Japan Home licenses Singapore retail stores to Valu$ owner Radha Exports
Prominent Singapore retail chain Japan Home has agreed to license its stores to Radha Exports, the operator of Valu$, a fast-moving consumer goods brand, according to a report in The Business Times. The deal, which took effect on August 19, involves a three-year agreement, with the option to renew for an additional three years. This move comes after Japan Home announced the closure of several outlets in popular malls such as Hougang Mall, Century Square, Northpoint City, HarbourFront Centre, and Buangkok Square.
Some of these stores may reopen as joint ventures with Valu$. Radha Exports, a Singapore-registered company, owns about 30% of Japan Home, with the remaining shares held by Japan Home Centre, a company recently rebranded from Hong Kong Japan Home Centre to Best Home Centre.
Written by urgent.news from Straits Times Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
- Japan Home licenses Singapore retail stores to Valu$ owner Radha Exports businesstimes.com.sg
