{
  "id": 2082815,
  "title": "Japan Home licenses Singapore retail stores to Valu$ owner Radha Exports",
  "url": "https://urgent.news/2026/08/20/japan-home-licenses-singapore-retail-stores-to-valu-owner-radha",
  "topic": "business",
  "section": "Business",
  "published": "2026-08-20T05:19:36.000Z",
  "source": {
    "name": "The Business Times - Companies & Markets",
    "slug": "the-business-times-companies-markets",
    "url": "https://www.businesstimes.com.sg/companies-markets/japan-home-licenses-singapore-retail-stores-valu-owner-radha-exports"
  },
  "original_language": "en",
  "account": "Japan Home, a prominent retail chain, has licensed its remaining Singapore stores to Radha Exports, the operator of Valu$. The three-year agreement, effective from August 19, is renewable for another three years. This move comes after reports indicated the closure of several Japan Home outlets in major malls including Hougang Mall, Century Square, Northpoint City, HarbourFront Centre, and Buangkok Square. Some of these stores may potentially reopen as joint ventures with Valu$, a dollar-store chain operated by DD Pte Ltd, which was founded by Radha Exports in 2005. Radha Japan, a sister company of Japan Home, holds approximately 30% share in Japan Home, with the remaining shares owned by Japan Home Centre (Management) Ltd. The co-founders of Japan Home Retail, Ngai Lai Ha and Peter Lau Pak Fai, are listed as directors of the Singapore-registered entity.",
  "summary": "The three-year deal takes effect from Aug 19",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}