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Apr 15, 2010
John Little moving out
<!-- by line -->By Esther Teo
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RETAILER John Little, part of the Robinsons Group, says it will soon vacate its seven-storey Orchard Road outlet.
This means the large pool of new retail space set to come onstream later this year will grow even bigger.
The move by the retailer confirms months of speculation after it failed to exercise its option as a tenant to renew its lease with landlord OG late last year, as reported by The Straits Times in January.
Existing tenants often have priority in renewing a lease if it is within a contract's agreed terms.
John Little said its decision to relocate its Somerset branch was part of an ongoing review of all its store locations. It has not revealed the location of its new store.
'We already have presence along the main Orchard Road and Marina shopping belts as well as in the heartland areas, so it is timely for us to review our store locations to ensure we can bring the John Little proposition to different parts of the island,' a Robinsons Group spokesman said. He added that existing staff will be relocated to a different outlet.
Read the full story in Thursday's edition of The Straits Times.
[email protected]
John Little moving out
<!-- by line -->By Esther Teo
<!-- end by line -->
<!-- end left side bar --><!-- story content : start -->
RETAILER John Little, part of the Robinsons Group, says it will soon vacate its seven-storey Orchard Road outlet.
This means the large pool of new retail space set to come onstream later this year will grow even bigger.
The move by the retailer confirms months of speculation after it failed to exercise its option as a tenant to renew its lease with landlord OG late last year, as reported by The Straits Times in January.
Existing tenants often have priority in renewing a lease if it is within a contract's agreed terms.
John Little said its decision to relocate its Somerset branch was part of an ongoing review of all its store locations. It has not revealed the location of its new store.
'We already have presence along the main Orchard Road and Marina shopping belts as well as in the heartland areas, so it is timely for us to review our store locations to ensure we can bring the John Little proposition to different parts of the island,' a Robinsons Group spokesman said. He added that existing staff will be relocated to a different outlet.
Read the full story in Thursday's edition of The Straits Times.
[email protected]
