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Longtime shareholders of Metro Holdings have experienced a roughly ~65-70% drop since its share price peaked in 3Q2017. The drop can largely be attributed to the property downturn in the markets it is invested in (especially China) and also partly due to the slow gradual decline of the relevance of their departmental store format.
Metro Holdings has experienced ~10% rise in price in the last 1 week, and that is significant. One would expect such a rise to be due to some good news wrt to its property holdings but surprisingly it turns out to be a mention of their "retail strategy revamp" instead. But considering the current climate on the local bourse which is the (almost) everything's bull market, I suppose it shouldn't be very surprisingly.
Metro soars 6% on news of strategy revamp
On Sunday, The Business Times reported on Metro’s plans to revamp its retail strategy to combat the industry headwinds that have hit its retail division, which posted a loss after tax of S$6.9 million for FY2025, versus a S$1.8 million profit in the previous year.
For one thing, it has partnered South Korean retail giant Shinsegae to bring in exclusive products – including brands that will be available in Singapore only through Metro – as part of a bid to differentiate itself from competitors. Through the tie-up, Metro is also looking at introducing its brands to Shinsegae.
Experiential offerings are also in the pipeline, such as a “sleep lab” that will allow customers to try mattresses.
Another new concept is MiniMuse, a luxury beauty and wellness selection targeting young customers that offers sample-sized products for them to try before making full-sized purchases.
Yet another is Kitchen Stadium, which will allow shoppers to watch live demonstrations by chefs.
https://www.businesstimes.com.sg/compani...egy-revamp
Metro Holdings has experienced ~10% rise in price in the last 1 week, and that is significant. One would expect such a rise to be due to some good news wrt to its property holdings but surprisingly it turns out to be a mention of their "retail strategy revamp" instead. But considering the current climate on the local bourse which is the (almost) everything's bull market, I suppose it shouldn't be very surprisingly.
Metro soars 6% on news of strategy revamp
On Sunday, The Business Times reported on Metro’s plans to revamp its retail strategy to combat the industry headwinds that have hit its retail division, which posted a loss after tax of S$6.9 million for FY2025, versus a S$1.8 million profit in the previous year.
For one thing, it has partnered South Korean retail giant Shinsegae to bring in exclusive products – including brands that will be available in Singapore only through Metro – as part of a bid to differentiate itself from competitors. Through the tie-up, Metro is also looking at introducing its brands to Shinsegae.
Experiential offerings are also in the pipeline, such as a “sleep lab” that will allow customers to try mattresses.
Another new concept is MiniMuse, a luxury beauty and wellness selection targeting young customers that offers sample-sized products for them to try before making full-sized purchases.
Yet another is Kitchen Stadium, which will allow shoppers to watch live demonstrations by chefs.
https://www.businesstimes.com.sg/compani...egy-revamp
I am not a certified financial advisor and so nothing of what I say should be construed as financial advice. Please consult a certified financial advisor for advice instead.