Serious DFS Close Shop at Changi Airport ... Highly Paid FTs & $$$ Laundering Rich Don’t Shop Anymore???

[laksaboy]

I do not know the inside story but in the red dot, rental is almost always the killer.
Whats the point of slaving day and night for the landlord to make the most leaving you with crumbs.
The problem is these landlords are mostly govt entities or GLC's with "unlimited" funding and can just chalk off any losses as " long term investments".
So bottom line sinkies have to pay-through higher cost of goods and services or funding of govt entities/GLC's via higher and higher min sum or CPF contributions.
The winner-million dollar ministers

Rent-seeking economy. The REITs, Capitalmalls, Frasers malls, Far East malls etc are all into the action.

Only this time, the silly scholars at CAG are in charge. Their idiocy transcends rent e.g. mandatory operating hours at the Jewel.

P.S: I wonder who will be the first retail casualty at Funan? I predict one of the basement eateries or that atas (overpriced) burger shop near the entrance.

 

[aerobwala]

My bet is the guy selling this speaker would be the first one to bite the dusk.

 

[jw5]

I already have an eatery in mind.

Rent-seeking economy. The REITs, Capitalmalls, Frasers malls, Far East malls etc are all into the action.

Only this time, the silly scholars at CAG are in charge. Their idiocy transcends rent e.g. mandatory operating hours at the Jewel.

P.S: I wonder who will be the first retail casualty at Funan? I predict one of the basement eateries or that atas (overpriced) burger shop near the entrance.