Japan Home closes multiple stores islandwide, Valu$ reportedly taking over, Lifestyle News

From June to July, the business shared on Facebook that it had moving out sales for its Northpoint City, Century Square, HarbourFront Centre, Buangkok Square and Hougang Mall branches. Checks by AsiaOne found that Japan Home's e-commerce site was "under maintenance".

Its corporate site also posted that its membership programmes have ceased, effective July 21. Japan Home has not shared the reasons for these closures and discontinuation of services.

What Happened

However, staff told The Business Times that the current situation was due to a "change of management", with some saying that the business has been sold to Valu$, a budget-friendly retail chain that sells food and household essentials at discounted prices. Workers.

• The brand was founded in Hong Kong in 1991 and opened its first stores in Singapore in 1999 at Toa Payoh, Ang Mo Kio and Bugis Village.

• The store was popular for its affordable lifestyle and home living products, which ranged from cleaning to beauty items.

• According to Japan Home's website, it operated 34 outlets islandwide prior to the closures.

Key Details

Valu$ stocks could also be seen in some stores while some staff working inside were seen wearing Valu$ uniforms.

• A check by The Business Times at nine of Japan Home's locations revealed that six were closed for stocktaking while another three were shuttered.

What Reports Say

Coverage of the story so far points to:

• Continued reporting by AsiaOne as more details emerge