Metro should abandon the retail business and focus on building condos
No need to try new formats; build homes to get back to profitability
[SINGAPORE] When I was growing up in Singapore in the 1970s and 1980s, visiting a Metro department store was a treat. Its array of goods available was mind-boggling.
Often, mainboard-listed Metro was the go-to place for clothes for Chinese New Year, toys for Christmas and gifts for special occasions.
When the extended family gathered for Christmas, the exchange of presents invariably involved numerous items that were bought at a Metro outlet.
TRENDING NOW
Grab CEO’s wife Chloe Tong on life with Anthony Tan and finding her purpose
Hwa Seng Builder, two China companies win S$1.2 billion Tuas Road Viaduct phase two contracts
Deal between tycoon friends sparks scrutiny of Philippine power sector
Canada is upping oil flows to Asia, but South-east Asia’s refineries aren’t ready to handle them yet