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‘Building the next sunrise’: Metro pivots to global tie-ups, immersive concept stores to woo shoppers

Group does not plan to exit troubled industry, hopes to stabilise loss-making retail operations in one to two years

Chong Xin Wei
Published Sun, Sep 14, 2025 · 04:19 PM
    • In FY2025, Metro's retail arm reported a loss after tax of S$6.9 million, compared with a profit of S$1.8 million the previous year.
    • Erwin Wuysang-Oei was appointed COO of Metro’s retail business in November 2023.
    • In FY2025, Metro's retail arm reported a loss after tax of S$6.9 million, compared with a profit of S$1.8 million the previous year. PHOTO: METRO
    • Erwin Wuysang-Oei was appointed COO of Metro’s retail business in November 2023. PHOTO: METRO

    [SINGAPORE] With shrinking margins, weaker spending and rising operating costs, retail has often been written off as a sunset industry in Singapore – especially after household-name department stores such as Robinsons exited the market, and Isetan and BHG Singapore downsized.

    Metro views things differently.

    “We see it as a sunrise industry. Every retailer is going through the same challenges, and the objective for us is building resilience,” Erwin Wuysang-Oei, chief operating officer (COO) of Metro’s retail arm, told The Business Times.

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