IH Retail reopens Singapore Japan Home outlets under franchise business model
Housewares owner IH Retail restarted operations across its Japan Home retail store network in Singapore on 20 August 2026 adopting a local franchise management strategy
International Housewares Retail Company Limited, the parent company of Japan Home brand in Singapore, announced on August 20, 2026, that all Japan Home stores in Singapore have reopened and are now operational. The transition was completed on August 19, 2026, after a master franchise agreement was signed with Radha Export Pte. Ltd. Radha, which is responsible for ABC and Valu$ stores in Singapore, will operate the Japan Home business in Singapore under a three-year franchise agreement.
This agreement grants Radha exclusive rights to operate Japan Home stores in Singapore, sub-franchise, and establish new outlets as needed. Radha's local capabilities and strong supply chain network are expected to improve store efficiency and responsiveness to market demand. The local franchise model aims to enhance Japan Home's presence in Singapore and the Southeast Asian market over the next three years.
The restructuring is part of the Group's strategy to optimize its regional business structure and improve operational quality. The company remains optimistic about the long-term potential of the Singapore market and is committed to providing customers with a positive shopping experience at Japan Home stores.
Written by urgent.news from Vietnam Investment Review's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
