Singapore’s department store chain Metro announced it will close two of its locations as part of a strategic shift toward a more flexible retail model, according to Inside Retail Asia.
The company plans to introduce smaller-format and multi-concept stores, moving away from traditional large-format department stores. This pivot reflects broader industry trends in Asia, where retailers are adapting to changing consumer preferences that favor convenience and experiential shopping.
The closures are expected to take place in the coming months, though specific locations and timelines have not been disclosed. Metro’s decision underscores the ongoing transformation in brick-and-mortar retail as companies seek to optimize their physical footprints.