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At the opening of Metro’s new store last Friday at City Square Mall ? the firm’s fourth in Singapore ? were (from left) Mr Phua Bah Lee and Mr Jopie Ong, members of Metro’s board of directors, Mr Lee Yi Shyan, Minister of State for Trade and Industry and Manpower, Mr Gerald Ong, a director on the board, and Mrs Wong Sioe Hong, Metro’s managing director. — ST PHOTO: CAROLINE CHIA
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Retail chain has allotted at least $14m for growth in S’pore and overseas
RETAIL chain Metro is looking for more opportunities to expand in ‘underserved’ areas of Singapore, while aggressively pushing into China and Indonesia.
The firm’s local reach expanded last Friday when it launched its fourth store at City Square Mall near Little India – its first opening here in seven years.
Managing director Wong Sioe Hong told The Straits Times how the chain, which had dwindled in the mid-1990s, had changed to meet new challenges.
‘We have been waiting for an opportunity but there weren’t any new malls for the past few years. Most of the new ones are on the Orchard stretch, which is already crowded,’ said Mrs Wong. Continue reading
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