The Business Times·3 min read·medium
Metro to close department stores in Paragon, Causeway Point after leases expire
K
Kang Wan Chern
✦AI Summary
Metro is closing its department stores at Paragon and Causeway Point in Singapore as part of a strategic shift toward smaller, more flexible retail formats. The company aims to adapt to changing consumer preferences and is currently negotiating with landlords for new concept stores.
Metro said the move will better position it to adapt to changing consumer preferences
businesseconomy
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