Japanese lifestyle retailer Tokyu Hands will close its Westgate store on August 2 after its lease ends.
It will be replaced by Sports & Travel Gear, a multi-brand store.
Tokyu Hands is owned by Tokyu Fudosan Holdings and the FMCG subsidiary of the real estate and real estate development conglomerate.
It is one of the few Japanese general-purpose stores with branches in Singapore that offer products ranging from stationery to beauty to housewares.
Despite the closure of the Jurong East branch, Tokyu Hands will continue to operate the remaining five branches in Singapore.
In addition to Westgate, Tokyu Hands also has branches in Orchard Central, Suntec City Mall, Jewel Changi, PLQ Mall and Great World.
The latest retail victim
Retail is quickly overtaken by Singapore's booming e-commerce market.
Several major retailers have closed their businesses in the Jurong East retail area since last June.
These include megabrands such as Isetan, Robinsons and Marks and Spencer, which have been replaced by Don Don Donki.
In J-Cube, a shopping center in the Jurong East region, smaller businesses operated by locals reported a loss in sales of up to 90%. Covid-19 hit retailers hard because of security regulations that forced them to close shops.
Most recently, the fashion conglomerate Zara also reported that it would close over 1,200 stores worldwide and shift sales online.
This is due to the company's first loss after the Covid 19 crisis forced it to shut down most of its businesses.
Selected image source: Little Miss Bento