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 handover of operations to Radha Export Pte Ltd, the company behind the Valu$ brand. The transition was completed on August 19 and all stores resumed operations on August 20, according to a press release from International Housewares Retail Company Limited (IH Retail), the parent company of Japan Home.
Radha Export Pte Ltd, an indirect subsidiary of IH Retail, was granted exclusive rights to manage Japan Home stores in Singapore until 2029, including the ability to open new outlets. IH Retail believes Radha's experience and local capabilities will improve store efficiency, responsiveness to market demand, and brand awareness in Singapore. The move aims to support the brand's expansion in Singapore and across Southeast Asia.
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