03 December 2019
Sasa International, a leading drugstore in Asia, will shut all 22 stores in Singapore.
Six consecutive years of losses
The group had tried to improve sales by restructuring its local management team, enhancing store display and product mix, but still failed to turn the business around. In the six months ended 30 September, the Singapore operations reported S$17.3m (US$12.7) of sales, a drop...