 440 creditors.
https://goodyfeed.com/robinsons-debts/
Customer FAQ by liquidator KordaMentha
Robinsons' closing down sale begins on Friday
https://www.straitstimes.com/singapore/consumer/robinsons-closing-down-sale-begins-on-friday
Robin has left the Sons liao
Sealy has decided to honour purchases made by Robinsons customers, good for them.
20 customer complaints filed against Robinsons seeking refunds for mattresses, vouchers: Case
SINGAPORE — Twenty complaints about Robinsons department store in Singapore have been filed in the last three days, the Consumer Association of Singapore (Case) said on Tuesday (Nov 3).
There were 18 complaints filed between Oct 30 and Nov 2 by customers asking for a refund on the mattresses they had paid for but had not been delivered.
The other two complaints were on the new usage requirements for Robinsons vouchers, which can now be used only if the total purchase value is at least double the voucher's amount.
They are asking for a refund of the vouchers worth S$100 and S$320 respectively.
Robinsons announced on Friday that it was going to close its department stores after 162 years and is starting the liquidation process of its two remaining stores at The Heeren and Raffles City Shopping Centre.
Mr Loy York Jiun, the executive director of Case, said: “Some of these consumers, who have bought the mattresses in November or December 2019, were informed that their mattresses will not be delivered on the scheduled delivery dates as Robinsons has gone into liquidation.”
The consumers also reported that the mattress manufacturers do not want to make the deliveries because Robinsons had not paid them for the mattresses.
The contract value of the mattresses bought by consumers range from S$2,299 to S$6,149, he added.
Read more at https://www.todayonline.com/singapore/20-customer-complaints-filed-against-robinsons-seeking-refunds-mattresses-vouchers-case
So it appears those retarded shoppers have "NO CASE" against Robinsons, pun very much intended.
CASE says it cannot assist Robinsons customers, jitao taichi problem to liquidators HAHAHA
Is It Checkout Time For The Department Store?
https://www.femalemag.com.sg/fashion/closure-end-demise-crisis-department-store-retail-shopping-outlets-mall-covid-2020/
Tears flow, sadness prevails as Robinsons employees eye empty shelves, serve customers before closure
SINGAPORE — Those who have been around Robinsons long enough could sense that things were not looking good, but not Mr Andy Ng, a sales supervisor who has been there for just two years.
“We found out this morning during a meeting,” he said of the department store’s liquidation, which was announced on Friday (Oct 30). “I didn’t expect it.”
Surrounded by half-empty shelves and a sea of customers, the 39-year-old who was at the store outlet in Raffles City Shopping Centre added that he would miss his colleagues and is worried about getting another job.
Other employees who have been there for decades were subdued and trying to keep their emotions from overwhelming them.
It was somewhat chaotic when TODAY visited both the Raffles City and The Heeren outlets on Friday afternoon. There were queues of customers at the cashiers, some staff members were packing products away into cardboard boxes, while other employees continued to serve customers.
The steady stream of customers entering the stores snapped up various items from clothes to bonsai plants.
A 74-year-old sales associate at the Raffles City outlet, who declined to be named, said: “I’m very sad… When I see the empty counters downstairs, it hurts.”
She has worked at Robinsons for 30 years, is past Singapore’s official retirement age and would have continued working there if not for the latest development.
“This is a department store with more than 100 years of history, but because of Covid-19…” she said, trailing off. “I’ve been with the company through its ups and downs. I was very busy, but very happy.”
Still, she somehow knew it might not last. "I already mentally prepared myself. There are no tourists. We were closed for two to three months,” she said, referring to the second quarter of the year when most business activities were halted here to curb the spread of Covid-19.
Another sales associate who did not want to be identified, a 63-year-old who has been an employee for 20 years, said as she teared up: “Customers are nicer compared to last time... we could learn from them to provide better service to them.”
Read more at https://www.todayonline.com/singapore/tears-flow-sadness-prevails-robinsons-employees-eye-empty-shelves-serve-customers-closure
Jialat........someone bought Sealy mattress, Robinsons not honouring order? LLST liao?
Wah it's even more crowded today!!!!!
Yup.
John Little to close final outlet at Plaza Singapura: 174 years of history at a glance
NOV 7, 2016
John Little, the oldest department store in Singapore, will close its last outlet by the year end. The store has operated since 1842, and the Plaza Singapura branch since 1979. Robinsons Group, which manages John Little, said that the brand may live on as a pop-up store.
More at https://www.straitstimes.com/singapore/john-little-to-close-final-outlet-at-plaza-singapura-174-years-of-history-at-a-glance
I think John Little also shuttered for good some years back right?