Japan Home licenses Singapore retail stores to Valu$ owner
Retail chain Japan Home has licensed its Singapore store operations to Radha Exports, the parent company of Valu$, for a three-year renewable term. Some existing Japan Home outlets are closing, with plans to potentially reopen as joint-managed stores with Valu$.
Why it matters
This consolidation reflects shifting strategies in the Singaporean retail sector as companies look to optimize operations through partnerships.
Japan Home has licensed the operation of its stores to Radha Exports to operate its remaining Singapore stores.
Listen Summarise Japan Home has licensed its Singapore retail stores to Radha Exports, operator of Valu$, for a three-year renewable term starting Aug 19. Some Japan Home outlets have closed, with plans to reopen as joint stores managed with Valu$. Radha Exports, owning about 30 per cent of Japan Home, also runs other retail brands like ACE Fresh and Mr Fix. AI generated
SINGAPORE – Prominent retail chain Japan Home’s stores have been taken over by sister company Radha Exports, the operator of Valu$.
Japan Home’s website indicated on Aug 20 that it has licensed the operation of its stores to fast-moving consumer goods brand, Radha Exports, to operate its remaining Singapore stores.
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