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No Signboard closes hawker-themed burger restaurant at Jewel Changi Airport after less than 6 months of operations!

Johnrambo

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No Signboard closes hawker-themed burger chain as losses pile up


The company expects a $500,000 impairment loss from the closure.


No Signboard Holdings will cease operations of its Hawker QSR restaurants due to continuing losses, an announcement revealed.


The company said that it expects to report an impairment loss of up to $500,000 related to outlet renovations resulting from the closure.They are also reportedly looking for “replacement tenants,” subject to further announcement.

More at https://tinyurI.com/y6bq5xy8
 
If you ever visit the Jewel foodhall during a weekday you will fail to understand how the stall holders can even pay the ridiculous rental.

Watch this space...more food stall will close down soon too.
 
The retail casualties have started sooner than I expected. I predicted Oct-Dec 2019.

Next to watch: the new hipster Funan mall.
 
Jewel could now bring in an exciting new restaurant with a modern concept that would appeal to diners.
 
burger chain must have signboard, especially at airport. otherwise how can airport transit cumstomers identify the type and hype of boogers oops buggers oops burgers they are getting? “no signboard burger? wtf is that shit?”
 
NO SIGNBOARD is the typical crap IPOs the SGX put up year in, year out.
BT reported a few weeks back 80% of this year's IPOs below issue price.
Owner drives Bentley...costs more than the 500k they are losing
 
NO SIGNBOARD is the typical crap IPOs the SGX put up year in, year out.
BT reported a few weeks back 80% of this year's IPOs below issue price.
Owner drives Bentley...costs more than the 500k they are losing

I was there when they were about to open their restaurant at the roof level of Vivocity.

The staff all gathered at a table for a meeting, I could see through the restaurant's glass windows.
 
KNN no signboard boss still doesn't know the theory of tam chia + ter nao KNN
 
Changi Jewel used as a backdrop for Pinky and Heng to do their National Day speeches.

Mission accomplished. Money well spent.
What about the Hanging Gardens of Babylon by the Bey? Not money well spent? Passe liao arh? :o-o:
 
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