With 162 years of history and presence in Singapore, Robinsons has become one of the most renowned brands on local shores.
And yet by 10 January, that notion is set to come to an end.
According to The Straits Times, the retail stalwart will be closing its last store by the stipulated date…
In the process ending a run that initiated even before the commencement of World War II.
Robinsons in Raffles City Will Close Before 10 Jan
Liquidator KordaMentha has revealed that the actual last day of operation may occur on an even earlier date, depending on stock levels left.
This means that Robinson’s last remaining outlet may close its doors even before 10 January.
“Discounts will continue to be updated daily, noting the intention is to sell stock down to zero,” said KordaMentha on Saturday (Jan 2).
Multi-buy discounts were proffered to the public, with as much as 80 per cent off the lowest-priced items with a purchase of five items and more. And naturally, consumers were stoked.
It was reported that on Saturday afternoon, all three floors were packed with customers.
The third floor alone, it should be noted, accounted for a whopping 100 people.
Some shelves have already been swept clean, with others still stocked with make-up, bags, shoes and menswear.
Coat hangers, mannequins, shelves and other fixtures and fittings were also on sale.
Most Staff Members’ Last Day to be on 10 Jan
According to the news report, the last day for most of the Raffles City staff will be 10 January.
A few staff members, however, will stay on for a while to help out with account closures and other matters.
Liquidation
Robinsons is believed to owe at least $31.7 million to more than 440 creditors.
The revelation was unveiled when provisional liquidator KordaMentha sent a notice to creditors on 13 November 2020.
Apparently, potential employee claims alone accounted for around $4.4 million.
Other creditors include Singapore Post, Singapore Press Holdings and Singtel.
On 30 October, Robinsons announced that it will be liquidating its Heeren and Raffles City stores.
Reasons include a change in consumer preferences, and cost pressures such as rental expenses.
The Covid-19 pandemic was purportedly a factor in the decision as well.
Final Week
And so, with Robinson’s final week of operations in sight, you may wish to pay one last visit to one of the oldest department stores in Singapore.
From now until 10 January, the store will open between 11:00 a.m. and 8:00 p.m.
However, please comply with the necessary safety protocols if you choose to visit, as it’s highly likely that the place will be crowded.
Featured Image: Claudine Van Massenhove / Shutterstock.com
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