GOME Retail In 1H 2022 consolidated gross profit margin significantly increased to 19.8%, Cash flows from operating activities improved significantly and positively
GOME Retail In 1H 2022 consolidated gross profit margin significantly increased to 19.8%, Cash flows from operating activities improved significantly and positively

HONG KONG, Sep 1, 2022 – (ACN Newswire via SEAPRWire.com) – GOME Retail Holdings Limited (HKEX Code: 493. HK, “GOME” or “the Company”, and together with its subsidiaries, “the Group”)announced its unaudited interim results during the six months ended 30 June 2022 (the “Reporting Period”). The consolidated gross profit margin and operating cash flow improved... » read more

Robinsons’ closure: Beginning of the end for department stores?
Robinsons’ closure: Beginning of the end for department stores?

The demise of one of Singapore’s oldest and best-loved department stores marks the end of an era for the retail scene here. It may also spell the beginning of the end for the one-stop-shop format, which has struggled to remain relevant among younger shoppers. Please subscribe or log in to continue reading the full article.... » read more

Robinsons to close stores at The Heeren and Raffles City
Robinsons to close stores at The Heeren and Raffles City

SINGAPORE – Robinsons is liquidating its two department stores at The Heeren and Raffles City Shopping Centre, the retailer said on Friday (Oct 30). This means that Robinsons’ last two stores will be closing and the company will be exiting from the Singapore physical retail scene after 162 years. Robinsons said in a statement that the liquidation decision... » read more