Robinsons@Raffles City Will Close Before 10 Jan With Most Staff Member’s Last Day Too
With the 162 years of history and presence in Singapore, Robinsons has becomes one of the most renowned brands on local shopping mall list. On 10 January, that notion is coming to and end as the retail will closing it last store by the stipulated data.
Liquidator KordaMentha has revealed that the last day of the operation may occur on even earlier data depends on their stock levels. Currently, discount will continue to be updated daily and the intention is to sell the stock down to zero with as much as 80% discount off the lowest priced item with a purchase of five items and more.
Currently, Robinsons is believed to owe at least $31.7 million to more than 440 creditors and apparently, potential employee claims alone accounted for around $4.4 million.
