Japan Home stores in S'pore reopen after handover to company behind Valu$
The chain's parent company says it is in a three-year franchise agreement.
Japan Home stores in Singapore have reopened following the completion of a transition to a new management company, Valu$. On August 20, all stores under Japan Home brand, owned by International Housewares Retail Company Limited (IH Retail), resumed operations after a three-year master franchise agreement was signed with Radha Export Pte Ltd. Radha Export Pte Ltd, described as the engine behind the ABC and Valu$ stores in Singapore, will run the Japan Home business in Singapore, including through sub-franchisees, and open additional outlets.
This handover is expected to improve store operating efficiency, responsiveness to market demand, and brand awareness in Singapore. The arrangement will support the brand's expansion in Singapore and across Southeast Asia over the next three years.
Brief written by urgent.news from Mothership's own syndicated text. Machine-written — may contain errors; check the original before relying on it.