The_King Posted December 11, 2019 Share Posted December 11, 2019 Hot on the heels of Sasa's move to shut down all stores in Singapore, another well-loved brand is bowing out of local malls. Home-Fix has been quietly shuttering its stores in Singapore over the past year. This week, its last two outlets in Tampines One and Tanglin Mall will be closing shop for good, marking the end of an era for the local hardware chain, according to a Business Times report. The decision comes amid reports of financial trouble for the company, which reportedly owes creditors $19.8 million and is undergoing interim judicial management. Home-Fix's founder and managing director Low Cheong Kee, 55, had also embarked on a "right-sizing" exercise in recent years, reducing the number of stores in Singapore from 23 in 2014 to 16 in 2018. "The sheer numbers game doesn't make sense anymore... We believe that expanding into the services sphere will help us to reach out better to our customers," Low told Today last year. On the company's website, it said it was aware of inconveniences caused to customers in the process of its reorganisation and promised to "work non-stop to launch new formulas". While Home-fix will no longer have brick-and-mortar stores in Singapore, it will continue to operate its online store as well as Homefix Squad, its home improvement concierge service. The chain also has stores in Cambodia and Malaysia that still appear to be in operation. Now one of the most recognisable homegrown brands, Home-Fix started out as a traditional hardware store in 1993. By 2014, it had grown to an empire, with 23 stores in Singapore and nine in Malaysia, thanks to Low's business acumen. Over the years, Low also introduced a number of initiatives to reinvent the company's business model, including XPC, an experience centre that offered workshops which taught customers how to use tools, build furniture and more. XPC, however, was permanently closed on Oct 31. https://www.asiaone.com/singapore/hardware-chain-home-fix-closing-all-its-retail-stores-singapore 1 1 Link to comment Share on other sites More sharing options...
chamfer Posted December 11, 2019 Share Posted December 11, 2019 DIY stuff are over priced. I could find better tools from ang mo countries and have them shipped here. 2 Link to comment Share on other sites More sharing options...
chamfer Posted December 11, 2019 Share Posted December 11, 2019 This shop offer better range of products and price. https://www.horme.com.sg/ 3 Link to comment Share on other sites More sharing options...
ManOfTheHour Posted December 11, 2019 Share Posted December 11, 2019 I usually buy from Buildersmart 1 Link to comment Share on other sites More sharing options...
chamfer Posted December 11, 2019 Share Posted December 11, 2019 1 minute ago, ManOfTheHour said: I usually buy from Buildersmart I saw this shop whenever i took bus to my sec sch in geylang. Link to comment Share on other sites More sharing options...
The_King Posted December 11, 2019 Author Share Posted December 11, 2019 19 minutes ago, chamfer said: DIY stuff are over priced. I could find better tools from ang mo countries and have them shipped here. Which ang mo website. Thanks Link to comment Share on other sites More sharing options...
ManOfTheHour Posted December 11, 2019 Share Posted December 11, 2019 9 minutes ago, chamfer said: I saw this shop whenever i took bus to my sec sch in geylang. I go to Balestier one when need last minute stuff. If not I will buy online 1 Link to comment Share on other sites More sharing options...
unclefcuker Posted December 11, 2019 Share Posted December 11, 2019 Retrenched! Link to comment Share on other sites More sharing options...
XianGe Posted December 11, 2019 Share Posted December 11, 2019 Useful for those urgently need tools... Link to comment Share on other sites More sharing options...
ODACHEK Posted December 12, 2019 Share Posted December 12, 2019 6 hours ago, chamfer said: This shop offer better range of products and price. https://www.horme.com.sg/ Online stores usually cheaper becos no need to pay high sg rental sucked by PAP gov... 2 TVB for life... Link to comment Share on other sites More sharing options...
socrates469bc Posted December 12, 2019 Share Posted December 12, 2019 sgp doesnt have a strong diy culture like ah moh countries, so how can have so many hardware stores???? thats why when a banker pitched a possible malaysian hardware chain ipo early this yr, there was only lukewarm interest. https://www.reuters.com/article/malaysia-mrdiy-ipo/malaysian-home-improvement-retailer-mr-diy-eyeing-ipo-sources-idUSL3N1Z32MX 2 Link to comment Share on other sites More sharing options...
meng.huat Posted December 12, 2019 Share Posted December 12, 2019 their stuff too expensive. those people who really know how to DIY, dont buy from them. I usually go Jln Besar area for my tools and parts. 1 Link to comment Share on other sites More sharing options...
The_King Posted December 12, 2019 Author Share Posted December 12, 2019 4 hours ago, socrates469bc said: sgp doesnt have a strong diy culture like ah moh countries, so how can have so many hardware stores???? thats why when a banker pitched a possible malaysian hardware chain ipo early this yr, there was only lukewarm interest. https://www.reuters.com/article/malaysia-mrdiy-ipo/malaysian-home-improvement-retailer-mr-diy-eyeing-ipo-sources-idUSL3N1Z32MX Mr DIY in MY also cannot make it. Sell those lousy item. Ace hardware in MY have a much much bigger selection and brand you hear of before 1 Link to comment Share on other sites More sharing options...
The_King Posted December 12, 2019 Author Share Posted December 12, 2019 4 hours ago, ODACHEK said: Online stores usually cheaper becos no need to pay high sg rental sucked by PAP gov... Waiting for gst or Digital tax to be implemented Next month gst for digital services started. There no escape muhahahahaha 1 Link to comment Share on other sites More sharing options...
socrates469bc Posted December 12, 2019 Share Posted December 12, 2019 (edited) 1 hour ago, The_King said: Mr DIY in MY also cannot make it. Sell those lousy item. Ace hardware in MY have a much much bigger selection and brand you hear of before these 2 hardware chains r like in almost every shopping center in malaysia, even more prevalent than sgp's home-fix. i really wonder how they make money to even pay rental. Edited December 12, 2019 by socrates469bc Link to comment Share on other sites More sharing options...
The_King Posted December 12, 2019 Author Share Posted December 12, 2019 1 hour ago, socrates469bc said: these 2 hardware chains r like in almost every shopping center in malaysia, even more prevalent than sgp's home-fix. i really wonder how they make money to even pay rental. Let ecom own them Goa gao Link to comment Share on other sites More sharing options...
aaur4man Posted December 12, 2019 Share Posted December 12, 2019 their DIY stuff so ex, that even noob like me wanna try to DIY will be discouraged. might as well pay slightly more for handyman with same material to do everything 3 Link to comment Share on other sites More sharing options...
Bigbird Posted December 12, 2019 Share Posted December 12, 2019 (edited) Alternatively can try these online sites! https://sg.rs-online.com/web/ https://www.hardwarecity.com.sg/category/HosesPistolsReels https://www.horme.com.sg/index.aspx I like Horme, but not sure if its cheaper then others. I saw many contractors go there to buy. I never been to hardwarecity. Edited December 12, 2019 by Bigbird Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now