The Business Times
business-time-50
SUBSCRIBERS

Lessons from Jones the Grocer's collapse

Private equity L Capital says they are working to rebuild the brand, open new stores

google-preferred-sourceAdd BT as a preferred source
Published Thu, Jun 4, 2015 · 09:50 PM

    Singapore

    A LAWSUIT, bad debts and insolvency - these don't faze Ravi Thakran. For there are lessons even in adversity, the managing partner of L Capital Asia believes.

    "We learn from every experience and many times the not-so-successful ones teach you more than the successful ones," he said of Jones the Grocer's highly watched fall from grace.

    Private equity

    TRENDING NOW

    US President Donald Trump participates in an arrival ceremony at Beijing Capital International Airport on Wednesday (May 13).

    Trump lands in China for Xi summit with billionaire CEOs in tow

    State-level minimum purchase thresholds push foreign buyers towards higher-value properties, while consent rules and other restrictions further narrow the pool of homes available to them.

    That ‘cheap’ Malaysia condo could cost Singapore buyers far more than they think

    Longest-serving chief minister Taib Mahmud’s legacy looms large over Sarawak as a family feud over his estate threatens to expose skeleton’s in the eastern state’s political closet.

    On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart

    According to a 2025 survey by the Indonesian Internet Providers Association, millennials and Gen Zs make up 86.6 per cent of online borrowers.

    ‘I feel so stupid’: How young Indonesians get stuck on the debt treadmill

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More